The “era of ecosystems” is challenging current strategies

Sari Kola

Senior Advisor

Tag : ecosystem; strategy

It is fall again, the vacations are over, and we are back to work. From my part it means new beginnings as a part of the Taival team. Considering my passion, ecosystems, there is a lot cooking under the hood, namely in the area of building new business models based on data and ecosystems. That’s the reason why I find the Taival collaboration very interesting.

After the warm and lazy summer days it is exciting to pick up where we left off before the break and start new projects. The ecosystem topic is hotter than ever with the 806,9 BEUR EU recovery funding geared towards making Europe greener, more digital, and more resilient. Challenges that call for collaboration – or in other worlds, ecosystems, to create innovative and sustainable solutions. Finding collaboration opportunities is easy, funding opportunities are existing, but then there is the hard part – how to operationalize ecosystem business models and create operational architecture that supports them in short term and makes the new business sustainable for all parties in the long term. That’s why I find Taival’s “StratOps” approach particularly interesting.

But before we go into the solution, there is a need to understand the problem. The “era of ecosystems” is challenging us all. Harvard Business Review stated already in 2019 that current strategy frameworks are of little or no value in today’s ecosystem economy. Hence, it is important to find new approaches to the topic. That’s why we wrote the Ecosystem Handbook last year. To bring together best practices and to enrich them with the latest research.

The Ecosystem Handbook is targeted for business leaders in large corporations, SMEs and Start-Ups, AND for researchers and public sector leaders. It focuses on collaboration and ways of working needed to solve meaningful problems that a single company or organization cannot solve alone.

We of course think that this is a “must read”, but it is much more interesting to know what others think. That’s why we asked Dr. Mikko Kosonen, Chairman of the Board, Aalto University, why he thinks you should read the Ecosystem Handbook? And quite liked the answer – as according to him, it is practical and insightful. And it might even make you a better person 🙂