The concept of industry ecosystems has emerged as a keystone for sustainable competitive advantage and innovation. Unlike traditional business models that emphasize individual corporate strategy and linear value chains, industry ecosystems represent a dynamic and interconnected web of relationships among a diverse array of stakeholders, including companies, customers, suppliers, competitors and regulatory bodies. In this article, Fatih Ogun, Head of Strategy at Akbank, explores the essence of industry ecosystems, underscoring their strategic importance, and delineating the principles guiding their effective construction and stewardship
Orchestrating success: The strategic imperative of building and managing industry ecosystems
Digital Reinvention community
With Qorus memberships, you gain access to exclusive innovation best practices and tailored matchmaking opportunities with executives who share your challenges.
Related news & insights
Shift to services exposes banks to lurking risk of revenue leakage
The complex legacy systems that support many of the banks’ new fee-based services frequently leak revenue. It’s a risk that...
How Allianz Turkey attracts and retains emerging tech talent
Boris Plantier from Qorus spoke with Burcu Önder, Talent Acquisition Manager, to learn how the company is addressing the challenges...
CIMB Singapore and Wing Bank partner to strengthen ASEAN financial ties
Singapore-Cambodia corridor gains momentum.
BUUT is ABN AMRO’s response to the digital habits of a new generation
While it offers standard banking services, BUUT aims to deliver them in a format aligned with the expectations and routines...
Aviva and FNZ launch data tool to streamline adviser experience
New analytics suite aims to simplify reporting and increase efficiency.
Financial Innovation Spotlight – May 2025 edition
From reversing payments with a tap to tailoring services for retirees, banks across Europe are rethinking what it means to...
UAE introduces first ‘finfluencer’ license to regulate digital financial advice
The license is aimed at anyone offering investment recommendations or financial insights related to regulated products or services within the...
BBVA app adds AI feature to hide data from prying eyes
If more than one face is identified, the app automatically hides sensitive details such as account balances and card information.