Creating and Capturing Value in Your Business Ecosystems
Finance & Entrepreneurship
Companies struggle to maintain their position in a constantly changing business ecosystem. How is then possible to create and preserve their value? The answer for Michael G. Jacobides is not to resist change but, rather, to reshape their sector in the business ecosystem. Whether we speak of a company or an individual, the only way to cope with our complicated, dynamic and insecure world for Michael Jacobides is to focus on emerging needs, to strengthen our skills, to run quicker than competition, to look for alliances, to adapt. Survival in the business ecosystem requires becoming less replaceable and building differentiability.