Blockchain: A Real-World Example of the Power of Innovation

IdeaScale

Some examples of innovation change the world or create industries that never existed before. The first white paper about blockchain technology was released in 2008. Work Processes and Blockchain: Examples of Innovation. Here are just a few specific examples of how it may happen.

Beyond Bitcoin: The Future of Blockchain Technology

Daniel Burrus

At the same time, as Bitcoins struggled to gain widespread use, blockchains—the technology Bitcoin transactions are handled with—were growing. The rapidly evolving technology of blockchains holds enormous promise for game-changing disruption across any number of industries and fields.

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What is Lean Innovation? Components and Examples

Moves the Needle

When designing something, (ie: a technology, a product, a marketing material…) it is paramount to keep the needs of the end user in mind. Others are being disrupted. The agile manifesto, which was introduced in 2001, prioritizes short product development “sprints” in order to incorporate new information which might come from a variety of places such as new technology, customer input, insights, or development issues.

The Risks of Sticking with Legacy Technology

Daniel Burrus

Legacy technology is like that old pair of jeans you wore as a teenager. Move that anecdote onto a larger stage and you have a fairly accurate picture of why many organizations hold on to legacy technology—tools that are long outdated: comfort. Legacy Technology Defined.

Artificial Intelligence: Disruption or Opportunity?

Daniel Burrus

Artificial intelligence (AI), one of twenty core technologies I identified back in 1983 as the drivers of exponential economic value creation, has worked its way into our lives. IBM’s Watson is a good example of a fast-developing AI system. This cognitive AI technology can process information much more like a smart human than a smart computer. The accounting industry can benefit from this technology, as well. The post Artificial Intelligence: Disruption or Opportunity?

3 Reasons Companies Welcome Disruption

Daniel Burrus

A central component of the Anticipatory Organization model is disruption—more specifically, how Anticipatory Organizations and individuals can look at disruption and see enormous opportunity. Industries That Need Disruption. Go ahead and pick your opportunity for disruption.

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.

Streamlining Success – How Continuous and Disruptive Innovation Examples Can Inform Business Transformation

Qmarkets

But do these disruptive innovation examples reflect the strategy that all companies should adopt? Continuous vs disruptive innovation examples - what both approaches can teach us. Such disruptions are often pivots (reactions to changing market conditions).

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?”.

Positive Disruption using Hard Trends and Soft Trends

Daniel Burrus

For example, let’s say you want to start a smart watch company. Next, let’s look at an example of a technological Hard Trend using speed and bandwidth to grow sales. With these simple steps, Domino’s has gone from being just a food company to a technology company.

An Anticipatory Leader™ Turns Disruption and Change into Opportunity and Advantage

Daniel Burrus

An Anticipatory Leader understands that technology-driven change is accelerating at an exponential rate. Reacting to problems and digital disruptions, no matter how agile you and your organization are, is no longer good enough.

Technology Is Disrupting Crime – Are You Ready?

Daniel Burrus

However, maybe these crime reports are a little misleading in this digital age where theft for example, is often more likely to occur online than affect you in a more physical sense. We often talk about how technology is disrupting almost every industry that we can think of but authorities often conveniently neglect to include the crime figures that show how even the criminal underworld is being transformed by technology too.

Will Blockchain Disrupt the Healthcare Industry?

IdeaScale

Medical technology is advancing quickly, and yet, where blockchain fits is an open question. Doctors have been sounding the alarm about this problem for years, but solutions have been few and far between, and the medical community has been slow to adopt modern technology.

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.

Auto Insurance Industry: Disruptor or Disrupted?

Daniel Burrus

Disruptive innovator Elon Musk and Tesla have been in the limelight for good and bad reasons in this space. Dan Peate identified this Hard Trend and became more anticipatory in his thinking, moving to start a wave of disruption from within the insurance industry.

Market Disruption vs. Business Disruption: The Inertial Disruption Factor

Legacy Innovation Group

Market Disruption vs. Business Disruption: The Inertial Disruption Factor. Rock the market with a major disruption, and there will be a rocking effect back on the business and its supporting ecosystem. In this case the inertial disruption factor is very small.

The Disrupted or the Disruptor: Pick One

Daniel Burrus

What comes to mind when you hear the term “disrupt”? Or do you see it from the other side of the coin—when you’re the one causing the disruption and, as a result, leveraging the opportunity that results? Disruption Defined. Everyone knows what disruption means.

Disruptive Is Not a Dirty Word

IdeaScale

Disruptive isn’t a dirty word, but it can be a scary one. Why does the word “disruptive” raise such fear among so many people? Uttering “disruptive” during a meeting can get you looks more along the lines of profanity. If only disruption were this simple!

What is Disruptive Innovation

mjvinnovation

Disruptive Innovation is the phenomenon by which an innovation transforms an existing market or sector by introducing simplicity, convenience and accessibility where complication and high cost are the status quo. In this context, a disruptive innovation happens.

Leading In A World of Disruption

Daniel Burrus

In today’s world of technology-driven transformation, leaders need to embrace a new leadership principle if they want their organization to be relevant today and in the future. But digital disruption from the outside-in has been coming at an ever-increasing speed, and it’s only getting faster.

Insurtech: what it is, examples and how to seize opportunities

mjvinnovation

The term Insurtech comes from the combination of Insurance and Technology. We can say that Insurtech is a subset of Fintech: technology is behind the creation, distribution and administration of the insurance business.

“Decouple” the Value Chain to Drive Digital Disruption

Leapfrogging

Digital disruption isn’t just about the internet or mobile technology. I recently had a chance to connect with Harvard Business School professor, Thales Teixeira, whose most recent book, Unlocking the Customer Value Chain , highlights the dynamics of “decoupling” and why it will drive even more disruption than we’ve seen in the world. Teixeira says the seeds of digital disruption originally started with unbundling as the internet became widely accessible.

How Does Technology Influence Innovation?

IdeaScale

In a recent round of research, I was reviewing adoption rates for new technologies. In this way, innovation in the technology sector is more volatile, powerful, and drives almost every other sector as it moves to keep pace with our own demands.

Either You Drive Disruption Or You’re Outpaced By It

Game-Changer

Every single industry, domain and business is being disrupted by emerging technologies such as artificial intelligence, big data, virtual reality, augmented reality, blockchain, internet of things, drones and 3D printing. Technology is shaping everything that happens around us.

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.

Technology Adoption Cycle

Collective Innovation

The Technology Adoption Cycle is based on the diffusion process which was originally developed for agricultural means but adapted and found to work just as well to identify how a new technology crosses the chasm from being unknown to being widely adopted. It was found that individuals could be put into groups as to when they might adopt a new process or technology and the results were published in the Book of Diffusions by Everett Rogers.

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.

Intensity of Use of Technology, Not Just Access, Is What Creates Economic Opportunity

Game-Changer

As we enter 2018, it’s worth reminding ourselves that digital disruption is real. The Next Economy will be driven by these emerging technologies : artificial intelligence, virtual reality, augmented reality, drones, big data, internet of things, 3D printing, genetics and blockchain.

Why People Resist New Technologies

Game-Changer

But, Innovation itself is not the problem, it’s how society is structured and how it responds to technological shifts. Calestous Juma, explores why people resist new technologies in his new book Innovation and Its Enemies: Why People Resist New Technologies.

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. The main problem for a continent like Africa is actually not any longer the technology – but the security issue.

Successful office investments in disruptive times

Norbert Bol

Last week I gave a short presentation at the VIP Europe Conference of IREI in Amsterdam about the impact of innovation, technology and sustainability on office investments in the Netherlands. My key message is: Technology and sustainability have a positive impact on institutional office investments. Currently the pace of technology development and innovation is occurring at an exponential rate. Asset perspective: invasion of technology has a positive impact.

Why we should expect more disruptive innovations

Jeffrey Phillips

I've used the example of Tower Records before - a behemoth astride the recording industry - brought low very quickly by a sudden shift in music distribution. Similarly, Blockbuster experienced almost the exact same disruption. What these two examples have in common is a rapid, sudden change brought about by innovation. Drivers of Disruptive Innovation What are the emerging drivers of more and more disruptive innovation?

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. The technology built into these devices wasn’t all that new, but Apple put them together in a way that allowed people to do things they couldn’t do before.

The Day after Disruption

Qmarkets

Sometimes it seems like organizations, even large enterprises, live and die by their ability to create disruptive innovations that completely redraw the market landscape, putting them at the forefront. Disruptive vs. continuous innovation.

Consumers Driving Technological Change in the Financial Industry

Daniel Burrus

The financial services industry has been notoriously slow to adapt to the evolving technology landscape and its customers’ digital demands. In yet another twist to a modern tale, it was recently revealed that it was consumers who were leading yet another round of disruption in the banking and insurance sectors. A report by Fujitsu financial services showed that 39% of the UK residents it surveyed would consider leaving their providers if they do not offer up-to-date technology.

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?

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

Ideanote

They were in fact the first to use this technology. Nonetheless, it had a massive disruptive potential. Instead of marketing the new technology, Kodak chose to use digital for improving the quality of film. Help your team stay motivated and ready for embracing new technologies.

My fridge can disrupt your Bank

Matthew Griffin

While you’d expect that most grocery orders can be fulfilled transactionally what now happens if the manufacturer, the consumer or a third party gives the smart fridge the permission, or the ability to shop around for the best price for example, for milk?

Essential Apps For Enterprises To Fight The COVID-19 Disruption

Acuvate

It’s been almost a month since the COVID-19 pandemic started to disrupt the way we live and work. And one of the important dilemmas we’ve observed among enterprises is how they can make the best use of technology to accelerate their crisis response.

Beyond the Buzzword: Disruptive Innovation explained

ITONICS

Disruptive technologies challenge industry leaders that did not innovate fast enough to survive. Before their resounding success, however, new technologies are often underestimated by big industry players. And what makes Netflix a disruption and Uber not?

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.

10 Emerging Technologies That Will Drive The Next Economy

Game-Changer

What technologies will drive the biggest changes in industries over the next 10 to 20 years and create the next economy ? So, I recently gave a talk about these 10 essential technologies that will drive the next economy. Leaders should always be asking themselves What’s new?,

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. These new technologies lead to innovations, often creating new markets and value markets that can impact the established leaders in the industry.