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DESCRIPTION
When new technologies and competitors disrupt markets, numerous existing organizations struggle to carry on. Most likely reason is that they are inadequately prepared to cultivate new products and services amidst uncertainty.
Situations like this stimulate some organizations to partner with others. Fruitful partnerships comprise of having the appropriate people, processes, and organizational backing—in other words a whole ecosystem.
Setting up the correct type of Innovation Ecosystem is key in order to guarantee success and to detect and manage sources of conflict.
In many situations, the conventional approach for Innovation Ecosystem Strategy does not work. Research has come up with the following 6-phase approach to forming an Innovation Ecosystem Strategy that ensures success:
1. Define the area of exploration.
2. Find and attract the right partners.
3. Connect uncommon partners.
4. Connect the partners into an ecosystem.
5. Leverage opportunities to transform.
6. Allow partnerships to be flexible.
This presentation covers not only the 6-phase approach, but also discusses the concepts and applications of Centralized vs. Adaptive Ecosystems.
The slide deck also includes some slide templates for you to use in your own business presentations.
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Source: Best Practices in Innovation PowerPoint Slides: Adaptive Innovation Ecosystem Strategy PowerPoint (PPTX) Presentation, LearnPPT Consulting
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OVERVIEW
ABOUT THE AUTHOR
We are a team of management consultants trained by top tier global consulting firms (including McKinsey, BCG, Deloitte, EY, Capgemini) with a collective experience of several decades. We specialize in business frameworks based on real-life consulting engagements.
We have served 100s of clients that range from Fortune 500 companies to tech startups to $1B+ private companies.
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