Nurturing An Ecosystem As A Competitive Advantage
The expression ‘Business Ecosystem’ was coined in 1993 in the Harvard Business Review. It proposed that a company should be viewed not as a single entity, but as a part of an ecosystem that includes participants across many industries. Q4 2020 hedge fund letters, conferences and more So the notion that another company’s success is a barrier to your own is outdated. Partnering up isn’t a sign of defeat: it’s a smart way to leverage your ecosystem’s resources and strengthen your position. Businesses across the board are learning that forming strategic alliances with other companies – even compet...