Successful innovations need innovation ecosystems
Stumble It!High Definition TVs should be a huge success yet so far they have been an unmitigated failure - a great example of the launch of a high tech product whose supporting ecosystem was not sufficiently mature.
Ron Adner, writing in Match Your Innovation Strategy to Your Innovation Ecosystem, (Harvard Business Review April 2006) argues that even if products are fully market-ready they will fail if the supporting ‘innovation ecosystem’ is not in place.
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Bioteams Books Reviews
Animal Instincts in the office
Just because we might have selfish genes it does not mean we have to behave selfishly; nature knows when to be nice as well as nasty and nepotism occurs in the biological world too with equal destructiveness as our world. This is according to Richard Conniff author of The Ape in the Corner Office and reviewed in the UK Guardian Newspaper (27 May).
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Related Virtual Collaboration Networks Articles
The biological nature of business networks
Harvard Professor Marco Iansiti predicts that the future business competition will not be between companies or even supply chains but between networks.
New industry ecosystems predicted
One of the Ten Trends to watch in 2006, according to the McKinsey Quarterly (Jan 2006), will be the emergence of new global structures with a barbell-like structure, with a few giants on top, a narrow middle, and a flourish of smaller, fast-moving players on the bottom.
The Networked Enterprise and Connecting Innovation
I (Ken Thompson) spoke on the theme of The Networked Enterprise at an event "Connecting Innovation" organized by the University of Brighton and Use8 in Hove (UK) on 26 March. My full slide set is available here for download.
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