Description
When the pandemic suddenly displaced hundreds of students from INSEAD campuses, the INSEAD VR Initiative went into immediate action. With courses shutting down at lightning speed, everyone wanted a VR headset. The Hardware solution was narrowed down to two competing VR brands, Oculus by Facebook, and Pico, manufactured by a small Chinese hardware company. But instead of a simple decision based on price points and logistical availabilities, it was clear that the choice would be between two entirely different ecosystems. To make the right decision fast a coherent business strategy had to be developed, integrating the chosen ecosystem into the existing operational structure. This case is based on a framework developed by Andrew Shipilov, a professor of strategy at INSEAD.
Type of experience
Interactive Documentary
Learning areas
Strategy
Entrepreneurship
Digital transformation
Innovation
Marketing
Unique features
Questions
90 min
5 min
Recommended learning time
Duration of VR
Learning objectives
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Illustrating the challenges facing ecosystem builders
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Understanding the five key roles of Corporate Ecosystems
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How to build the Right Ecosystem for Innovation
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Experience the advantages and capabilities of VR immersive learning
Creators
Andrew Shipilov, Brian Henry, Alon Epstein