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Business model innovation: a core capability for disrupting your industry

hackerearth

In 2001, Apple introduced an array of products and services beyond hardware and software. The company’s new offerings, such as the iPod, the iPhone, and the iTunes skyrocketed Apple’s growth all over again, taking it to the zenith of its industry. Finding the dominant business model in your industry. Source: McKinsey.

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How 3 companies used disruptive innovation to transform their industries

Idea Drop

Christensen, the term ‘ disruptive innovation ’ refers to a new entrant into a market who eventually disrupts and outperforms the established players. Here we look at three examples of disruptive innovation and how each company used it to transform their industries. Coined by Clayton M.

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Business model innovation: a core capability for disrupting your industry

hackerearth

In 2001, Apple introduced an array of products and services beyond hardware and software. The company’s new offerings, such as the iPod, the iPhone, and the iTunes skyrocketed Apple’s growth all over again, taking it to the zenith of its industry. Finding the dominant business model in your industry. Source: McKinsey.

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Disruptive Innovation: Drones

Collective Innovation

The story of drones is much like the story of any other disruptive innovation. These proved helpful in the Gulf War and by 2001 the technology had advanced to the point that the drones could be outfitted with Hellfire missiles. Drones do an awful lot for various industries, but there are some overriding concerns.

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Make Digital Disruption Your Biggest Competitive Advantage

Daniel Burrus

In 1983, I identified digital disruption as one of twenty technology-driven Hard Trends that would increasingly shape the future at an exponential rate, and at the same time drive economic value creation. Today, as more and more industries and businesses become disrupted, it is important to understand that digital disruption happens in waves.

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So What Exactly Should Kodak Have Done?

Destination Innovation

Business commentators and writers commonly quote Kodak as an example of a company that was destroyed by disruptive innovation. The usual message is that the big company was just too slow and complacent to react to the obvious tsunami that digital photography represented for the film industry. The facts are dramatic.

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The Rise of Product Management

Moves the Needle

By 2001, I was running Product Management at a different company. Agile and Human-Centered Design The Agile Manifesto of 2001 was a game-changer in product development. Rapid technological developments and increased digitization in virtually every industry are the primary reasons for the rise of product management.