Jove
Visualize
Contact Us
JoVE
x logofacebook logolinkedin logoyoutube logo
ABOUT JoVE
OverviewLeadershipBlogJoVE Help Center
AUTHORS
Publishing ProcessEditorial BoardScope & PoliciesPeer ReviewFAQSubmit
LIBRARIANS
TestimonialsSubscriptionsAccessResourcesLibrary Advisory BoardFAQ
RESEARCH
JoVE JournalMethods CollectionsJoVE Encyclopedia of ExperimentsArchive
EDUCATION
JoVE CoreJoVE BusinessJoVE Science EducationJoVE Lab ManualFaculty Resource CenterFaculty Site
Terms & Conditions of Use
Privacy Policy
Policies

Related Experiment Videos

Strategy as ecology.

Marco Iansiti1, Roy Levien

  • 1Harvard Business School, Boston, Massachusetts, USA. miansiti@hbs.edu

Harvard Business Review
|March 20, 2004
PubMed
Summary
This summary is machine-generated.

Business success hinges on understanding and nurturing your company

Related Experiment Videos

Related Concept Videos

You might also read

Related Articles

Articles linked to this work by shared authors, journal, and citation graph.

Sort by
Same journal

The Case for Capitation.

Harvard business review·2016
Same journal

How to Pay for Health Care.

Harvard business review·2016
Same journal

How to Preempt Team Conflict.

Harvard business review·2016
Same journal

The Secrets of Great Teamwork.

Harvard business review·2016
Same journal

Leading the Team You Inherit.

Harvard business review·2016
Same journal

Wicked Problem Solvers.

Harvard business review·2016

Area of Science:

  • Business Strategy
  • Organizational Networks
  • Ecosystem Management

Background:

  • Modern business success is often attributed to internal factors like leadership and competitive practices.
  • However, external business networks, or ecosystems, significantly influence organizational performance.

Purpose of the Study:

  • To highlight the critical, yet often misunderstood, role of business ecosystems in company success.
  • To provide a framework for understanding and managing these networks.

Main Methods:

  • Utilizing the analogy of biological ecosystems to explain business network dynamics.
  • Analyzing the interdependence between a company's actions and its ecosystem's health.

Main Results:

  • Company success is significantly influenced by the health and dynamics of its business ecosystem.
  • A company's strategic decisions impact its network, which in turn affects its own performance.

Conclusions:

  • Firms must understand their role (niche, keystone, dominator) within their business ecosystem.
  • Developing strategies that benefit the entire ecosystem is crucial for long-term organizational well-being.