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The introduction of the business model as an ecosystem perspective has brought a major change in strategic management thinking. Enabled by increasingly sophisticated technology, the different sub-components in a business ecosystem can now easily be connected. This has resulted in many innovative ideas and new forms of business models.
Write a 1,400- to 1,750-word paper to evaluate your organization’s ecosystem and determine if there are any possibilities for reframing your organization’s digital opportunities. In your response consider the following:
- Are there any strategic advantages to be gained from a redesigned business model shaped by a business ecosystem perspective?
- What is the organizational mindset in reshaping and re-thinking a more innovative business model? How can a systems thinking approach support changing mindsets?
- What is the status of your technology platforms, and will it be possible to re-core them in order to tap into and optimize the value chain?
Include at least five references to support your position. All references must originate from scholarly, peer-reviewed sources.
Format your assignment according to APA guidelines.
Submit your assignment.
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