Abstract
Chapter 4 provides a set of key components and their underlying concepts needed to configure a value ecosystem that develops and delivers the high-value described in Chapter 3. As such, this chapter focuses on the second dimension (business objective priority on value ecosystem) of the business reinvention methodology. These components and concepts are about system thinking, value activities, value networks, value ecosystem configuration and sense-making, and evolutionary economics of ecosystems. This chapter lays the foundation for an ecosystem's value that would be further enhanced by its flexibility and empowerment as discussed in later chapters.