Commentary

Tapping ecosystems to drive business performance

Businesses are increasingly dynamic and interconnected, where success can depend on how well a firm can cooperate with others.

The concept is far from new. Business strategist James Moore noted in the Harvard Business Review in 1993 that "successful businesses are those that evolve rapidly and effectively. Yet innovative businesses can't evolve in a vacuum. They must attract resources of all sorts, drawing in capital, partners, suppliers and customers to create cooperative networks".

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A version of this article appeared in the print edition of The Straits Times on February 07, 2019, with the headline 'Tapping ecosystems to drive business performance'. Print Edition | Subscribe