Business30 Aug 2005 11:00 am
Initialising the team of teams
There was an interesting question from one of my fellow-bloggers to my post on team of teams.
His question was, “What is an ecosystem?”. Interesting because of the context in which the word was being used.
ecosystem n : a system formed by the interaction of a community of organisms with their physical environment
(Source: www.dictionary.com )
This is in the biological sense of the word. Nowadays it’s being increasingly used in the business context too.
In the business context, ecosystem means a group of companies who are facing the market with a single combined front.