ecosystem-development

Vocabulary Word

Definition
'Ecosystem-development' is about creating a group or system of interconnected elements, which could be individuals, organizations, or things. It's like building a community where everyone depends on each other.
Examples in Different Contexts
In conservation biology, 'ecosystem development' is used to guide restoration efforts, aiming to rebuild or enhance ecosystems that have been degraded or destroyed. A conservation biologist might state, 'Ecosystem development projects are critical for restoring biodiversity and ecological balance in areas impacted by human activity.'
Practice Scenarios
Business

Scenario:

Our growth strategy needs to include more than just our company. We have to look at the larger picture and consider how we can collectively drive innovative outcomes.

Response:

I agree. Let's focus on ecosystem-development and identify potential partners to grow together.

Innovation

Scenario:

The exchange of ideas within our organization has lessened. It's important we revitalize our innovative ecosystem to stimulate creative thought.

Response:

Agreed. An ecosystem-development approach can drive more innovation by encouraging the sharing of ideas and solutions.

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