We call this next-generation business model the Innovation Digital Ecosystem Alliance (IDEA8)

1. Create stakeholder alliances and build network capacity to unleash “Digital Darwinism”
Exchange supply-side for demand-driven economics, inviting colleagues and stakeholders to re-engage relationships and rewrite practices that once preserved the status quo to re-imagine value creation that makes a difference.

2. Leverage the incumbent advantage in data for evidence-based decision making and value creation
The scope and diversity of data matters because when connecting the operating context and stakeholder ecosystem, you create deeper context and insights for innovation, challenging leadership and creating value. That the organization will safeguard their data has become a compelling expectation and corporate differentiator.

3. Design and engineer business for continuous learning and innovation
Organizations are adopting new business models of enterprise latticework of core competencies empowering individual professional development and innovation portfolio investment for growth and talent development.

4. Redesign company workflows and leadership around innovation
Innovation and exponential technologies are re-imagining workflows by orchestrating interactions between ecosystems of smart software, services, and even smarter stakeholders.

5. Get agile, change fast, fail forward and build things
Enterprise agility is a foundation for corporate culture transformation, new ways of working for exponential growth and transformation inspiring and incentivizing individuals to the entire ecosystem.

6. Reinvent your workforce to ignite talent
As more organizations adopt innovation, leadership and stakeholder centered consulting as a trusted advisor at the core of operations, the need for new skills and continuous re-skilling is accelerating.

7. Win by earning trust and stakeholder confidence
Customers’ trust that an organization has earned the right to consult, challenge and offer recommendations in the best interest of the stakeholder.