For many businesses today, the opportunity of joining or building an ecosystem of alliances is important to holistic success.
A common misconception is that what blindsides companies is the trend that takes hold faster than experts expect.
The most central question for any business today may be the following: “To what extent does delivering value to your end-user involve the collaboration of multiple partners in your ecosystem?”
A McKinsey study found that the average span of a company listed in the S&P 500 is currently less than 18 years.
Why do companies exist? British economist Ronald Coase’s 1937 Theory of the Firm tells us that the existence of a firm is necessary when the costs of managing coordination internally
The nature of competition in business is changing. What has historically consisted of company-to-company rivalry has evolved into a struggle between competing ecosystems to gain supremacy. Business ecosystems consist of
The other night, heading home from the office before a wintry mix was scheduled to begin, I stopped by the grocery store to pick up a few things. I grabbed
At Outthinker, we are fortunate to work with an incredible group of chief strategy officers of $1B+ companies that we call the Outthinker Strategy Network. Strategy officers are known for
In her most recent book, Seeing Around Corners, innovation and strategy expert Rita McGrath teaches leaders to spot inflection points, or major industry shifts, before they happen. “Snow melts from