What’s With The Pond?

May 08, 2015 3 Min Read
ecosystem

The study of ecosystems, biodiversity, and interrelationships between flora and fauna has always been very fascinating, personally for me.
A common example when it comes to ecosystem study is the pond, thanks to its rich variety of organisms living and interacting within it.
Besides aquatic plants like algae, you also find snails, beetles, water bugs, spiders, frogs, fish and heron in and around this body of still water.

It’s a pond’s world

The pond is a little business world on its own, involving different stakeholders, i.e. the organisms living in it. For the pond to thrive as a healthy ecosystem, the environment needs to be conducive enough to support its biodiversity.

Each organism exists for a purpose, though it may well be to provide food for other organisms. For plants like the water lily, they provide refuge for the little fish beneath its leaves and roots. From a broad perspective, the stakeholders depend on each other for sustainability and survival. Some of them function as producers (the plants), others as primary consumers (herbivores), secondary consumers (carnivores), etc.

A balanced ecosystem

What happens in the natural also happens in a business environment. In today’s challenging corporate business variables, no company can survive in isolation.

The success or failure of an organisation depends on the network of collaborations and mutual symbiotic relationships with other stakeholders, including those of your competitors. In fierce unhealthy business competitions, if you get rid of the ‘plants’, the rest of the ‘consumers’ will eventually be wiped out too. And the ecosystem of the business becomes as good as dead.

Once, my colleagues were discussing an advertorial where an organisation only wanted to showcase photos of their successful projects.
We opined that photos of their direct stakeholders ought to be featured too because it is a simple principle of “no dedicated people, no successful projects”.

Concluding thoughts

As pointed out in Mapping Our Stakeholders’ Universe article by Joseph Tan, before you identify who your stakeholders are, you need to be clear of your organisation’s universe. Only then, are you able to take intentional steps to learn to acknowledge the efforts of these stakeholders.

For big companies who have already made it thus far, don’t rest on your laurels for too long. Instead, continue to be innovative and constantly adaptable to various business environments. Take heed the following wise words from Lost, a Coldplay's song:

“You might be a big fish; in a little pond; doesn’t mean you’ve won; ’cause along may come; a bigger one; and you’ll be lost.”

Share This

Personal

Alt
Lay Hsuan was part of the content curation team for Leaderonomics.com, playing the role of a content gatekeeper as well as ensuring the integrity of stories that came in. She was an occasional writer for the team and was previously the caretaker for Leaderonomics social media channels. She is still happiest when you leave comments on the website, or subscribe to Leader's Digest, or share Leaderonomics content on social media.
Alt

You May Also Like

The word FOCUS, alphabets FOCUS - written on wooden cubes

This Is How to Develop Focus: 20 Approaches

By Gregg Vanourek. Discover 20 actionable tips to boost productivity, enhance focus, and achieve success in your personal and professional life.

Apr 03, 2024 5 Min Read

Alt

Raise Your Game: Personal Branding

By learning how to create your brand, you will be able to leverage on your strengths to actively and confidently achieve the goals you set for yourself and take up opportunities presented to you. Prema Jayabalan explains a three-way method to help you get started.

Aug 03, 2015 23 Min Podcast

Siting

It’s Never Work If You Enjoy What You Do

Appearing on The Leaderonomics Show, Dr Hamzah talked about his journey; from studying at a liberal arts college in the United States to gaining his Ph.D. in the UK, to coming back to Malaysia in the 1980s and helping to shape the future of a young nation.

Jan 19, 2019 27 Min Video

Be a Leader's Digest Reader