Arjen van Berkum | Technology & Contract Management Evangelist

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The Difference Between A Biological Ecosystem And A Business Ecosystem

Photo by Rodrigo Flores on Unsplash

I use the word ecosystem a lot. This term from biology is not the same in business. In this post I eleborate on the difference between a business ecosystem and a biological ecosystem.

A biological ecosystem refers to the complex network of living organisms, including plants, animals, and microorganisms, that interact with one another and with their physical environment. In contrast, a business ecosystem refers to the network of organizations, individuals, and other stakeholders that interact with one another in an economic ecosystem.

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The Role of Chief Ecosystem Officer, a Different Kind of CEO


Photo by eniko kis on Unsplash

If I was working today in a large corporation I would not call myself wizard but probably CEO. Not because I have that power level dream (once I did but entrepreneurial life is way more fun) but because the title can be another acronym….

So let’s talk about the Chief Ecosystem Officer.

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Industry 5.0: What You Need To Be Aware Of

The change ahead is awesome. Are you ready for it?

As we move towards Industry 5.0, it’s becoming increasingly clear that there needs to be a different and more holistic approach to contract management. The traditional approach – focusing largely on reducing costs and mitigating risks – is no longer adequate in a business landscape that’s becoming more complex, interconnected, and reliant on innovation.

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Business Ecosystems: Understanding The Interdependence

In our globalized and hyperconnected economy, the success and resilience of one organization are intertwined with those of many others. The interconnectedness of modern organizations has created a business ecosystem where the relationships between entities have become crucial determinants of their individual success.

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Contract management as a vital instrument to achieve sustainability objectives required by IPCC report

For centuries, humans have been putting our earth to the test. Since the industrial revolution we are depleting the natural resources in a drive for continuous innovation and growth. We are producing and consuming more and more goods and services to accommodate an almost eight times increase in population. We also travel a lot more than we used to with vehicles that create far more pollution, including CO2, than before. In general we have paid little attention to the effects of these economic activities on the environment, only taking action when pollution is directly affecting our lives. This has become a major issue with global warming. Despite warnings as early as 1912 about the effects of releasing large amounts of  CO2 in the atmosphere, we have been doing too little for too long, even though effects have already being visible the last couple of decades.

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