Ecosystem Development Strategy Test - Hire candidates with knowledge of Ecosystem Development Strategy

What is Ecosystem Development Strategy?

It is the process of researching, identifying, and selecting the most promising strategic options in order to allocate resources across the organization to achieve objectives. It involves the ability to understand operating models, organizational strategies, options and analysis, relevant market channels, and the audience of third parties' value chain.

Why is Ecosystem Development Strategy important?

Ecosystem Development Strategy in business helps to leverage the network of organizations—including suppliers, distributors, customers, competitors through both competition and cooperation. This further helps in enhancing the organization’s customer base and service portfolio. Having good knowledge of the ecosystem helps in identifying the potential benefits and the risks involved in the plug and play business model. This also means that a candidate proficient in this competency would be able to evaluate the operating plans of third parties, thereby helping the organization by identifying the weaknesses that need to be worked on.

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What does the Ecosystem Development Strategy Test measure?

This test has been designed to assess the knowledge of candidates to apply concepts related to development strategies. It tests an individual’s ability to implement techniques and methodologies, and test the operating model of vendors from various industries. The candidates who do well in this test will have:

  • Knowledge of evaluation techniques for different products and services
  • Understanding of main metrics to be considered during due diligence
  • Ability to evaluate potential risks and benefits related to ecosystem development
  • Awareness of key subjects within a Value Chain
  • Understanding of estimation techniques for various products, services, solutions, and resources

Key profiles that the test can be useful for:

This test is suitable for evaluating a candidate's expertise in Ecosystem Development Strategy with 2+ years of relevant work experience. This test is useful for employees in profiles in various roles such as: 

  • Strategy Consultant
  • Development Strategist

Test Details:

Number of Sections 1                                                                                     
Number of Questions 23
Test Duration 30 minutes
Test Language English

Answer to common queries:

Can I get benchmark scores for the candidates who take this assessment for hiring decisions?

Yes, we can do so selectively. Please write to us for such a request and we would be glad to assist.

Can I get customized reports for the candidates who take this assessment, for example, to highlight the most important competency?

Yes, we can do so selectively. Please write to us for such a request and we would be glad to work out a solution for you.

How it works:

step 1

Add this test to your tests

step 2

Share test link from your tests

step 3

Candidate take the tests

step 4

You get their tests report

Note You will be charged only at step 3. i.e. only when candidate start the test.

Relevant for Industries

  • IT
  • ITeS
  • Banking & finance
  • Insurance
  • Retail
  • Manufacturing