Abstract
How can companies unleash hypergrowth and scale up their successful innovations? Open organizations build collaborative advantage by focusing on their core capabilities and leveraging their ecosystem to scale up faster in a way that limits complexity. This chapter explores the art of hyperscaling through strategic collaborations and networks, highlighting five key strategies:
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Leverage Your Ecosystem to Scale Up Faster: Discover how to tap into your ecosystem to accelerate growth and expand your reach. Learn the art of forming mutually beneficial partnerships that drive success.
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Leverage Collaborative Networks to Scale Organically: Explore the power of collaborative networks in growing your business organically. Uncover strategies to build and nurture valuable relationships within your industry.
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Scale Faster by Scaling Lean and Orchestrating External Partners: Dive into the concept of lean scaling and the role of external partners in your scaling journey. Learn how to optimize resources and leverage external expertise for rapid growth.
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Lead with a Focus on Collaboration to Energize Scaling: Effective leadership is at the core of successful collaborations. Understand how to lead with a collaborative mindset that empowers your team and fosters innovation.
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Employ Nudges to Help Your Scale-Up Team Resonate: Explore the use of nudges and behavioral psychology to create a culture of collaboration within your scale-up team. Discover techniques to align your team's goals and actions with your scaling objectives.
This chapter provides actionable insights and practical advice for entrepreneurs and business leaders seeking to achieve hyperscale growth by embracing collaboration as a strategic advantage. Whether you're a start-up looking to expand or an established company aiming to stay agile, these strategies will help you navigate the path to rapid and sustainable growth.
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© 2024 The Author(s), under exclusive license to Springer Nature Switzerland AG
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Bömelburg, R., Gassmann, O. (2024). Hyperscaling Through Collaborations. In: Collaborative Advantage. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-031-36306-1_5
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DOI: https://doi.org/10.1007/978-3-031-36306-1_5
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Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-031-36305-4
Online ISBN: 978-3-031-36306-1
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