In a 2001 commercial, a man sits at his desk in front of a MacBook computer (the Apple logo lets the viewer know). He starts nodding his head along with a rock song that plays from the speakers. The nodding progresses to a full body jam session, and the man adds the song (“Take California” …
You can always feel the difference between city streets that were designed from the bottom up versus the top down. For example, when I visited the Old City district in Baku, Azerbaijan, I noticed a marked contrast between the tightly twisted serpentine streets, lined with the most unusual shops and restaurants, compared to the squared-off …
One of my favorite things about the work I do is having the opportunity to interact with companies in so many different industries. Last week, I gave a speech to WSP Golder, one of the largest civil engineering consulting firms with 55,000 consultants, nearly 25,000 of which are focused on earth and the environment. They …
FLOOW2 Creates a Collaborative Ecosystem for Dutch Healthcare Read More »
Why do companies exist? British economist Ronald Coase’s 1937 Theory of the Firm tells us that the existence of a firm is necessary when the costs of managing coordination internally are less than the transaction costs in the external marketplace.
The nature of competition in business is changing. What has historically consisted of company-to-company rivalry has evolved into a struggle between competing ecosystems to gain supremacy. Business ecosystems consist of two or more partner companies who agree to combine their assets, capabilities, markets, and talent pools to create and deliver new value.
