
The Ecosystem Revolution
Description
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Gear up and equip your organization for an entirely new competitive landscape
In The Ecosystem Economy: How to Lead in the New Age of Sectors Without Borders, two McKinsey & Company senior partners offer an incisive and eye-opening look at the emerging ecosystem economy and what it means for companies used to familiar sector siloes. In the book, you’ll explore how the most successful companies in the new economy aren’t the ones that have applied old-school best practices but, instead, have adopted entirely new mindsets and approaches for a fundamentally transforming market.
You’ll also find:
- Explanations of why it’s so important for companies to adopt a new approach in the face of a foundationally changing economy (and what they stand to gain)
- How the new ecosystem economy will continue to evolve and change, dissolving the borders between the traditional sectors of the economy
- A comprehensive ecosystem playbook that can be applied to firms of any size and in any sector
As the barriers between sectors and disciplines come down, organizations everywhere will need to reshape their thinking about value propositions, competition, partnership, organizational and operating models, and performance management. The Ecosystem Economy is your personal roadmap to navigating that new world. It’s ideal for managers, executives, and other business leaders seeking fresh new strategies and practical approaches for markets that bear little resemblance to the ones that came before.
VENKAT ATLURI is a senior partner at McKinsey & Company, where he leads the firm's global Technology & Telecommunications Practice. In addition he serves clients in the high-tech, media and telecommunications, advanced industries, and consumer sectors by partnering with management teams and boards to create value through performance transformation, programmatic M&A and new business building. Prior to joining McKinsey, Atluri held leadership roles at General Electric and 3M.
MIKLÓS DIETZ is a senior partner at McKinsey & Company. He leads McKinsey's banking strategy and innovation work globally and is the managing partner of the Vancouver office. He is the founder/chair of the Panorama research group and the Ecosystem Hub, and has served over 450 clients in 40+ countries across multiple industries. Prior to joining McKinsey, he worked at Merrill Lynch and Reuters.
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Content
- Cover
- Title Page
- Copyright Page
- Contents
- Introduction: The Age of Ecosystems
- Part One
- Chapter 1 Sparks of Magic: The Road from Sectors to Earliest Ecosystems
- The Rise of Conglomerates
- Disney's Hybrid Model
- Conglomerates Elsewhere
- The Evolution of Conglomerates in the West
- Chapter 2 The Walls Come Tumbling Down: The Dawn of an Ecosystem Economy
- The Four Hurdles
- The Great Acceleration of Technological Progress
- Consumer Behavior Evolution
- Ecosystem 1.0
- Ecosystems Elsewhere
- Ecosystems in the US
- Looking Back
- Chapter 3 The Exhilarating Path Ahead: How the Uncertain Future Will Shape the Evolution of Ecosystems
- Ecosystem Growth Will Continue
- Emerging Ecosystems
- Geopolitics
- Major Regulatory Changes
- Environment, Social, and Governance (ESG)
- Artificial Intelligence Breakthrough
- The Metaverse
- Web 3.0
- DeFi
- Extreme Cyber Events
- Acceleration of Space-Based Commerce
- Biotechnology
- Nanotechnology
- Part Two
- Chapter 4 Going Where the Puck Will Be: Choosing Where to Play in the New Ecosystem Economy
- Example 1: Mobility as a Service
- Example 2: Comfort and Security as a Service
- Example 3: Integrated Small Business Services
- Chapter 5 It Takes a Village: Finding Your Place in the Ecosystem, Choosing Your Role, and Picking the Right Collaborators
- Orchestrators and Participants
- Shades of Gray: A Spectrum of Ecosystem Roles
- Ecosystem Necessities Analysis
- Build, Acquire, or Partner?
- Build, Acquire, or Partner Grid
- Picking the Right Collaborators
- Partnership Matrix
- Example 1: Home
- Example 2: Payment Fintech
- Example 3: Health
- Chapter 6 Survival of the Fittest-Changing fromthe Inside Out: How to Make the Leap
- Organizational and Operating Model
- Talent
- Performance Management
- Underlying Culture
- Supporting Infrastructure
- Conclusion: Conclusion: Ten Time-Tested Principles for the Emerging Ecosystem Economy Finding Prosperity in a World of Sectors Without Borders
- Acknowledgments
- List of Illustrations
- Notes
- About the Authors
- Index
- EULA
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