Venkat Atluri
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“Most traditional businesses have a culture of not accepting failure, which sometimes leads them to declare new business projects successful even when they plainly are not. This incentivizes company leaders to do all sorts of irrational things, like inefficiently allocating resources, investing imprudently in struggling ecosystem businesses, and—perhaps most importantly—pulling resources and management attention away from promising new ventures by keeping them focused on old, failing ones that everyone is too proud to admit are failing. Only radical transparency and not just the acceptance but celebration of failures can help here.”
― The Ecosystem Economy: How to Lead in the New Age of Sectors Without Borders
― The Ecosystem Economy: How to Lead in the New Age of Sectors Without Borders
“If the answer is no—if there aren't currently any ecosystems capable of meeting the evolving needs of your evolving customer base—then you need to ask: What ecosystems are needed? What is the gap a new ecosystem could fill?”
― The Ecosystem Economy: How to Lead in the New Age of Sectors Without Borders
― The Ecosystem Economy: How to Lead in the New Age of Sectors Without Borders
“Traditional competitors: Who are your traditional competitors—or the players you have competed with historically? What are their strengths and weaknesses? How might they evolve to meet emerging customer needs and an evolving customer base? Are they evolving into potential partners or collaborators?”
― The Ecosystem Economy: How to Lead in the New Age of Sectors Without Borders
― The Ecosystem Economy: How to Lead in the New Age of Sectors Without Borders
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