Disruptive innovation changes the game, winning not by doing something better but by doing it differently. Take the Nintendo Wii. Scott Anthony explains how the Wii's innovative controller, designed to be easy for non-gamers to use, helped the company expand the market for video games. Anthony explains how you can...
From the executive summary: ‘It is hard to find a company that does not boast about its tradition of innovation in annual reports and advertising campaigns. However, vast majority of such companies are proficient at developing only the kind of innovation that sustains their current businesses. Few are well-versed in...
One of the dominant reasons executives cannot see disruptive innovations easily is their mental models or "Mind sets" have created entrenched patterns of thinking. Turning upside down all current assumptions and processes to respond to barely emergent market changes typically is not a core competency of most global organizations. For...
Randy Smythe submits: I was watching a TV Special on CNBC last night entitled "The Business of Innovation" and sub-titled "From Boardroom Theory to Business Reality" and I kept waiting for the segment where John Donahoe of eBay came onto the stage and discussed the "Disruptive Innovation" happening at eBay....
Managers today have a problem. They know their companies must grow. But growth is hard, especially given today's economic environment where investment capital is difficult to come by and firms are reluctant to take risks. Managers know innovation is the ticket to successful growth. But they just can't seem to...
For many organizations, environmental concerns are well down the priority list. They are seen as issues to be dealt with in the future, not a concern for today because no one is pressing them on these issues at the moment. Many organizations perceive that their largest, most immediate priorities are...
This article is a case study about two companies. It was seen that Teradyne was successful. Hewlett-Packard was not. The paper writes about how two companies had such different results with disruptive innovation. In the early 1990s, both Teradyne and Hewlett-Packard identified new technologies that had enormous potential to cause...
Most business models are based on traditional ways of strategy formulation and implementation, leading to incremental and not disruptive change in the nature of business and industry practices. The article suggests a sense-testing tool for managers to enable disruptive innovation of business models, through corporate examples and case study evidence....
A comprehensive theoretical framework about open source business models is still missing, notwithstanding a growing number of contributions. This lack of literature is mainly due to the relative newness of the phenomena. This paper aims at giving a contribution to the ongoing discussion about open source business implications. The research...
Creativity can be defined as problem identification and idea generation whilst innovation can be defined as idea selection, development and commercialisation. There are distinct processes that enhance problem identification and idea generation and, similarly, distinct processes that enhance idea selection, development and commercialisation. Whilst there is no sure fire route...
Harvard Business School professor Clayton Christensen calls it "disruptive innovation": a product or service so groundbreaking that it changes the competitive landscape, pushes former industry powerhouses toward extinction, and anoints a new, small group of usually young companies to leadership positions. Think of what peer-to-peer networking and iTunes are...
Creativity is all about finding new possibilities in old situations. The ability to perceive what other people have overlooked denotes creativity. In most corporations, changes are sequential, modifying existing products. However, truly innovative, generally entrepreneurial, organizations are able to turn an old idea on its head, finding a unique approach...
For starters, the Microsoft-Yahoo marriage can't work because the resulting mash-up name would be all wrong: MicroHoo. I'm sorry, but that just won't pass regulatory muster. Scott D. Anthony has a far more substantiative argument against the deal, however. Combining two also-rans won't create a viable competitor...
In many established markets for wireless communications services, growth is already beginning to slow. Some industry observers and participants are already talking about the "maturity" of wireless communications markets. And since mobile telephony, to cite the largest market for wireless services, is a quarter-century old, this might seem reasonable. This...
Enterprise computing is about to receive its second disruptive innovation in less than a decade. On-demand computing ushered in an age of low cost, high performance, and high availability solutions delivered through the Internet and taught the industry that it could and should expect more for its investments. On-demand software...
Our headline today comes from a line used by innovation expert Scott Anthony in the excellent post Innovation Gone Overboard. His point: Companies often try to freshen their existing products with too much innovation; the 37th button on the remote. But their mistake is your opportunity....
George Bernard Shaw once said, "The reasonable man adapts himself to the world, the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man." John Elkington talks about how the most successful social entrepreneurs are unreasonable, but their emotional, highly ambitious...
Is a $2,500 price tag for a new car a good thing or bad? Earlier today Indian automaker Tata Motors unveiled the Nano (Apple Legal, take note), a $2,500 sub-subcompact that some call a disruptive innovation that could change the way we think about auto transportation. ...
There is widespread recognition that the U.S. health care system falls short in its efforts to effectively manage chronic conditions. Currently, 45 percent of the population has a chronic medical condition; among the Medicare population the statistics are even worse: 83 percent have at least one chronic condition and almost...
Good enough innovations may be the best drivers of social change. The Idea in Brief The U.S. spends more money on health care than any other nation. Yet many less...
