Embracing An Agile Ecosystem Through Digital Transformation

Eias Ai Humdan, Yangyan Shi, Masud Behina and V.G. Venkatesh
Additional contact information
Eias Ai Humdan: Rabdan Academy
Yangyan Shi: Macquarie University [Sydney], CUEB - Capital University of Economics and Business
V.G. Venkatesh: Métis Lab EM Normandie - EM Normandie - École de Management de Normandie = EM Normandie Business School

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Abstract: The transformation of competition from individual firms to entire supply chains, coupled with the rise of various technologies and significant shifts in customer expectations, has necessitated the development of strategic approaches prioritizing swift delivery and rapid response times. In recent years, there has been a notable increase in the prevalence of the concept of "ecosystems" within business discussions. In this context, an ecosystem refers to a strategic framework where multiple entities collaborate to create mutual value by integrating resources. Business leaders increasingly recognize that the most valuable skills and ideas within their industry often exist beyond the boundaries of any single organization. Consequently, there is a growing emphasis on collaboration as a key driver of success, albeit one that presents unique challenges.

Date: 2024-03-29
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Published in 2024

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05409443

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