Stop Itemizing Everything: Move Beyond Competition

Daniel Burrus

Human beings are competitive in all circumstances, and it has only intensified in today’s predominantly technologically advanced world. But what if you could move beyond the idea of competition and no longer needed to see the competition as “competition,” necessarily?

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. What digital disruptions do you see that will transform industries?

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What is Lean Innovation? Components and Examples

Moves the Needle

Others are being disrupted. Competition is now global. 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. And it’s a good thing, since their current business model is facing massive disruption.

Anticipation: Foresee Disruption and Find Opportunity

Daniel Burrus

Here are three examples of companies and industries leveraging the Law of Opposites. Another food example is the burgeoning desire for red meat in individuals attempting to go vegan for health or weight loss purposes.

3 Key Criteria of Disruptive Innovation

Game-Changer

Just a few hours before sitting down to write this post I was in a meeting were a group of people pitched themselves as disruptive, they aren’t, but people on the other end of the table soaked it all in. The truth is not all innovation is disruptive.

Debunking Disruptive Innovation – Why Disruptive Innovation is Not a Strategy

Leapfrogging

Disruptive innovation has become business’ biggest paradigm. While many companies scramble to create disruptive innovation strategies, the problem is that it isn’t a linear process or methodology. We asked him a simple question, “How do you do disruptive innovation?”.

Innovation Types that Will Surprise You (With Examples)

Ideanote

Disrupt this, disrupt that. You’ve heard of disruptive innovation because it’s the most discussed out of all innovation types. We’ll discover different innovation types and some examples. There are numerous examples of product innovation.

Why No-Code and Low-Code Software Is the Industry Disrupter You Should Pay Attention To

Leapfrogging

A massive transformation faces the software industry, similar to the disruption we’ve seen hit other industries like health care and manufacturing. Salesforce and Zoho are examples of low-code platforms. Pipedrive and Airtable are examples of no-code platforms. Zapier and GitHub are examples today. Now is the time to embrace software disruption. Disruptive innovation is only a threat when you’re in the game but sitting on the sidelines.

Competitive Advantage is Temporary — What Can You Do About It?

Business Innovation Design

The norm is disruption and dynamic competition. In this new business environment, there is a need to realize that having a competitive advantage is no longer just about the product you provide but about the experience as a whole. It’s a way to gain transient competitive advantage, but in this new dynamic environment, you’ll need to continually adapt to stay ahead. Competition is no longer isolated to separate industries and territories.

Leading In A World of Disruption

Daniel Burrus

But digital disruption from the outside-in has been coming at an ever-increasing speed, and it’s only getting faster. The pace of disruption forces agility, causing leaders to react, crisis manage, and put out fires on a daily basis. For many leaders, disruption is a familiar foe.

Titans of Transformation: 5 Outstanding Examples of Innovation in Business

Qmarkets

When it comes to disruption on the modern business landscape, company size is no safeguard. What’s more, it’s estimated that digital disruption will wipe out 40% 2 of today’s Fortune 500 companies in the coming decade. Harmonize incremental and disruptive innovation approaches.

Solar disruption

Innovation 360 Group

All of them believed to be solved by disruptive innovation. I have some examples of recent solar innovations in the last part of this blog post. Will the impact on global prices, production and markets be disruptive in the business or industry you are working in? New competition?

How to be More Agile as Competitive Advantages Fade

New Markets Advisors

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.

Agile 52

Getting to Yes Quickly: How Amazon Out-Innovates the Competition

Planview Spigit

How does tech titan Amazon out-innovate its competition time-after-time? In an article on Business Insider , CEO of Amazon Web Services – Amazon’s cloud computing business – Andy Jassy discussed what makes the massive billion dollar company different from the competition: “When our leaders walk into a meeting, they are looking for a way to say yes.” That’s a lot of innovation and disruption of an industry for one company.

Achieving Disruptive Innovation

The Human Factor

Disruptive innovation” seems to be one of the more popular buzzwords in today’s business lexicon. Apple offers a perfect example. Fast-forward to today, and several years have passed since Apple has come up with a truly disruptive product.

Digital Disruption: In search of market leadership

mjvinnovation

Digital Disruption has had a major effect on the agendas of CEOs around the world because of domestic digital generations and because of the GAFA (Google, Amazon, Facebook and Apple), companies that have revolutionized the entire market using 100% digital solutions. The Internet of Things , Blockchain, Data Science and Artificial Intelligence are just a few examples of innovations that have come off the drawing board and are already completely changing the way companies do business.

Lack of Innovation Will Kill Your Business (2 Examples to Prove It)

Ideanote

The answer is no secret: their lack of innovation enabled the competition to take the lead. Nonetheless, it had a massive disruptive potential. Imagine what would’ve happened if Kodak had partnered, for example, with startups that understood the new technology.

Embracing Disruptive Innovation: Why It’s Important for Your Business

IdeaScale

Disruption is good for business. “Disruption” is a popular buzzword, but if you stop and think about it, experiencing disruption is not something we, as people, enjoy. Disruption can happen with shocking speed. You might see a disruption coming before it hits.

Crowdsourcing with the Competition: Rewarding Venture or Precarious Proposition?

Qmarkets

Why your company needs to think about crowdsourcing with the competition…. Understandably, the increase in competition and market saturation is seen by those who experience it as a direct threat to their organizational legitimacy.

Getting to Yes Quickly: How Amazon Out-Innovates the Competition

Planview Spigit

How does tech titan Amazon out-innovate its competition time-after-time? In an article on Business Insider , CEO of Amazon Web Services – Amazon’s cloud computing business – Andy Jassy discussed what makes the massive billion dollar company different from the competition: “When our leaders walk into a meeting, they are looking for a way to say yes.” That’s a lot of innovation and disruption of an industry for one company.

Why Financial Organizations Must Fight Digital Disruption with Digital Disruption

Qmarkets

The term ‘Digital Disruption’ describes the situation where an existing industry is being altered by emerging digital technologies. To counter the threat of disruption, financial organizations must innovate in order to stay ahead of the competition.

The Packaging Industry is Massive, and It’s About to Be Disrupted

Leapfrogging

Disruptive technologies are transforming the packaging that comes with just about everything we buy. This article is one in a series I’m calling Everything Transformed that highlights the various technologies disrupting just about every industry on the planet – and today’s focus is packaging. If any industry must live and die by the mantra “disrupt or be disrupted,” it’s packaging. Drivers of Packaging Disruption.

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. This helps explain why most established firms react rather than drive disruptive innovation.

Titans of Transformation: 5 Outstanding Examples of Innovation in Business (ALL ELEMENTS)

Qmarkets

When it comes to disruption on the modern business landscape, company size is no safeguard. What’s more, it’s estimated that digital disruption will wipe out 40% 2 of today’s Fortune 500 companies in the coming decade. Add a competitive dimension to innovation. ?

Disruptive innovation: a risk worth taking?

Idea Drop

Type the word ‘disruptive’ into Google and suggested synonyms include ‘troublemaking’, ‘unruly’, ‘riotous’, ‘undisciplined’ and ‘turbulent’. Disruptive innovation is a divisive topic. Disruptive innovation gets a lot of bad press.

Crowdsourcing with the Competition: Rewarding Venture or Precarious Proposition?

Qmarkets

Why your company needs to think about crowdsourcing with the competition…. Understandably, the increase in competition and market saturation is seen by those who experience it as a direct threat to their organizational legitimacy.

All Disruption Is Innovative; Not All Innovation Is Disruptive

Innovation Archetecture

But what exactly are the startups disrupting? Disruption in this context—the context of innovation as a discipline—is a reference and a nod to Clayton Christensen who elaborated on the concept in his capstone, The Innovator’s Dilemma.

Future-Proofing Financial Market Innovation – Fighting Digital Disruption with Digital Disruption

Qmarkets

The term ‘Digital Disruption’ describes the situation where an existing industry is being altered by emerging digital technologies. Financial organizations of all shapes and sizes are being disrupted by small, agile, innovative and technology-oriented companies which offer convenient and efficient services. To counter the threat of disruption, financial organizations must innovate in order to stay ahead of the competition.

3 Ways to Stay Ahead of Disruptive Brands Screwing Up Your Customer Expectations

BrainZooming

The instructor pointed out a specific example of how this happens with customer expectations. While his point resonated, there weren’t many direct examples to prove out his perspective. You might even engage a firm specializing in competitive intelligence to do this.

How 3 companies used disruptive innovation to transform their industries

Idea Drop

Christensen, the term ‘ disruptive innovation ’ refers to a new entrant into a market who eventually disrupts and outperforms the established players. Here we look at three examples of disruptive innovation and how each company used it to transform their industries.

Why Financial Organizations Must Fight Digital Disruption with Digital Disruption

Qmarkets

The term ‘Digital Disruption’ describes the situation where an existing industry is being altered by emerging digital technologies. To counter the threat of disruption, financial organizations must innovate in order to stay ahead of the competition.

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. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~.

Platform Revolution: How Platforms Change Strategy with Geoffrey Parker

Game-Changer

They all disrupted their markets when they launched. He is the co-author of Platform Strategy , a book about the new competition and how digital platforms change competitive strategy.

The Corporate Dilemma: Incremental vs. Disruptive Innovation

Qmarkets

Is this model of disruptive innovation an innovation model which more companies should be striving to adopt? Innovation specialists generally divide innovation scope into two broad categories: Incremental and Disruptive. Take Kodak, for example.

7 lessons to disrupt like a startup!

Innovation 360 Group

Some new players appeared and manage to create value and growth through innovation: Born Global Tech Driven Startups operate and disrupt in a way we have never seen before. DISRUPT (BUT DO IT OFF THE CORE!). The post 7 lessons to disrupt like a startup!

The Corporate Dilemma: Incremental vs. Disruptive Innovation

Qmarkets

Is this model of disruptive innovation an innovation model which more companies should be striving to adopt? Innovation specialists generally divide innovation scope into two broad categories: Incremental and Disruptive. Take Kodak, for example.

Major Election Year Opportunity

Daniel Burrus

For example, 2020 is an election year in the U.S., This strategy of playing it safe couldn’t be any more wrong; you should not “wait and see” what 2020 has to offer because technology-driven exponential change and digital disruption will not stop! Disruption Doesn’t “Wait and See”.

Digital Disruption and How Businesses Can Best Leverage It

Qmarkets

At some point, digital disruption comes for every organization. While some companies might be flexible and lucky enough to ride a wave of disruption and survive , if you are able to predict and prepare for it accordingly you might be able to use it to thrive.

Disruptive Innovations Highlight a Specific Dilemma for Legacy Financial Institutions

Qmarkets

It must listen to its customers, direct its investments to the highest-return opportunities, improve the quality of its products, manage its relationships with suppliers, correctly assess and cope with competitive threats, all amongst many other time and resource consuming activities.

Why radical and disruptive innovation might not always be the answer

Ideanote

Isn’t there a risk of next radical or disruptive innovation blindsiding the company, potentially bankrupting the organization ? . Even disruption does not occur overnight. As a result, they have begun to disrupt the entire film industry.

Business model innovation: a core capability for disrupting your industry

hackerearth

This means that you can alter parts of the business model and make conscious changes to create a competitive advantage. How innovations in the business model create competitive advantage. How the changes to the business model contribute to creating competitive advantage are manifold.

5 Innovation Trends of 2018 that will Disrupt the Corporate Landscape in 2019

Qmarkets

Companies across multiple sectors have launched collaborative efforts to gather disruptive new ideas, harness new technologies, and achieve greater sustainability. The above is an example of a journey map structure from boagworks. 2018 has very much been a year of “epic partnerships”.

When tough times are ahead, you should double down on innovation

Idea to Value

Downturns are prime territory for disruption. But, more importantly for us, economic downturns are always a great time for disruptive innovation. For example, during the 2008-09 financial crisis, most companies cut their technology budgets by 20-30%.