2 months, 10 days ago

Designing Ecosystem Governance to Grow Value

Link: https://cisr.mit.edu/publication/2024_0201_EcosystemGovernance_BenedictSebastian

Abstract:

In recent MIT CISR research, organizations saw their most challenging strategic goals as being dependent on the actions of other organizations. Ecosystem governance, like good corporate governance, is a key to achieving these goals. Executives in our research described three governance approaches for digital ecosystems that varied along a spectrum, from centralized, which we have termed “Alpha;” to federated, or “Representative;” to decentralized, or “Liquid.” In this briefing, we introduce these approaches and discuss when ecosystems should adopt more decentralized governance approaches to grow value.

Publication date:

Publication type: Research Briefing

Publication authors:
Gayan Benedict
,
Ina M. Sebastian