Remove Competition Remove Disruption Remove Roadmap Remove Technology

How to be More Agile as Competitive Advantages Fade

New Market 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been telling us that the traditional strategy of finding and exploiting a sustainable competitive advantage is becoming outdated.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

12 Technology Categories That Will Transform Careers

Daniel Burrus

As technology continues to impact our lives, workers at every level in today’s ever-changing labor market need to be prepared with skills to adapt and succeed in the workplace. Over the past thirty years, I have developed a proven methodology to anticipate disruption and change before it happens, allowing you to find the confidence that certainty provides. The list highlights technologies that are now and will continue to transform present and future careers.

Reinvention: Accelerating Results in the Age of Disruption

Innovation in Practice

The opportunity to proactively leverage disruptive events in an effort to leapfrog the competition and actually accelerate results. How the same overall Reinvention solution can effectively apply at the individual, team, organization, and societal levels when disruption must be faced.

Is your company up for disruption? Possibly not

David Marks

Disruptive technologies and upstarts are wrecking havoc far and wide, they warned, and (unless you hire us) you will be the next to go. They now tweet, on mobile, collect big data and learn deeply (Current technology terms have an unwittingly infantile twang) Yet there is more to it.

You Are Being Digitally Disrupted – Do Something About It

The Inovo Group

This is the AI-assisted world that is the result of the internet-of-things, blockchain, advanced analytics, machine learning, natural language processing or other digital technologies being implemented today. Watch out for blockchain technology in this area.

Munich Re offers a real clarity to their innovating future

Paul Hobcraft

They are looking to enable technology and digital innovation to improving their 1) existing business models, looking to 2) disrupt existing business models and 3) establish new business models in selective insurance sectors, to continuously learn and adapt.

Why innovation portfolios matter

RTI Innovation Advisors

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. For example, are the ideas you want "incremental" signalling small change to existing products and services, "breakthrough" or "disruptive" to signal increasing difficulty and impact. Many companies use a "rule of thumb" to divide the portfolio into 70% incremental, 20% breakthrough and10% disruptive.

Digital transformation – the need to transform our innovation approaches

Paul Hobcraft

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. Digital disruption is the impact of digital technologies and business models on a company’s value proposition and market position.

3 Warning Signs Your IT Strategy is All Wrong

MSSBTI

You are not seeing your IT strategy as a competitive advantage. Your IT strategy is no longer just a tool for back office operations, it is a key enabler to your business growth strategy and core to creating your competitive advantage.

When Creative Destruction is the Right (or Wrong) Foundation for Innovation

New Market Advisors

New technologies and new business models are fundamentally redefining entire industries. And it’s the knowledge of when to focus on addition and when to focus on replacement that gives companies a competitive edge and a roadmap for growth.

Relating to the New Innovation Era

Paul Hobcraft

Innovation is advancing but most of it has been designed for a different time, the old era of stable markets, predictable solutions and having a clear sense of your competition. Aligning People, Technology, and Innovation in Design.

Agile 171

Digital transformation – the need to transform our innovation approaches

Paul Hobcraft

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. Digital disruption is the impact of digital technologies and business models on a company’s value proposition and market position.

The 2020 CIO: Predictions and Insights

Acuvate

Gartner’s latest survey reveals that 95% of CIOs expect their jobs to change or be remixed due to digitalization and technology influx. In times when technology has spread its roots and wings in every aspect of the business, CIOs are at the core of critical decision making.

7 Things Every CEO Should Know About Their Patents

Anaqua

Those that are creative in utilizing existing data, combining internal and external data analytics, and innovate in ways to improve aligning R&D and IP with business objectives, will find opportunities for competitive advantage. billion to patents and developed technology, $2.5

Digital Transformation: The Why, What & How For Transformational Leaders…

The Future Shapers

Furthermore, they understand that information technology is not the solution alone – instead, they think about the purpose, power and politics that go with the new technologies. The How, Part 1: Disrupt Or Die. Setting The Scene: The Digital Leader.

Agile 78

What do most innovative companies have in common?

hackerearth

The increasing competition for customers, market share, and talent in almost every industry demands an innovative approach to business. Not only is innovation necessary for enhancing competitive advantage, it is a requirement for businesses to thrive as well as survive.

LEAN 85

How companies are innovating in the energy sector

hackerearth

As technologies and consumer behaviors continue to evolve, new service opportunities and business models will also emerge. Global cooperation, sustainable economic growth, and technology innovation are needed to balance the energy trilemma.

The only two measures that matter

David Marks

The Disruptability Curve presented in my previous blog , is a modest addition to this collection. In this blog post I’ll explain how it can be applied to explaining the competitive position of companies. The Disruptability Curve has two axes.

B2B 60

On the Origin of Companies

David Marks

In this post I will explain how the disruptibility curve, described in my previous blog posts, could be used for the same purpose. The disruptibility curve maps a company on two axes: The Natural Monopoly and the Customer responsiveness.

5 Innovation Management Best Practices for a Productive Launch – Qmarkets’ Head of Customer Success Shares Her Insights

Qmarkets

I know there may be instances where you need to incorporate cutting-edge technology or form strategic partnerships. Using new technologies to power innovation is critical for securing a competitive edge. Innovation Exploration – Unlocking Potential in Uncharted Territory.

5 Innovation Management Best Practices for Amplifying ROI – Qmarkets’ Head of Customer Success Shares Her Insights

Qmarkets

I know there may be instances where you need to incorporate cutting-edge technology or form strategic partnerships. Using new technologies to power innovation is critical for securing a competitive edge.

How to setup an ‘innovation team’

hackerearth

The strategy and the roadmap towards the desired innovation-driven mode are critical. The team must be capable of capturing and interpreting market and competition insights, trends and predictions. Handle the noise, Avoid disruption.

Agile 80

Successfully shaping Digital Transformation

ITONICS

The way how new business models evolve depends to a large extent on how companies adapt their established value-added processes and structures to environmental changes and on how they face competition. The figure below highlights the benefits of network-effects for competitive advantage.

What do you need to innovate?

David Marks

They understand technology better. Technology leadership forges a competitive advantage. It realized that it could earn handsomely by turning its web hosting technology, which it developed for its own purposes, from a cost center into a cash cow.

Next-Generation Mobility Stratifies OEMs

Corporate Innovation

Later the same month GM’s management team held an investor day to present the roadmap of its autonomous vehicle program and detail the mobility services it intends to offer using such vehicles starting in 2019, building on its tests in San Francisco and Scottsdale, another suburb of Phoenix.

5 Things to Stop Doing to Enable Enterprise Innovation

Moves the Needle

Of course, speaking to customers about their problems without having any defined product or solution roadmap in mind may seem awkward and even scary to many corporate employees (especially engineers and product developers). *This post originally appeared on Mind the Product.

5 Things to stop doing to enable enterprise innovation

Moves the Needle

Of course, speaking to customers about their problems without having any defined product or solution roadmap in mind may seem awkward and even scary to many corporate employees (especially engineers and product developers). *This post originally appeared on Mind the Product.

Choosing the right innovation approach for your business

hackerearth

Creating new business models or value propositions, enhancing the efficiency of existing businesses, and sustaining growth in a complex competitive and fickle landscape—that’s innovation. Waiting for inspiration to strike is not a sustainable method of securing competitive advantage.”

What is innovation management and why your organization needs it

hackerearth

Innovation Management is about more than just planning new products, services, brand extensions, or technology inventions. Innovation management initiatives focus on disruptive or step changes that transform the business in some significant way. Understanding Innovation Management.

What is innovation management and why your organization needs it

hackerearth

Innovation Management is about more than just planning new products, services, brand extensions, or technology inventions. Innovation management initiatives focus on disruptive or step changes that transform the business in some significant way. Understanding Innovation Management.