Posts Tagged experience design
Introducing Ecosystem Thinking
Posted by cheuer in Adaptive Economy, CXDNow, Ecosystem Thinking, Future of Work, Insytes, Leadership, Social Business on June 23rd, 2017
It seems everywhere I go, everyone is talking about the importance, value and nature of the ecosystem. It’s especially poignant as I am once again in the middle of one of the most active technology ecosystems in the world, working as a mentor again this week in Google’s Launchpad Accelerator program. In fact, the broader purpose of the program is to cultivate a startup ecosystem globally that engages all key stakeholders in this important sector of the economy.
While I won’t be getting too deep into the Google Launchpad case study today, it is relevant as I sit here in the midst of it, how perfectly it epitomizes what I have been talking about for a very long time. In the room around me right now are many representative stakeholders of the startup ecosystem. Several early stage and growth stage startups, numerous mentors like myself donating there time to help others, Google employees who run the program, Google employees who are here to contribute their domain expertise, a couple of VC partners, several academics and several AI experts.
There are a few foundational aspects to Ecosystem Thinking in my view, but none more paramount then the concept of convening participants for cultivating mutual benefit. The fact that Google does this without any strings attached to the startups, mentors and others beyond that important lesson from philosophers Bill & Ted, “Be Excellent to Each Other”, is literally the icing on the cake.
It is a strategy that many traditional business leaders would consider folly. But this level of openness, of good will and positive intent is the magic that magnifies the value. No one needs to be here. Even the Googlers are here by choice. Everyone is getting what they need and contributing what they have. We are in it together.
This is another foundational tenet that will be harder for old school companies to support, despite its necessity. The program is designed for the interactions/relationships between participants to provide reciprocity for everyone. As Rachel Happe of Community Roundtable often reminds me, the most important ROI of a community is for people to feel as if they got more out then they put in.
Of course, this is what we learned from bringing Social Media Club to the world. It was also key to my work at Deloitte Digital in the development of the Engagement Curve. A realization that the proverbial lever for creating value and finding market success was the depth and breath of REAL Relationships the company formed with key stakeholders while serving the market. REAL being an acronym for Reciprocal Empathetic Authentic and Long lasting. This is indeed what I feel uniquely here as a part of this Google Launchpad ecosystem, and part of the inspiration for finally writing this today. That sense of belonging, the feeling of being in the right place, with the right people and being valued by the people here as much as I value them. My hope in writing this book on Ecosystem Thinking is to convince hundreds of world leaders from Global 2000 C-Suites to embrace this mindset, but I know that reading about it is no substitute for feeling what I am experiencing right now.
OK, so that is a practical introduction to what I mean by Ecosystem Thinking and some key aspects of it, but what is the key theory? what does it mean?
The Heart of Ecosystem Thinking
Ecosystem Thinking is based on the hypothesis that leaders who optimize their organization’s strategy and operations around the co-creation of shared value will be the biggest winners in their respective markets. This requires leaders to transcend their short term thinking for a more balanced approach to long and short term, with an expanded understanding of who the key stakeholders are. It’s no longer just the investors and shareholders, companies today need to serve the market, not just the stock market. So we accomplish our goals by thinking differently, a mix of systems design, design thinking and holistic strategy, supported by a natural sciences approach to growth and vitality.
Tactically speaking, we have a lot more to share on this, but first and foremost, the work supporting Ecosystem Thinking as I have come to regard it is based on applying experience design and journey mapping to all stakeholder relationships, not merely customers. This means employees, partners, local community leaders, families of employees, alumni and countless others. In our complex world, the only way to engender and earn the trust of so many people simultaneously is to do this intentionally, to come from a position of openness and empathy. A strong ecosystem won’t happen accidentally as it is not human nature to deal with the complexity that this entails.
You see, another foundational belief of ecosystem thinking is that everything matters. So in a world where we strive for simplicity, we often run from this level of complexity, but it is what is required to succesfully compete in today’s world. There are not many people who can contextualize such a wide set of data and disciplines thoroughly to strategically understand and lead an ecosystem, but this is indeed the sort of person that is needed in a role of Ecosystem Architect. I believe they share many character/personality traits in common with community managers, such as genuine concern and the sort of expert relationship management of connecting the right people, and proverbial dots. They also, like myself, typically will have an inter-disciplinary background and as a result, are likely to have a ‘non-traditional’ resume. But I am getting ahead of myself here, so lets wrap this up for now instead.
So What?
In today’s connected society, marked by a near real time market and increasingly higher customer expectations, getting things right is the price of admission in many markets. While we need to understand the sharing economy, the gig economy, the collaborative economy and the virtual economy and how all these evolving aspects of our broader socioeconomic framework impacts our organization, I believe it is the inter-connectedness of all people, information and resources that is truly paramount.
This is why I believe that Ecosystem Thinking will be essential for all organizations, or at least for those companies who are or aspire to be market leaders at scale. In order to enjoy the trust and support of a large market, adopting an ecosystem mindset, and cultivating as many REAL Relationships as possible is a necessity. This is across all aspects of the business – from talent recruitment, to supply chain management, to investments and of course to customer engagement.
To lead an organization that leads a given market is to lead an ecosystem. So studying how this is done well and constantly working to improve is the ultimate key to success. It is also, as we will discuss in the book and over the months ahead, how we reduce costs, increase quality and optimize profitability over the long term.
Are you ready to join this journey? Are you ready to lead an ecosystem?
BRACE Yourself.
HELP Others.
EACH Moment Matters.
This is the mantra of Ecosystem Architects and the change agents who will lead this emerging set of strategies and tactics. Are you ready? Let’s get to work.
Side Note: I’ve been working on this for so long but have been waiting to write and share this introduction till I managed to mold the thoughts into a more linear narrative. After receiving some great validation this week talking to other mentors here at the Google Launchpad AI/Machine Learning event in NYC, I realized I just need to write and refne it all later.
I’ve done a lot of work on this from my early startups to building the platform for the Palm Economy to building a global community of industry professionals. I’ve done a lot of thinking. I’ve spoken to hundreds of experts and practitioners. I was even reminded by my former counselor and mentor Matt Law that Deloitte has a partner focused on Ecosystems now – their report on Ecosystems is here. What’s written above isn’t the full story, it’s not complete, it’s not neat and it’s not ready for prime time. It is ready for constructive criticism, your insights, and your stories.
So this is the official beginning of the book which I’ve been developing across my whole life. To help more people see the world of business, and society more broadly, through the holistic lens with which I have been blessed/cursed. To share models, strategies and tactics that will provide valuable sense making. And ultimately, as the book is currently framed, to provide global business leaders with an understanding of the new mindsets, methods and measures required for optimizing business results in the modern economy.
Thank you for joining us on this journey.
Calling on Karma: Please Help Me Find a New Job
As I’ve long said, “Karma works, it just doesn’t pay on demand.” So while I am reluctant to make any demands, I am not averse to asking for you to help me find a great team, inside a great company doing epic work. A role where I can be who I am, contribute all I have and be a catalyst for exponential value creation.
So what do I want to do?
Given my inter-disciplinary background and cross-industry experience, trying to answer this question is the biggest reason I have waited until now to post this request for your help. After making the decision that I was unable to continue personally funding development on Will Someone and Alynd shortly after SxSW, I’ve been doing a lot of market research and soul searching. I’ve been reviewing where the market is headed and how that intersects with my skills, but I haven’t been able to nail it down to one particular job or even one industry. I’d even be open to moving, though that will involve a longer conversation given our strong ties here in Silicon Valley and love for my home of San Francisco.
At the moment, I’m most excited about augmented reality/vr and its potential impact on collaboration, as well as advancing how it is used in social interactions. It’s also why I am advising Spiritual VR (another combination of several of my interests and talents). But I’m equally excited about the advancements in cognitive computing, AI and more natural user interfaces. In fact, I have a few visions for products in my head that keep popping up, such as an Augmented Reality collaboration experience that integrates shared white boards, voice based AI assistance and dynamically generated action lists. (If you want to hear more, I’d be happy to share it).
What I know with certainty is that I want to join a strong team where I can hang my hat for a while instead of just passing through on assignment. I could be a team leader or a team player. I could join an existing team or help stand up a new one. I’d be open to a funded early startup, but most likely will end up at a more mature high growth organization, maybe running an innovation lab for someone in the valley? The right opportunity is most likely in the technology sector, is a strategic role and will leverage my public speaking/evangelism talents as I continue to endeavour to advance the field, help organizations transform and invent the future.
I would love to take on the role of Customer Experience Architect, which I spoke about extensively in my IBM sponsored BLAB series CXDNow this past fall and in this talk “Experience Design and Your Customer’s Journey“. There just aren’t that many job openings for such a position/role that I’ve seen. Experience Design is more common now thankfully, but I am looking at it in a much more strategic way – perhaps for a broader portfolio of products. In that I have managed several software products to launch as well as numerous digital marketing projects, it seems that product marketing may be the best focus for me but I am not limited to this direction by any means. If you know me, you know I can do pretty much anything.
Over the past 20 years I have developed quite a body of work around what I’ve called holistic business strategy. This truly defines my brand, but is not widely understood as it is more then a 30,000 foot view of the business, it is a 30,000 light year view of a company and its position in the broader market, and society, it serves. Within this space, I’ve developed personalized marketing frameworks, software and programs, particularly around engagement strategy. More recently, I’ve expanded on this with the recognition that it is a whole new school of thought I am developing – something which I now call “Ecosystem Thinking” and have previously discussed as a key aspect of “The Adaptive Economy“. It’s a combination of design thinking, systems thinking and platform strategy benefitting from network effects. This leads to some interesting senior level opportunities working with software platforms seeking to build a stronger developer and customer community.
Please Help Me Start Some Conversations
I am already talking to a few great companies about some interesting roles that fit my background very well. What I really need to do now though is start increasing the volume of conversations I am having about joining a new team. If you think you might know of the right opportunity for me (and for them), please do make the introduction. Whether it’s product marketing, social media, social business, augmented reality, innovation, developer programs or digital transformation, I’m likely interested.
In the mean time, I am still doing consulting through AdHocnium right now, if you do just need some short term assistance while I am in the midst of this search, and I still have room for one more startup to advise.
One more thing… (an acquihire?)
Part of the reason this has been so long in the making is that I know I was on the right path with Alynd and am now even learning to code so I can build one of the next components in my broader vision for the future of work. It’s hard for me to quit something so important, but financial reality is what it is. To this end, I’m also open to an acquihire with the right company so that I might contribute my time as well as all the intellectual property we’ve developed over the past three years. Given the current lack of interested in acquihire’s, this seems less likely, but I am putting it out there in case any of my Alynd/Will Someone competitors might be interested in making a compelling offer… I wrote about my perspective on this last week in my blog post “Microsoft + Linkedin: A Linkedin Killer’s View“.