Governance of Ecosystems
Shifting from industry- to ecosystem-based strategies is high on the agenda of many corporate boards; whether, as with many incumbents, to reposition themselves, or for upstarts to capitalize on change. As compelling as the strategic logic for ecosystems is, they are often complex and difficult to build and sustain. Lack of or inadequate governance is often cited as a major cause. This book presents ten perspectives on ecosystem governance, bringing together viewpoints from practitioners and academics. It offers practical insights, introduces new perspectives, and invites readers to reflect on their own approaches to ecosystem governance.
Board ViewsStriving for Excellence in Venture Governance
The contribution of the venture board to entrepreneurial value creation, and its pivotal role in venture ecosystems, is often overlooked despite a long history of venture governance. History teaches us six principles of excellence in venture governance.
Board ViewsThe Promise and Perils of Agile Governance
Agility as a leadership principle has gained enormous importance in recent years. Many companies proclaim agility as a new leadership culture that is better aligned to future opportunities and challenges. At the same time, companies must adhere to corporate governance principles, some of which conflict with agility principles. This article presents considerations for improving the compatibility of agile leadership principles with the principles of effective corporate governance.
Board ViewsFrom Corporate to Ecosystem Governance
Mastering ecosystems is increasingly seen as key to strategic value creation in highly dynamic environments. The role of governance has become a key differentiator between organizations that win or lose from the ecosystem game. This article discusses the importance of governance to the successful creation, development, and growth of ecosystems and presents eight challenges to be addressed along the ecosystem lifecycle. It continues with a taxonomy of ecosystem governance that provides a menu of effective governance mechanisms to address these challenges. The article concludes with advice on how best to manage the transition from a corporate governance to an ecosystem governance focus.
Board ViewsMission Accomplished? The State of Digital Governance
Five years ago, I invited a number of thought leaders to reflect with me on the role of the board of directors in the face of digitalization. The result was a collection of twelve perspectives on the governance of digitalization (Hilb 2017). Where are we now, five years, one pandemic, and perceived thousands of articles on digital governance later?
