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Surrounded: When disruption hits on all sides (Part 1)

Christensen Institute

I started to follow these new market entrants closely back in 2013 as their competitive moves had implications for incumbent health care providers. In The Innovator’s Solution Clayton Christensen stated, “Competitiveness is far more about doing what customers value than doing what you think you’re good at.

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Avoid the Iridium Moment

Destination Innovation

Another example given by Ismail is Nokia’s purchase of Navteq for a staggering $8B in 2007. This would give it a strong competitive weapon against Apple and Google. in 2013 it had 50 million users – far more ‘traffic sensors’ than Nokia could match. Navteq was the dominant player in in-road traffic sensing equipment.

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Business Model Evolution Using the Portfolio Map

Strategyzer Innovation

Mature Business: Well-established, with a loyal customer base, a competitive field and stable growth. One interesting example of this business model journey is Hilti - a manufacturer that builds and sells machine tools for builders.

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Open Innovation Success Stories in the Car Industry

IdeaConnection

In 2017, Porsche launched an open innovation competition to find new ways to leverage blockchain technology, the technology that powers the crypto currency bitcoin. In 2013, the motor giant Citroen built the UK’s first crowdsourced car.

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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

At the beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. Another example is the recently introduced strategy framework by Martin Reeves, Knut Haanæs, and Janmejaya Sinha from BCG. Uber is a current prime example: they are attempting to expand into healthcare and travel.

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Programmatic buying: The high-tech, data-driven way to manage ad buys in real time — and drive business results

Brunner

Now, in a new age of high-tech, data-driven advertising, programmatic buying has emerged as the most strategic and effective solution for savvy marketers to beat the competition and drive business results. We’re agile and we’re moving forward — and we’re trying to move this industry forward.”

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Microsoft buys LinkedIn – Smart move or Dumb move?

Destination Innovation

The most notorious example was the purchase of Time Warner by AOL in 2001 for a massive $164B. In 2013 their then CEO Steve Ballmer spent $7B acquiring Nokia’s mobile phone business when it was clear that Apple and Android were killing all other competition in the sector. The two companies demerged in 2009.