Business Ecosystem as a Stage of the Life Cycle of an Organization and as an Element of Intellectual Management

Abstract

The work aims are to study the concept of a business ecosystem as a new stage in the life cycle of an organization. At the same time, there is an attempt to establish the process of forming a business ecosystem as an element that is part of the “intellectual management” of managing an organization. One of the main thoughts is that all used classifications of life cycles, namely the models of L. Danko, R. Daft, I. Adisis, and L. Greiner, have similar stages. Based on the analysis of the history of Yandex, it was found that the formation of its own business ecosystem allows avoiding falling into the “extinction” stage, since the entire formation process is accompanied by the constant activity of the organization in different directions. The importance of digitalization of business before the transition to the formation of its business ecosystem, and the need for at least one completed cycle, or its main part, with the consolidation of the company’s key product in the market, was emphasized. The material mainly uses the historical and abstract-logical research method with methods of analysis and synthesis.

Keywords

• business ecosystem
• life cycle of an organization
• digitalization
• intelligent management