Be ready for the knock of opportunity
Household cleaner.
What does that have to do with partnerships?
You’d be surprised. The ecosystems-first approach to business touches every industry, and in this case, created a surprise winner when Covid-19 struck...
Partnering = preparation
A company rolled out its new sanitizing spray a year faster than the traditional approach. That meant when Covid created a spike in demand, it was ready.
How did they do that?
They knew their consumer, looked ahead, localized decisions, and most importantly, leveraged ecosystems.
Check out the full story in “Bottling Agility: Transformation through Ecosystems” over on the Accenture blog.
Here’s an excerpt:
“The technology behind the product wasn’t even created by the parent company, but by a third-party ecosystem partner. In fact, without the increased supply chain agility provided by this partnership, the company would never have been able to exploit the surge in demand driven by the pandemic.”
Stat of the Day
Over 74% of executives said that they needed to rethink their operating model in light of COVID-19 driven market disruption.
Source: Accenture
Sharing is caring
The more people, the stronger the ecosystem. Why not get into the collaboration mindset and share this PhD with someone you know wouldn’t want to miss it!
