Workbook for Volume 1 – Part III – Section #2: The Business Ecosystem Template
For new readers: Please read the “Pinned Post” at the top of this Substack’s Home Page, and titled Why Use Public Peer-Review to Write a Book? - “See for Yourself”.
For returning readers and subscribers: This post introduces the Revised Version for Volume 1 – Part III – Section #2: The Business Ecosystem Template
Summary:
Section #2: The Business Ecosystem Template – This section introduces the Business Ecosystem Template (BET) as a “Process” based on energy and evolutionary flows to map the “Perceptions”, “Predictions”, “Decisions”, and “Motions” of managerial and entrepreneurial “Foils in the Flow”. Tim Garrett, Professor of Atmospheric Sciences at the University of Utah, and Chief Scientific Advisor for Particle Flux Analytics, Inc., demonstrated theoretically as well as observationally the existence of a fixed relationship between the cumulative world real economic production (W), and growth in global primary energy consumption (E). The value of wealth as a sum and energy consumption as a rate are tightly connected. This relationship is known as the “Garrett Relation”, and it has held for the past 50 years for which reliable data is available. These past 50 years represent two-thirds of the worlds’ historical growth in energy consumption. He observed that accumulated wealth requires energy for its maintenance, as well as extra energy for its growth through economic production. The current value of wealth, both physically and economically, derives from the accumulation of all the work done in the past. Further, maintaining the value of this wealth, and its continued growth require an increasing flow and consumption of energy. Systems can only grow in size and complexity as long as they continue to harvest energy faster than they consume, and lose it. Garrett’s work makes us see how business ecosystems, as well as participants in a business ecosystem line-up one after the other in a continuous flow of energy where the residual energy of the previous ecosystem, or participant becomes the high-potential reservoir of the next, until there is no possible system capable of harvesting the remaining energy. This means that individuals, as well as businesses lift-up, fly, or crash in the measure of changes in the flows of energy in their ecosystem.
Developing…
”CTRI by Francois Gadenne” writes a business book in three volumes, published serially on Substack for public peer-review. The book connects the dots of life-enhancing practices for the next generation, free of controlling algorithms, based on the lifetime experience of a retirement age entrepreneur, & continuously updated with insights from reading Wealth, Health, & Statistics research papers on behalf of large companies as the co-founder of CTRI.