Transformation of business ecosystems of the energy sector enterprises

Abstract

Transformation of business ecosystems of the energy sector enterprises is a strategic necessity for their sustainable competitiveness in the context of changes in the global energy landscape, which determines the relevance of the study. The purpose of the study was to substantiate the need to transform the business ecosystems of the energy sector enterprises. The following methods are applied: scientific abstraction – in substantiating the meaning of “business ecosystem” and its definition; inductive, deductive – in collecting, systematising, and developing a conceptual model of a business ecosystem; abstract and logical – for theoretical generalisations and forming conclusions; systemic – for detailed development of a strategy for business ecosystems of energy sector enterprises. A conceptual model of the business ecosystem is proposed, which includes the relationship and interdependence of large, niche and key players. A mechanism for implementing the business ecosystem strategy is proposed. It is established that the success of implementing a business ecosystem strategy depends on the ability to effectively coordinate interaction between different participants in this ecosystem, and on existing agreements concluded. A mechanism for implementing the business ecosystem strategy is proposed in the following sequence: modernisation of the management vector of the business ecosystem, a system of cooperation between enterprises of the energy and related industries, investment support for enterprises of the energy sector, transition to “green” energy, and development of a vertical and horizontal business ecosystem. The features of developing the business ecosystem in the energy sector enterprises are revealed: energy and digital transformation, resistance to change, energy services, partnership and cooperation, and improvement of energy efficiency. It is proved that the business ecosystem of energy sector enterprises is a complex and multifaceted category, which is developed under the influence of a set of advantages, the combination of which forms a more stable position in the market for the enterprise. The practical value lies in developing recommendations that determine the transformation of business ecosystems of the energy sector enterprises and consist in the modernisation of themanagement of the business ecosystem, the development of cooperation between energy and related industries, investment support for energy sector enterprises, and the need to switch to “green” energy, vertical and horizontal business ecosystem