Jeffrey Phillips

JUNE 17, 2019

Interesting and disruptive innovation More valuable and far more risky are different types of innovation, those that achieve true breakthroughs or disrupt existing markets or industries, or create something really new and different. That's why incremental innovation is so valued, and also why it is so dangerous. Which company are you?

Disruption 184

Disruption Innovation Industry Analysis 184

Daniel Burrus

JUNE 5, 2019

Now, not everyone has it in their homes because YouTube TV, Sling TV, and other new, emerging technologies have disrupted the broadcast industry. Why did they become the disrupted and not the disruptor? A key to success for a company that’s facing disruption–adopt a strategy of embrace and extend. It was definitely a Hard Trend.

Disruption 55

Disruption Trends Industry Technology 55

Mike Shipulski

AUGUST 21, 2019

I think the word “disruption” doesn’t help us do the right work. There are different flavors of innovation and the flavor that maps to disruption is the flavor that makes things obsolete. It’s difficult to define “disruption.” Disruption, as a word, is not actionable.

Disruption 45

Disruption Tips System Competition 45

Faisal Hoque

SEPTEMBER 7, 2020

Want to know what disruption looks like? One of the greatest challenges business leaders and, by extension, their enterprises face in today’s disruptive world is the ability to respond quickly to constant, unforeseen changes like this one. Drones and fishing had nothing to do with each other until someone decided they could.

Video 52

Video Disruption Agile Entrepreneurship 52

Faisal Hoque

SEPTEMBER 7, 2020

Want to know what disruption looks like? One of the greatest challenges business leaders and, by extension, their enterprises face in today’s disruptive world is the ability to respond quickly to constant, unforeseen changes like this one. Drones and fishing had nothing to do with each other until someone decided they could.

Video 52

Video Disruption Agile Entrepreneurship 52

Paul Hobcraft

FEBRUARY 3, 2021

The ‘ fit for purpose ‘ in strategic and innovation intent, definitions of success, the core values, sense of mission. In our view any initial innovation examination requires to explore four key ‘health’ indicators. What are the expectations and the environment you chose to compete in3.

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Innovation Analysis Guidelines Project 321

Qmarkets

APRIL 17, 2024

By definition, it refers to the introduction of groundbreaking products or services that fundamentally change market dynamics, often rendering existing solutions obsolete. This concept, often used interchangeably with radical and disruptive innovation, has nuances worth understanding.

Industry 40

Industry Marketing Software Review Technical Review 40

Leapfrogging

JUNE 21, 2021

Definition of the 70-20-10 Rule . The basic premise of the 70-20-10 Rule is that if the organizational stakeholders consistently makes small improvements to their existing line or enters into new markets, they will sustain the organization without ever evolving it to remain competitive with changing times.

How To 130

How To Resources Disruption Innovation 130

Paul Hobcraft

JANUARY 1, 2022

If you are not seeking out a different, more disruptive or new business design, then you are eventually serving your shareholders poorly. ” It is harder to revive or effectively compete in today’s highly competitive global world.

Design 319

Design Leadership Innovation Engagement 319

New Markets Advisors

MAY 29, 2019

For years, Columbia Business School professor Rita McGrath has been telling us that the traditional strategy of finding and exploiting a sustainable competitive advantage is becoming outdated. The world is evolving too quickly for competitive advantages to last for a meaningful amount of time. Or so the argument goes.

Agile 40

Agile Competition How To Strategy 40

Leapfrogging

APRIL 15, 2024

Nurturing Innovative Team Collaboration In the rapidly evolving business landscape, innovative team collaboration has become a cornerstone for companies seeking to remain competitive and adaptive. Increased Agility: Teams that collaborate well can adapt more quickly to changes in the business environment, maintaining a competitive edge.

Underperforming Technical Team 113

Underperforming Technical Team Collaboration Creativity Software Review 113

Idea to Value

NOVEMBER 12, 2020

When we think of a business having a competitive advantage, we still tend to think of traditional economic moats such as a low-cost structure, economies of scale, or perhaps a more intangible moat like a strong brand. Thus, for most businesses, the only truly lasting source of competitive advantage these days is the pace of innovation.

Competition 276

Competition Innovation Software Marketing 276

Jeffrey Phillips

AUGUST 26, 2021

I've been writing, speaking and consulting about innovation for over 15 years, and I'm constantly amazed by the different perspectives and definitions about innovation. This is because there is little management engagement or support, a lack of preparation and skills, and a narrow definition of discovery and risk.

Project 209

Project Underperforming Technical Team Innovation Training 209

Christensen Institute

APRIL 5, 2022

This book is based on Professor Christensen’s definition of Disruptive Innovation , or the process whereby a smaller company with lesser resources is able to successfully challenge established incumbent businesses. For example, Tolaram introduced instant noodles to the Nigerian market. Have you read The Innovator’s Solution ?

Marketing 96

Marketing Management Disruption Competition 96

Jeffrey Phillips

DECEMBER 16, 2016

After a decade of reading about it, getting pounded over the head with the Jobs/Apple story and watching new innovations disrupt entire industries, businesses are starting to react. The definitions I've just provided also align to what many of us know as the "three horizons" model - the idea that innovations can have different impacts.

Roadmap 130

Roadmap Underperforming Technical Team Disruption Innovation 130

Christensen Institute

MARCH 17, 2022

Disruptive Innovation Theory provides one lens to help us predict the answer, and Jobs to Be Done Theory provides another. Many new entrants in health care are not disruptive by this definition, but does that mean they won’t successfully out compete the incumbents? Which health care startups will succeed? Which ones will fail?

Change 99

Change Disruption Competition Resources 99

Jeffrey Phillips

FEBRUARY 12, 2018

The gap is real, and it means that many companies aren't as profitable or as competitive as they'd like to be. There is definitely a place for big data, analytics and machine learning, but I think more as a component of a viable front end process than a replacement. However, I'm not so sure about disruptive needs and opportunities.

Big Data 170

Big Data Data Artificial Inteligence Innovation 170

hackerearth

DECEMBER 28, 2017

This means that you can alter parts of the business model and make conscious changes to create a competitive advantage. This implies that business model innovation is no longer a strategy only to gain competitive advantage, but it is an imperative core capability to adapt to the rapidly changing world. Source: McKinsey. Internal focus.

Disruption 45

Disruption Industry Innovation Competition 45

Jeffrey Phillips

JUNE 30, 2015

Incremental or disruptive? On the other hand, very little innovation in corporate levels is focused on transformation or disruption. First, transformative or disruptive innovation is unpredictable. Third, disruptive innovation can be expensive, and time-consuming. Take innovation for example. Products or services?

Innovation 100

Innovation Disruption Competition Agile 100

Christensen Institute

JANUARY 18, 2024

Expecting early profitability also helps managers keep fixed costs low, and in both new-market and low-market disruptions, a business model that can make money at low costs is crucial to attract the best customers. By definition, disruptive markets are going to be small for a time. Fourth, executives temporarily tolerate losses.

Tips 52

Tips Disruption Strategy Strategy 52

Paul Hobcraft

FEBRUARY 2, 2022

It is about creating a competitive advantage in an increasingly commoditizing world. How the market landscape of competition is changing and understand where your competitive advantage has come from in the past and where it is likely to come from in the future. Then you have the External viewpoint.

Innovation 189

Innovation Competition Resources Analysis 189

Daniel Burrus

AUGUST 25, 2021

In a world where exponential change and digital disruptions abound, you simply cannot rest on your laurels and merely rely on what you’ve already built. Exponential change brought on by both digital disruptions and changes in the world around us make abundance a reality. From there, it’s just collecting money and living a good life.

Agile 88

Agile Change Disruption Trends 88

Idea to Value

MARCH 12, 2020

Downturns are prime territory for disruption. But, more importantly for us, economic downturns are always a great time for disruptive innovation. Disruptive innovation usually starts from the low-end of the of market , which means that these innovators are uniquely positioned for tough times. But who are these companies?

Innovation 148

Innovation Disruption Competition Course 148

hackerearth

DECEMBER 28, 2017

This means that you can alter parts of the business model and make conscious changes to create a competitive advantage. This implies that business model innovation is no longer a strategy only to gain competitive advantage, but it is an imperative core capability to adapt to the rapidly changing world. Source: McKinsey. Internal focus.

Disruption 40

Disruption Industry Innovation Competition 40

Christensen Institute

JULY 27, 2023

Customers for low-end disruptors First, if your business is a low end disruptor , then by definition you are targeting over-served customers with a lower-cost business model and a product that is just “good enough”. To summarize, the qualities of the ideal customer for disruptive markets can be generally summed up in 4 points.

Tips 52

Tips Disruption Marketing Examples 52

Jeffrey Phillips

SEPTEMBER 14, 2021

New ideas that are at first radical become profitable, then draw competition, and then become mainstream ideas. So the cycle must repeat if a company is going to stay ahead or even abreast of the competition. Here's where the issues start.

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Agile Innovation Marketing Culture 157

Cris Beswick

APRIL 16, 2024

And despite innovation supposedly being a mature topic inside organisations worldwide, the number one global blocker to innovation culture is the lack of consistent definitions of innovation inside organisations! By dedicating resources to these horizons, organisations can future-proof their businesses and stay ahead of industry disruptions.

Innovation 59

Innovation Culture Creativity Disruption 59

Leapfrogging

JUNE 29, 2019

The Agile Innovation Process is a methodology for continually improving and adapting to competitive and consumer conditions in the marketplace. The main purpose of the methodology is to create a product or service that disrupts the market and forces competitors to adapt or exit the space because of the level of disruption created.

Agile 100

Agile Software Developers Software Development Roadmap 100

Jeffrey Phillips

MAY 16, 2016

I think the main problem with innovation - real innovation, that is, the kind that creates disruptive new products or introduces new channels or business models - is that it requires change. Most organizations change in a reactive fashion, because they are forced to change because of external factors or competitive threats.

Change 133

Change Innovation Disruption Analysis 133

Jeffrey Phillips

APRIL 4, 2019

In no other business process would we approach a problem with such poor definition and preparation. The idea behind innovation is not that it is an occasional "shot", but a constant, sustained effort, composed of small, incremental changes and larger, transformative or disruptive activities. But NASA never envisioned only going once.

Innovation 141

Innovation Tools Training Culture 141

IM Insights

OCTOBER 12, 2023

The discussion then delves into different types of innovation, including incremental, sustaining, and disruptive, with real-world examples illustrating their significance. 07:11] Disruptive Innovation: Kumuda introduces disruptive innovation as a form of innovation that disrupts traditional business models.

Change 52

Change Management How To Disruption 52

Idea to Value

MARCH 25, 2019

Accelerator programs benefit corporations by providing them access to innovative and disruptive startups. This allows corporates to manage these disruptive forces rather than compete directly with them. Difference in approach to disruption. Corporate venture capital. Both have what the other needs.

Change 180

Change Underperforming Technical Team Technical Review Innovation 180

Innovation Excellence

MAY 13, 2020

An innovation is something that is new or old done in a new way that results in a significant multiple of user defined value, typically 10x, when compared to a competitive offering or the status quo. There are as many definitions and understandings of the above terms as there are clients, customers, and industry stakeholders.

Entrepreneurship 52

Entrepreneurship Disruption Conference Change 52

Jeffrey Phillips

NOVEMBER 11, 2021

After all, most (probably 90%) of all innovation projects undertaken in large corporations are reactive projects trying to respond to a market threat or competitive move. Demonstrate that innovation depends on finding the most innovative people, who by definition are rarely the more efficient people.

Innovation 157

Innovation Culture Training Project 157

Jeffrey Phillips

FEBRUARY 10, 2016

There's a real sense that we in the corporate world are standing on the brink of an amazing transition, moving from relatively older, static models of competition based on corporate size and mass, to new competitive realities dictated by speed, agility and innovation. Which disrupt or destroy the market (like iTunes)?

Underperforming Technical Team 100

Underperforming Technical Team Innovation Disruption Competition 100

Tim Kastelle

APRIL 30, 2016

Evaluating breakthrough innovation cultures and organization s, BCG concludes in their annual 2014 study: By definition, breakthrough innovation is the introduction of new ideas that drive a different way of doing things. Similarly, about 70 percent of disruptive innovators also lean toward a more centralized approach. Source: Detecon.

Disruption 100

Disruption Innovation Survey Study 100

PlanBox Innovation

MAY 10, 2022

Innovation by definition is very different from typical business processes, and it should be in a constant state of flux. Question 5: How can we make sure we get disruptive ideas? Do not use a stage-gate approach for disruptive innovation activities. This article originally appeared on Innovation Leader.

Innovation Management 78

Innovation Management Management Innovation Programs Innovation 78