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Will big data solve the innovation gap?

Jeffrey Phillips

The challenge with this thinking is that in many cases, humans create the rules by which the algorithms work, and if humans are often blinkered to new ideas or emerging technologies or unusual combinations, then the algorithms may be as well. However, I'm not so sure about disruptive needs and opportunities.

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Disruptive Innovation: Drones

Collective Innovation

The story of drones is much like the story of any other disruptive innovation. By the late ’90s the technology had advanced quite a bit to see the development of the Predator Drone which was able to fly extremely long distances remotely piloted via satellite link. GPS technology is used to direct drones to their destinations.

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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. It rose to a totally dominant position and was much admired as a technology and business leader. Kodak entered the digital camera market late but by 2001 they were number 2 in the USA behind Sony.

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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. Apple proved that business model innovation goes beyond innovation in mere product, service, or technology. It’s the age of disruption when business model innovations are putting established business models under attack. Source: McKinsey.

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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. If your career, business, and industry has already been digitally disrupted, plan on it being disrupted again. .

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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. Apple proved that business model innovation goes beyond innovation in mere product, service, or technology. It’s the age of disruption when business model innovations are putting established business models under attack. Source: McKinsey.

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Steps for Creating a Successful Innovation Program

Wellspring

Every organization and large company faces an existential threat from upstart competitors, changing consumer preferences, and emerging technologies. Since 2001, 52% of the Fortune 500 has disappeared. Disruption is no longer an 'if' but a 'when'.