Creating and Capturing Value in Your Business Ecosystems: Michael G. Jacobides at TEDxThessaloniki

Companies struggle to maintain their position in a constantly changing business ecosystem. How is then possible to create and preserve their value? The answer for Michael G. Jacobides is not to resist change but, rather, to reshape their sector in the business ecosystem. Whether we speak of a company or an individual, the only way to cope with our complicated, dynamic and insecure world for Michael Jacobides is to focus on emerging needs, to strengthen our skills, to run quicker than competition, to look for alliances, to adapt. Survival in the business ecosystem requires becoming less replaceable and building differentiability.
Michael G. Jacobides is an academic and strategy consultant, who helps firms reshape their strategies and write new "playscripts". Michael teaches fellows at the World Economic Forum, works with the UK Parliament on the future of Financial Services and with the European Council on a task-force advising Van Rompuy on Innovation & Entrepreneurship. Moreover, he has spearheaded the Redesign Greece initiative, aiming to inform the debate on restructuring the Greek public administration. He holds the Sir Donald Gordon Chair of Entrepreneurship & Innovation at London Business School. Currently, he is a Visiting Research Professor at NYU -- Stern, while in the past he studied in Athens, Cambridge, Stanford and Wharton. A Vice President of the European Academy of Management, Michael has published in top worldwide academic journals and is a contributor in various prestigious newspapers and magazines.
In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)

[@gauravkumargandhi2712]

Awesome knowledge sharing - wine vs coffee. Hardware Vs software. And taking accountability for the 'whole' product even if the product is made using 'outsourced' components. Thanks

[@live2raid]

Thanks for sharing your knowledge learned a lot.

[@EspertoBusinessPlan]

Great speech!

[@ChelseaaaL]

Love this speech

[@dennyn.seiger6297]

Napoleon had a dislike for the English and went to war against the English (not the French, as Prof. Jacobides inadvertantly says at 3:00).

[@danielkrajnik3817]

this got me like what as well

[@dennyn.seiger6297]

"Car manufacturers are driving the differentiablity...they haven't even let Apple go in the car" (16:26) How times are changing ;-)

[@luismadrid]

me ha gustado mucho esta charla!

[@gennyrinconmartinez8635]

Por favor poner traductor en español

[@djsandy303]

17:25 WHATTTT? MEAT IN BURGERS???

[@annaedvardsen4317]

Napoleon Bonaparte was actually tall for his time. The thing about him being short was a joke from the brits and is not true. I thought a prof. should know that...

[@gg1275]

a greek public servant talking about business is like a north korean talking about democracy. it gets better, soon papandreou will talk about in ted-x in edinburgh about "lessons learnt from the greek crisis".

[@businessmarketiing]

that was funny

[@jzk2020]

ahahahhaha.... not really.

[@minimax9452]

but is funny enough?

[@midooley543]

Why does this guy include the initial of his middle name in his name? Pure ego. Also, check out his Wikipedia page. Clearly written by himself. Ah, the human ego is so funny.

[@wilsio]

Schizofrenic talk about the free market from a government paid consultant. Business and government are exact opposites. One creates value by voluntary cooperation, the other uses force to steal value.