Ecosystemic Futures
83. Anticipating the Curve: Strategic Ecosystem Navigation in Transitional Economies
Apr 9, 2025
Rita McGrath, a renowned professor at Columbia Business School and best-selling author, discusses the transformative shift in organizational value creation. She explains how intangible assets now dominate the market, making traditional hierarchies obsolete. The conversation dives into strategic inflection points that can reshape industries and highlights the rise of ecosystem constellations of small teams as the new units of value creation. McGrath also introduces the 'memories from the future' methodology, helping leaders spot early warning signals in this rapidly evolving economic landscape.
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Quick takeaways
- The transition from traditional hierarchies to ecosystem constellations emphasizes that 90% of company value now arises from intangible assets.
- Effective leadership during economic transitions is vital for fostering resilience, adaptability, and psychological safety within evolving organizational structures.
Deep dives
Transitioning to a New Economic Paradigm
The world is at an inflection point, transitioning from traditional mass-market capitalism to a more digital-oriented economy. Historically, innovations serve as catalysts for significant change, and current technological advancements, particularly in digitalization, are reshaping societal structures and consumption patterns. The era characterized by mass production and reliance on fossil fuels is waning, creating an urgent need for new energy solutions and more sustainable practices. As society shifts towards services and experiences over physical goods, businesses and individuals must adapt to new consumption models that prioritize sustainability and digital integration.
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