Elwin Loomis

Competition vs Cooperation


I have been thinking a lot about

Competition vs Cooperation.

There is some evidence that says that
Cooperation, not struggle for survival, drives evolution.


Franklin D Roosevelt said:

Competition has been shown to be useful,
Up to a certain point and no further,
But
Cooperation
which is the thing we must strive for today,
begins where competition
leaves off


Open technologies support collaboration. The concept of mashing up both systems and business processes; lay the foundation for passive cooperation. Using the ecosystem of API based services, like AWS, creates a cooperative relationship between the partners.

Yes ,there may also be competition; this kind of relationship is termed ‘coopetition’.

Cooperation becomes an accelerant for
new businesses who want to scale,
and old businesses who want to work faster.

More than any other time in history, from a business POV, we have the technologies and processes to allow us (more than ever before) to mash up, create strategic alliances, partnerships, to actively leverage co-creation and cooperation.

This requires another way of thinking, focusing on your key differentiators, identifying, understanding your essential IP, while still being open, transparent and aware to create the space for cooperation.

Original Linkedin Post: https://bit.ly/2UCn3Y0
(worth clicking on the original linkedin Post, because the comments are amazing and often the conversation is better than the original post)