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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.

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#2,051 – 2021 Breakthrough Nominee: vTubers

Greatest. Idea. Ever.

One of the ways that my life changed the most in 2020 was starting a new routine of watching YouTube before going to bed thanks to my discovery of ASMR videos that help me fall asleep. Before that I never really watched anything on YouTube, not crazy cat videos, Dude Perfect trick shots, unboxing videos, or gaming streams.

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Innovation Insights from Jeff Bezos and Amazon

Destination Innovation

Bezos diversified his product range first with CDs and videos followed by electronic goods, toys and clothes. Sales leapt from half a million dollars in 1995 to $17 billion in 2011. In 2014 Amazon entered the smartphone market with the release of the Fire Phone. Disrupt your own business before someone else does.

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Good Ideas Often go Nowhere: Here’s What You Can Do About It

The Inovo Group

At the beginning of 2021, Zoom Video Communications (Zoom) had a market capitalization of $116B. Zoom was the result of the inability of Cisco Systems (market cap $189B), to recognize a huge, new opportunity. In frustration, Yuan left Cisco to establish his own company, Zoom Video Communications. The idea was rejected.

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When innovation led to a reversal of fortunes

hackerearth

It was close to bankruptcy in the late 1990s with rivals BM, Dell and HP eating up the market. The company had a paltry 4 percent market share and losses of over $1 billion. Market expansion was what Apple needed, not a sizable chunk of the PC market. Video games became more popular. and Apple came back.

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The Founder, Innovation On Film

Gregg Fraley

The Founder , starring Michael Keaton as McDonald’s founder Ray Kroc , is the best film about innovation since Moneyball in 2011. The heartbreak, failures, disruption of relationships, the seemingly impossible odds — and the unethical behavior. Michael Keaton as Ray Kroc in The Founder. The Founder, Lessons in Innovation.

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Top 10 must-read books on Innovation

hackerearth

Running Lean: Iterate from Plan A to a Plan That Works by Ash Maurya LeanStack Founder and creator of the Lean Canvas, Ash Maurya, tells you how startups can find the product/market fit by following a systematic process based on innovative approaches based on innovative approaches such as Lean Startup and Bootstrapping.

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