Strategy in the Era of Business Eco-Systems

Over the past 250 years, the pace of change has increased at an increasingly rapid rate.  Few enterprises are able to offer lifetime employment anymore; not because they don’t want to, but because they usually don’t survive long enough.

Increasingly, business strategists are coming to realize that the key to competitive advantage is integrating conventional microeconomics with an understanding of business eco-systems and complexity theory.   Why?   Because, as the speed of change has increased, conventional ways of develop.....