One big open innovation square dance…

Innovation 360

In a market with perfect competition player gain the benefits of the innovations as following; if there is technological leap (so-called disruptive technologies), it can revitalize an entire industry such as the iPhone and Windows did, but if it is about improvements, such as streamline or added features, the innovation only provide short-term benefits as the competitors will respond with lower price, imitations or substitutes. Blog Uncategorized disruptive' Innovation 2.0

One big open innovation square dance…

Innovation 360

In a market with perfect competition player gain the benefits of the innovations as following; if there is technological leap (so-called disruptive technologies), it can revitalize an entire industry such as the iPhone and Windows did, but if it is about improvements, such as streamline or added features, the innovation only provide short-term benefits as the competitors will respond with lower price, imitations or substitutes.

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Artificial Intelligence: Disruption or Opportunity?

Daniel Burrus

IBM Watson first shot to fame back in 2011 by beating two of Jeopardy’s greatest champions on TV. The post Artificial Intelligence: Disruption or Opportunity? Artificial intelligence (AI), one of twenty core technologies I identified back in 1983 as the drivers of exponential economic value creation, has worked its way into our lives.

Identifying Opportunities for Disruptive Innovation

Strategos

We are drawn to stories of entrepreneurs who came up with brilliant ideas that disrupted the existing “rules of the game” by which industry players compete with one another. Disruption. A recent report by the Economist showed that 60% of company executives view disruption as a threat rather than an opportunity. This helps explain why most established firms react rather than drive disruptive innovation. Why do we fail to identify disruptive innovation?

Why We Are Entering A New Innovation Era.

Paul Hobcraft

Posted on September 21, 2011. Posted on August 26, 2011. Posted on July 27, 2011. Posted on July 22, 2011. Posted on July 12, 2011. Posted on July 5, 2011. Posted on April 13, 2011. Posted on February 13, 2011. Posted on February 12, 2011. Posted on February 7, 2011. The intervening years between the first “burst of 2011 / 12 and 2015 / 16. Credit: Acacia Communications.

5 Ways FinTech Will Disrupt Your Company

Planview

Now, it promises to bring further disruption and fundamentally alter the way businesses grow, manage their finances and most importantly, meet the needs of their customers. billion in 2011 to $20.3 trillion threat by 2019, FinTech’s ability to enhance cybersecurity, and enable customers to defend against the disruptive tactics used by cyber criminals, is game-changing. The post 5 Ways FinTech Will Disrupt Your Company appeared first on Spigit.

Generation (I)nnovation: Why Today's Teens Instinctively Understand Disruption

Mills-Scofield

I am honored to host Whitney Johnson's post as part of the launch of her new book, Disrupt Yourself: Putting the Power of Disruptive Innovation to Work. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~. As of 2011, only 26% of teens were employed.

Industry 4.0 – disruption or just a logic extension of WWW?

Innovation 360

The term first surfaced at the Hannover Messe Industrial Fair in 2011, with the theme Industry 4.0. The post Industry 4.0 – disruption or just a logic extension of WWW? Industry 4.0 is the name of the German government’s strategy for the fourth industrial revolution. The goal is the creation of smart factories, where all production is connected. The first three industrial revolutions were, in chronological order, the steam engine, electricity and electronics.

Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors

Steve Blank

In his Harvard Business Review article summing up his tenure, Immelt recalls that the two things that influenced him most were Marc Andreessen’s 2011 Wall Street Journal article “ Why Software Is Eating the World, ” and Eric Ries’s book The Lean Startup. It’s often a cattle prod to a stagnant company, or one ignoring disruption by new startups. This article first appeared on the Harvard Business Review blog. Jeff Immelt ran GE for 16 years.

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When Disruption Becomes Destructive: How Can Financial Services Companies Close the Innovation Gap?

Qmarkets

These banks recorded 58% growth between 2011 and 2016, a staggering number – that is until you review the performance of the industry’s newer entrants. We now live in an era where 53% of millennials don’t think their current bank offers anything special or different than other banks, according to the ground-breaking Millennial Disruption Index. Harnessing these people’s industry knowledge, experience and strengths can bring about substantial disruption.

Our inabilities to adapt needs changing.

Paul Hobcraft

According to a survey by McKinsey in 2011, 72% of our transformation programs fail to deliver on their original targets. Chromosomes articualting the business model Building the future business building the innovation business case Consulting engagement concerns Disruption of the Business Model disruptive forces for innovation Engagement and innovation innovation ecosystems innovation platform management New innovation consulting business models transformation and innovation

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Covering Innovation My Way

Paul Hobcraft

I often write and contribute to many other innovation businesses in different media channels specifically for innovation thought leadership where all my activity has been consistently voted in the top innovation knowledge providers since 2011, something I am incredibly proud to have achieved. I set out to engage 100% in innovation work, it has been quiet a journey of discovery and then translating the parts.

You need a red team, not a red pill

Jeffrey Phillips

Red teams and blue teams originate from the military, where one team takes on the role of an attacker or proposes a strategy and another team seeks to disrupt or destroy the strategy. In the Matrix, Morpheus offers Neo the choice of a blue pill or a red pill.

Innovation Insights from Jeff Bezos and Amazon

Destination Innovation

Sales leapt from half a million dollars in 1995 to $17 billion in 2011. Disrupt your own business before someone else does. Great Innovators Innovation Examples & Lessons amazon bezos books disrupt fire phone geoff bezos kindle second hand washington postAs a boy brought up in Florida, Jeff Bezos developed a keen interest in computers. He graduated from Princeton in 1986 with a degree in computer science and electrical engineering.

Using ‘innovation’ as a catch all word is dangerous

The Future Shapers

Already in 2011 Gorilla Glass was found in 200 million devices , roughly 20% of the handsets in the world at that time. The third type, disruptive innovation. They are called disruptive because they disrupt the current market behaviour. In a nutshell, disruptive innovation changes the basis of competition. Since breakthrough and disruptive innovation are so different from incremental innovation, they need to be measured differently.

Bitcoin’s Highs and Lows: Where to Next?

Daniel Burrus

Over time, this will increasingly disrupt traditional models and global currencies, playing a role in a number of future digital transformations. Litecoin, for example, was launched back in 2011 on the same blockchain as Bitcoin and was meant to improve it. And the enabling technology, blockchain, is being applied to a rapidly growing number of industries creating both disruption and new opportunities.

3 Ways To Become Aware of Your Thinking Blind Spots

Game-Changer

In 2011 Ali Pariser released a book called the Filter Bubble. Startups disrupt those industries by challe0nging and overcoming those assumptions, creating a new set of practices that disrupt the status quo. Do you like making bad decisions?

Me and AI!

TILE Magazine

Disruption is not a revered term and the fever to innovate without boundaries more the norm than the exception. My first book, ProVoke (2011) discusses the importance of disruption, as the most meaningful step towards mindful innovation, how cultures can make or break innovation. Startups: Start up investor, board member and advisor to startups in highly disruptive technology areas ranging from data, AI, media, publishing, mobile, e-commerce, fintech, and other.

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The 8 great talks from 8 years of Union

100%Open

We’ve known the self-styled gorilla geographer since he won the first ever GeoVation challenge in 2011, and since then he has gone on to found the amazing campaign to make London the world’s first national city park. The Union Network is almost 8 years old. Over that time, we’ve hosted over 30 events, 250+ amazing speakers, and attracted over 3000+ attendees.

Why Tesla Could Be the Next Apple – and Put a Hurt On Exxon

Adam Hartung

He should have used as his comparison Chipotle, which I predicted would be a huge winner in 2011. Current Affairs Disruptions In the Rapids Innovation Apple auto awards Blockbuster BMW CD charging stations consumer reports DVD DVR EV Exxon gasoline demand IEA ipad iphone ipod market shift mobile mobility Model S motorola netflix netherlands norway oil demand smartphone Sony streaming Tesla

Bigger Is Not Always Better – Why Amazon Is Worth More than Walmart

Adam Hartung

Since 2011, its revenues have grown unevenly, and on average less than 4%/year. Current Affairs In the Whirlpool Leadership amazon amazon.com brick-and-mortar carrefour costco disruptive home depot inflection point marginal economics marginal revenue market shift profit impact radio shack retail scale scale advantage scale disadvantage schwarz sears size target tesco tipping point traditional walmartThis week an important event happened on Wall Street.

The University of Central Asia: Educational Innovation in the Mountains of Rural Kyrgyzstan

New Markets Advisors

With the insights I’ve since gained at New Markets, I’d like to examine the University of Central Asia (UCA) through the lens of disruptive innovation and Jobs to Be Done, two concepts popularized by Clayton Christensen, the author of The Innovator’s Dilemma. The Need for University Innovation A central strand of Christensen’s 2011 book, The Innovative University, is that each university has a “DNA”, core institutional traits that define its identity.

How Technology is Empowering the Modern Property Manager

Business and Tech

At the time we were looking to raise capital (between 2011 and 2013), businesses with women on the executive team received only 7 percent of the venture funding. On another note, we saw a complete disruption to historical leasing patterns as the pandemic progressed.

Me and Element AI!

Linda Bernardi

My first book, ProVoke (2011) discusses the importance of disruption, as the first and most meaningful step towards mindful innovation, resulting in the global cultures of disruption and innovation. Every step I take needs to somehow disrupt , change/shake status quo in order to meaningfully innovate. Artificial Intelligence artificial intelligence Disruption disruptor element ai Innovation women in technology

Options-based Strategy: An Approach for Uncertain Times

The Inovo Group

By 2011, they had several established stores in the Washington DC area and were ready to expand. In 2011, customers were saying “Wow. Today always leads into tomorrow even if tomorrow includes the disruption of today’s business.

11 Paradoxes of Entrepreneurial Thinking: why entrepreneurship can hardly be taught

Open Innovation EU

Whereas Schumpeter describes an entrepreneur as disequilibrative – destroying the pre-existing stage of the equilibrium ((Kirzner, 1999) – Kirzner chooses to describe the role of the entrepreneur as more equilibrative – entrepreneurs systematically displace disruptive conditions in order to create stabilized market conditions (Kirzner, 1999). Klein & Bullock, 2006; Lewin, 2011; Von Mises, 1949). Koppl, 2008; Lewin, 2011). Lewin, 2011). 2011). 2011).

Spigit Webinar: Embedding Innovation into Company DNA, Featuring Cambia Health

Planview

But the team at Cambia Health Solutions isn’t convinced that’s the case, which is why they embarked on a collective mission to disrupt and transform the healthcare industry as a whole. Since adding Spigit to their arsenal in 2011, Cambia has played an integral role in expanding awareness surrounding patient preferences and end-of-life care, issued $1.8 It goes without saying that the healthcare industry has a thing or two to do with people.

The Life Sciences Industry: Decision Making from Batch to Continuum

IdeaScale

In the same survey they are reported to be more worried than CEOs of other sectors about disruption to their Industry. IBM estimated in 2011 that of the 161 billion GB data that the healthcare Industry needs to analyze to make decisions, about one fourths of the total cost of curation is attributable to human effort, workflow tools and metadata. Innoplexus started a journey in 2011 to use AI to completely automate this process.

Do Boards Care About Innovation?

The Future Shapers

The popular and business press is awash with stories of digital disruption, with an overall impression created that only the most innovative can survive. The algorithm was trained on data of directorships at publicly traded US companies between 2000 and 2011. Few believed their businesses were likely to be digitally disrupted, despite their self-confessed weakness in digital skills.

#2,051 – 2021 Breakthrough Nominee: vTubers

Greatest. Idea. Ever.

And just when I was learning the lay of the land a disruptive new trend comes along that could change everything: vTubers. vlogger Ami Yamato, who launched her YouTube channel in late 2011.

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Is Innovation in pharma broken?

The Future Shapers

Incremental improvements are essential, but if companies aren’t realistic about what constitutes a breakthrough innovation and what not, they run the risk of being disrupted. Pharma was rated among the least customer-friendly industry in a 2011 Harris poll, down 43% from a similar survey conducted in 1997. The case is not about Pharma companies being disrupted either.

Digital transformation – the need to transform our innovation approaches

Paul Hobcraft

McKinsey in 2011 identified that 72% of transformation programs fail to deliver on their targets so there is an awful lot of thinking, planning and working through any transformation to make sure you end up with the 28% of the success stories. I like this as a definition to tighten down digital but it opens us up to the darker side of digital transformation, the risk of digital disruption. We need to ask can this lead to disruption, ours and others for competitive advantage?

What is Lean Innovation? Components and Examples

Moves the Needle

The idea was conceived by Eric Ries and brought to life in his book The Lean Startup back in 2011. Others are being disrupted. This flexibility is typical within small company and software environments, but much more difficult to achieve at an enterprise level, which is much of the reason why many large corporations are slow to act in the face of disruption and cannot move as quickly when customer tastes shift.

Typology for Innovative Organizations

Open Innovation EU

New generations, societal change, sustainable goals and disruptive technology require organizations to be much more flexible, self-reinventing organisms that don’t fit above-mentioned design principles. This model is drawn upon a combination of Quinn & Cameron’s values framework (2011) and Nagji and Tuff’s innovation ambition framework (2012). 2015, Christensen, 2011, Birkinshaw & Gibson, 2004, Kelley, 2005). 2011). 2011).

Dance of the Corporate Innovators

The Inovo Group

In 2011, O’Reilly and Tushman [ 3 ] built on the Exploration-Exploitation concept to create what they called the Ambidextrous Organization. And are they sufficient to achieve strategic objectives (or, worse, to avoid disruption)? The ability to sense potential disruption and transformation, and do something about it, becomes a critical competency (indeed, this is one source of Type 3 and 4 opportunities).

Digital transformation – the need to transform our innovation approaches

Paul Hobcraft

McKinsey in 2011 identified that 72% of transformation programs fail to deliver on their targets so there is an awful lot of thinking, planning and working through any transformation to make sure you end up with the 28% of the success stories. I like this as a definition to tighten down digital but it opens us up to the darker side of digital transformation, the risk of digital disruption. We need to ask can this lead to disruption, ours and others for competitive advantage?

Spotting Innovation Opportunities

ITONICS

Disruptive technologies or innovations boost new business models that change the game of existing industries like the space industry (SpaceX), the music industry (Spotify), the film industry (Netflix) or the banking sector (FinTechs), just to name a few. In addition to transforming a whole industry, disruptive business models also push and promote paradigm changes. Is there a pattern for disruption & breakthroughs?

The Innovation Instinct: Inventions Inspired by Nature

Qmarkets

As we can see from these examples (and many more ), studying the solutions which have been developed by animals and plants can be an extremely effective catalyst for the development of disruptive innovations and inventions.

How Swiss Post’s Partnership with Qmarkets Achieved Award-Winning Results

Qmarkets

In 2011, Swiss Post implemented Qmarkets’ full configurable enterprise-grade Q-max innovation software to allow staff from different departments and locations to share new business ideas in an organized, structured environment. At the Chief Innovation Officer Summit in London, I presented our experience with Qmarkets in a session titled, “Chocolate, clocks and the postal service: Disrupting stereotypes.”

When Pundits Say That Robots Will Take Our Jobs, Remember These 4 Things

Innovation Excellence

Clearly, by automating the book buying process, Amazon disrupted superstore book retailers like Barnes & Noble and Borders. Borders filed for bankruptcy in 2011 and was liquidated later that same year.

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Warm and Fuzzy at the Front End of Innovation

Paul Hobcraft

I wrote about “ hearing all the voices of ideas at the front end and the “ two distinct parts of the innovation funnel ” building from my original post “ the new extended innovation funnel “, written in 2011. With all the multiple forces at work that seem to be challenging and transforming so much in this age of increasing disruption, we are requiring a bolder set of innovation solutions than ever before.

Great to Good Innovation

IdeaSpies

Books such as Consumptionomics (2011) by Chandran Nair and Abundance: The Future Is Better Than You Think (2012) by Peter H. The New S Curve: Organizations in various countries that I am working with are all buzzing about disruptive innovation – how to build the new growth cycle?

The Ultimate Corporate Co-Creation Tool: Venture Building

CREATORS

Since 2011, venture builders have contributed to creating around 15% companies around the world. Also, venture building is probably more suitable for creating ideas that are not unicorn-like, but rather easier to execute and build than disruptive, ground-breaking technologies.

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