CCU Business Ecosystem Model Perspective & Organizational Sustainability Discussion
THIS IS A DOCTORAL COURSE…….THERE IS 3 PARTS TO THIS ASSIGNMENT. 2 DISCUSSION POSTS AND A SELF-POST. PLEASE FOLLOW COMPLETE INSTRUCTIONS. I WILL POST THE PEER RESPONSE PART AFTER 2 PEERS WRITE DISCUSSION POSTS
Discussion 1
Write a 300- to 500-word response to the following:
Determine strategic actions to build a sustainable business ecosystem. Consider any organization in the technology field and explore performance assessment methods to address economic and social value to promote sustainability. Discuss the organizations' mission and values, two performance assessment methods, and evaluate two strategic actions to improve collaborative networks.
Include your own experience as well as two citations that align with or contradict your comments as sourced from peer-reviewed academic journals, industry publications, books, and/or other sources. Cite your sources using APA formatting.
If you found contradicting information to what your experience tells you, explain why you agree or disagree with the research.
Will post by Thursday to respond too…..Read others' posts and respond in 250-300 words to at least one of your course colleagues. Why do you agree or disagree with their post? What is your experience or research supports your assertions?
Discussion 2
Write a 250- to 300-word response to the following:
Explore the required readings and determine the key performance indicators for successful ecosystems.
Refer also to how customers, as an element in the value chain, can build a sustainable ecosystem.
Include your own experience as well as two citations that align with or contradict your comments as sourced from peer-reviewed academic journals, industry publications, books, and/or other sources. Cite your sources using APA formatting.
If you found contradicting information to what your experience tells you, explain why you agree or disagree with the research.
Will post by Thursday to submit a response…….Review others’ posts and respond to at least one of your course colleagues in 150 words. Why do you agree or disagree with their post? What in your professional experience supports your assertions?
Part 3- Doctoral Paper
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 rethinking 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?
Discussion 1- Peer Post the respond to on a doctoral leve…..Read others' posts and respond in 250-300 words to at least one of your course colleagues. Why do you agree or disagree with their post? What is your experience or research supports your assertions?My current organization has worked hard over the last ten years to create and promote sustainability by doing everything from creating a living green roof at our corporate office in Atlanta to developing better strategies in order to reduce volumes of trash company wide, water and electric reduction in usage and a overhaul of their footprint from when they began in 2011 till today. When we were asked to examine a tech company closely and explore their performance assessment methods that address economic and social values in order to promote sustainability, my mind immediately went to google.Most cities have a google corporate office, as does Atlanta. When they first opened their new Atlanta offices, my organization's leadership was invited for a tour of Google. It was a fun, vibrant, exciting atmosphere. Their team members were kind, receptive and open with their strategies for success. Their mission statement is to organize the worlds information in order to make it accessible world wide as well as be useful. According to Meier, J.D. (2017). Googles core values are not only insightful but thoughtful, in short, dont be evil, always work to earn your customers trust and user loyalty/respect daily. Create sustainable long term growth and profitability is what makes them successful. Lastly, Google works to support and care for the communities where all of us work and live. I found interesting about google to maintain their leadership as a innovative tech organization, they needed to address the concerns of their stakeholders through better corporate social responsibility policies and practices, while they have made great strides in their efforts to create better standards and expectations, according to Meyer (2017). There is still vast room for improvement of their CSR efforts in order to make Google a much stronger contender within their local and international markets.Google's philosophy is to focus on their users and everything else will follow, is believed to have led to a more unique and popular management style that has helped google to emerge as a leader in their field. With their new standards in place, Google's philosophy has changed to you can make money without doing evil, according to Meyer (2017), this philosophy has helped their team members to engage in activities that work to benefit various communities, their stakeholders as well as satisfying all regulatory requirements. Google believes that their core values meet the needs of the present by not compromising current and future generations from meeting theirs. Tiny Pillars (2020), believes that by including and implementing upward feedback surveys, use midpoint employee performance check ins and having multiple regular one on one meetings Google is able to use their performance assessments to create organizational loyalty by asking their team members to assist in creating new polices and practices making Google stronger. Through the actions that they have taken, they have perfected their three pillars, people, profits and their main goal the planet.ReferencesMeier, J.D. (2017). Brilliant Examples of Company Values, Amazon, Google, Microsoft and more. Retrieved from: https://www.linkedin.com/pulse/brilliant-examples-...Meyer, P. (2017). Google Stakeholders and Corporate Social Responsibility. Retrieved From: http://panmore.com/google-stakeholders-corporate-s...Tiny Pillars (2020). How Google Evolved Performance Management To Drive Top Performers Across Its Growing Workforce. Retrieved from: https://www.tinypulse.com/blog/how-google-evolved-...
Discussion 2-Review others’ posts and respond to at least one of your course colleagues in 150 words. Why do you agree or disagree with their post? What in your professional experience supports your assertions?Key Performance Indicators Creating a healthy and successful ecosystem requires engaged and proactive organizational leaders to constantly assess the organization’s status and ways to improve the company’s performance. According to Decreton et. al (2021), effective brokers in an organization set expectations, create the right architecture, develop a process, and implement a healthy culture in the organization (p. 103). Setting the right expectations to deliver organizational goals urges organizational leaders to develop key performance indicators as a guide to ensure the organization is meeting the goals in accordance with the company’s mission and vision. The key performance indicators vary in organizations and departments based on the required outputs. The departmental manager I recently worked for required the employees to create their own KPIs to gain the employees’ perspectives of the department’s requirements. The manager later amended the KPIs to align with the department’s goals and organization’s mission and vision. The manager, however, did not discuss the KPIs nor the expectations with employees which hinders the employees’ abilities to reach the department’s goals. The KPIs included performance goals, operations, sales, customer experience, and innovation metrics. Employees are then evaluated at the end of the year based on the KPIs in relation to the employee’s performance. The KPIs are essential for the employees, managers, organizational leaders, and customers. Customers Added Value Customers are part of the ecosystem providing organizations with added value to the entire ecosystem. According to Joo and Shin (2018), customer participation in organizations is imperative to provide organizational leaders with the customers’ perspectives and provides added knowledge to create new innovative ideas for the company. One of the banking organizations I used to work for in the US implements a semi-annual summit which includes customers, shareholders, the marketing and development departments, and the operational department to understand customers’ perspectives on the current trends and how can the organization add value to customers. The customers’ perspectives provide organizational leaders with various ways to enhance the current products and services to increase performance in the organization. References Decreton, B., Monteiro, F., Frangos, J.-M., & Friedman, L. (2021). Innovation outposts in entrepreneurial ecosystems: How to make them more successful. California Management Review, 63(3), 94–117. https://doi.org/10.1177/0008125621996494Joo, J., & Shin, M. M. (2018). Building sustainable business ecosystems through customer participation: A lesson from South Korean cases. Asia Pacific Management Review, 23(1), 1–11. https://doi.org/10.1016/j.apmrv.2017.01.001
