Thursday, March 10, 2011

Self-Directed Team Performance in Business Ecosystem

James F. Moore defined Business Ecosystem as, “An economic community supported by a foundation of interacting organizations and individuals—the organisms of the business world. The economic community produces goods and services of value to customers, who are themselves members of the ecosystem. The member organisms also include suppliers, lead producers, competitors, and other stakeholders. Over time, they co-evolved their capabilities and roles, and tend to align themselves with the directions set by one or more central companies. Those companies holding leadership roles may change over time, but the function of ecosystem 
leader is valued by the community because it enables members to move toward shared visions to align their investments, and to find mutually supportive roles (Moore, 1993).”  An example of  Business Ecosystem is a company or organization examined beyond the peripheral level of a single entity  by depicting the associated companies, suppliers, government, economy, customers and competition as a business ecosystem that crosses a variety of industries (J. Clawson, 2009; Moore, 2006). 

No comments: