Knowing where your Ecosystem approach “sits” relative to competitors needs a common comparable approach. You not only see where your own ecosystem is positioned but how it differs and very often being evaluated by partners and customers to understand differences to make their decisions to participate, engage or commit.
Most organizations are building or scaling ecosystems without a structured way to access whether their ecosystems are optimal or fit for growth and stress in changing market conditions.
By outlining in a short series a comparison of a selected group of Industrial giants and how they are managing their Ecosystem building you gain an understanding of what this IIBE Lens can provide.
Achieving a Clear Ecosystem Business Model line-of-site at Board Room Level
Why areEcosystem opportunities failing? It is not from poor execution, but from poor recognition, many potentially exciting collaborations never get out of the assessment gate, mostly stuck at Board level. They climb up to the Board and then suddenly they vanish or get rejected.
This is one of the biggest frustrations being face today on building Business Ecosystems and needs changing..
Walk into any boardroom today and mention “ecosystem strategy.” You’ll get nods of agreement, enthusiastic approval, and immediate pressure to move fast. Six months later, that same initiative is stalled, the team is frustrated, and the Board is quietly wondering what went wrong.
The problem isn’t the idea. It’s not even the execution. The problem is that Boards are approving ecosystem commitments without understanding what they’re actually committing to and these risks make them very uncomfortable to take. What if that can change?
Comparisons through the IIBE Lens for Ecosystem Opportunities
So the question here is “What the IIBE Lens reveals that Strategy reviews so often fail or miss in their assessments.” Ecosystems over time naturally build “tensions” progressively. The aim of the IIBE lens is to identify these tensions and gaps and assist management to recalibrate their Ecosystem in more dynamic ways to evolve.
Here, we are using the Intelligent & Integrated Business Ecosystem (IIBE) Lens to compare four global industrial leaders — Siemens AG, GE Vernova, Schneider Electric, and ABB — all of whom have been evaluated previously through IIBE informed analysis.
The IIBE is a diagnostic systematic approach designed to assess how well an organization is designed to operate, adapt and evolve through ecosystems, especially under changing market conditions. It seeks out tensions, gaps and opportunities that so often cannot be named but are giving cause to growing discomfort.
The intent here, in post two of this short series, is not to explain IIBE principles, but to focus on observable outcomes through what the IIBE lens offers: how each company positions its ecosystem, how attractive and usable those ecosystems are for customers and partners, the maturity of their platforms, and where gaps or constraints remain.
Looking through the IIBE Lens at Ecosystem Opportunities
A New Perspective on Ecosystem Strategy
Executives concern themselves with their Ecosystems, in design, in what they offer and the ability to gain the collaborations required to justify the investment and commitments. Often as a real concern is “Is your Ecosystem performing” That is exactly why you should be worried if you are unsure. Are your results masking and eroding your ecosystem fitness?
Discovering understandings of partner adoption attraction, the ability to assess if your orchestration costs are rising or actually being pushed down to clients, the actual platform engagement is it transactional rather than relational. So is your Ecosystem performing, what would a structured lens provide?
Business ecosystems provide a real, sustainable and significant competitive advantage by shifting a company to a higher level of collaborative, networked value creation. Instead of just selling a single product, you are selling a “connected solution” built and supported by a web of partners, providing greater value and outcomes as a result.
In this short series during this week I will be exploring the IIBE Lens, a way of explaining Ecosystems for organizations that provides an understanding of their maturity, health and appeal, as well as providing comparisons in their competitive field. It builds out different ecosystem approaches to show value, weakness and further opportunities, applying Ecosystem thinking and design applications.
