{"id":2315,"date":"2019-10-29T14:38:27","date_gmt":"2019-10-29T13:38:27","guid":{"rendered":"https:\/\/www.druckerforum.org\/blog\/?p=2315"},"modified":"2023-11-01T15:30:19","modified_gmt":"2023-11-01T14:30:19","slug":"thinking-for-the-age-of-ecosystems-by-joseph-pistrui-and-dimo-dimov","status":"publish","type":"post","link":"https:\/\/www.druckerforum.org\/blog\/thinking-for-the-age-of-ecosystems-by-joseph-pistrui-and-dimo-dimov\/","title":{"rendered":"Thinking for the age of ecosystems <\/br>by Joseph Pistrui and Dimo Dimov"},"content":{"rendered":"

Ask not what the ecosystem can do for you, but what you can do for the ecosystem.<\/p>\n

In the \u2018paradox of thrift\u2019, saving money is good for the individual consumer, but if everyone saved money the overall economy stagnates.<\/p>\n

There is a paradox of managerial thinking in a networked world: staying in the shell of legacy brings internal comfort; but if everyone did it the ecosystem atrophies.<\/p>\n

When it comes to innovating the ecosystem re-draws the boundaries of the organization. The value equation expands to include the social context of the system and your role and place in that system. What is at stake is the very shaping of the value the system creates, offering the rewards of enhanced status and influence.<\/p>\n

In the age of ecosystems, there is no free ride in a system defined by its constantly evolving value equation. Even if you are on the right track you can be overtaken by the relentless progress of others. Any company that rises to systemic opportunities must be an entrepreneurial company, which begins with managers who think more entrepreneurially across traditional organizational boundaries. Here are two ways to do just that.<\/p>\n

\n

Drucker Forum 2019<\/strong><\/span><\/h2>\n
\n

This article is one in the \u201cshape the debate\u201d series relating to the 11th Global Peter Drucker Forum<\/a><\/span>, under the theme \u201cThe Power of Ecosystems\u201d taking place on November 21 & 22, 2019 in Vienna, Austria.
\n#GPDF19 #ecosystems<\/strong><\/span><\/p>\n<\/div>\n<\/blockquote>\n

Forget Right and Wrong<\/strong><\/p>\n

Entrepreneurial thinking starts with recognizing that right-wrong categories apply only to the past. They need facts. Yet there are no facts in the future. Tomorrow brims with possibilities \u2014 it is seldom a replay of yesterday.<\/p>\n

\u201cFocus on the future\u201d is an unassuming prescription for overcoming the limitations of legacy thinking. By simply looking ahead to a world not nailed down by facts and supercharged by ever-growing networks, the right-wrong label is always behind you \u2014 and it can never catch up with you.<\/p>\n

The \u201ckick in the teeth\u201d of rejections and setbacks become signals of what does not work and serve as props for learning. To call such experiences \u201cfailures\u201d is to remain locked in the past.<\/p>\n

Look for what\u2019s not there<\/strong><\/p>\n

Managers need to look for what\u2019s not there, products or services that will address what Drucker calls incongruities of daily life and leverage evolving values and meaning.<\/p>\n

Brian Chesky saw air beds in a world of ample hotels and motels, while James Dyson had a vision of a bagless vacuum in a world of bags.<\/p>\n

Entrepreneurial thinking relies on what is possible in the marketplace and prompts us to \u201cimaginate\u201d (an old Scottish word) beyond what there is. Managers must look for what\u2019s not there, empowered by the words of George Bernard Shaw: You see things as they are, and you ask \u201cWhy?\u201d But I dream things that never were, and I ask \u201cWhy not?\u201d<\/p>\n

Being entrepreneurial values doing for the sake of doing. Only action can provoke the world to respond. Invite serendipity by keeping things in motion; remember: the future is shaped not by past facts but possibilities yet to be realized.<\/p>\n

About the Authors:<\/strong><\/p>\n

Joseph Pistrui<\/strong> is Adjunct Professor of Entrepreneurship & Innovation at IE Business School in Madrid, and co-founder of Kinetic Thinking.<\/em><\/p>\n

Dimo Dimov<\/strong> is Professor of Entrepreneurship & Innovation at Bath University in the UK, and co-founder of Kinetic Thinking.<\/em><\/p>\n

This article is one in the Drucker Forum \u201cshape the debate\u201d<\/strong> series relating to the 11th Global Peter Drucker Forum<\/a>, under the theme \u201cThe Power of Ecosystems\u201d, taking place on November 21-22, 2019 in Vienna, Austria #GPDF19 #ecosystems<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Ask not what the ecosystem can do for you, but what you can do for the ecosystem. In the \u2018paradox<\/p>\n","protected":false},"author":1,"featured_media":2316,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":""},"categories":[237],"tags":[238,230,128],"_links":{"self":[{"href":"https:\/\/www.druckerforum.org\/blog\/wp-json\/wp\/v2\/posts\/2315"}],"collection":[{"href":"https:\/\/www.druckerforum.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.druckerforum.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.druckerforum.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.druckerforum.org\/blog\/wp-json\/wp\/v2\/comments?post=2315"}],"version-history":[{"count":2,"href":"https:\/\/www.druckerforum.org\/blog\/wp-json\/wp\/v2\/posts\/2315\/revisions"}],"predecessor-version":[{"id":4323,"href":"https:\/\/www.druckerforum.org\/blog\/wp-json\/wp\/v2\/posts\/2315\/revisions\/4323"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.druckerforum.org\/blog\/wp-json\/wp\/v2\/media\/2316"}],"wp:attachment":[{"href":"https:\/\/www.druckerforum.org\/blog\/wp-json\/wp\/v2\/media?parent=2315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.druckerforum.org\/blog\/wp-json\/wp\/v2\/categories?post=2315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.druckerforum.org\/blog\/wp-json\/wp\/v2\/tags?post=2315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}