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Customer Orientation Effects on Innovation

Integrative Innovation

For example, cordless telephones were a radical innovation relative to wired phones because they were based on a substantially new technology; however, their customer base was essentially the same. DVD players provide another example, as they used optics technology as opposed to the magnetic technology used in VCRs.

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Business Model Innovation Basics Series - Part 1: What is a Business Model?

The BMI Lab Blog

Magretta, 2002). WHO – Every business model serves a certain customer group (Chesbrough and Rosenbloom 2002; Hamel 2000). Magretta 2002). Moreover, emerging technologies or trends may change the market environment - a company may be forced to act reactively or may want to act proactively by adapting the existing business model.

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Digital Twins: what it is, how it works, and the advantages of this technology

mjvinnovation

What Digital Twins Technology is and How It Works. Originally, this term was coined by Dr. Michael Grieves in 2002. So, what is this technology? Digital Twin technology is already widely used in manufacturing, but the situation is changing rapidly. Digital Disruption. Predictive Maintenance.

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Open Strategy: Mastering Disruption From Outside The C-Suite

Innov8rs

Innov8rs | Making strategy behind closed doors is a prescription for failure when disruptions are coming from all directions. The NASA Pirates – a group officially disbanded in 2002 whose effects still reverberate – were a group of engineers who challenged the traditional practices at NASA.

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Disruptive Technology is ALWAYS Greeted with Doubt, Skepticism and Rejection

Linda Bernardi

Every disruptive technology is greeted with doubt, skepticism, and rejection. In 2002-2005 when as the founder of my startup ConnecTerra Inc, by all accounts the world’s first official IoT company, I started talking to folks about how everything would get on the internet and the economy would be shifting.

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Comment on Innovation Minute #25: How to Conduct Healthy Experiments by Fraser Liscumb

Stephen Shapiro

When our Hub introduce Canadian government in 2002 to community incubator and accelerator thinking. Maybe you should send this to all Global leaders.

How To 40
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Innovation Networks – Needed Now More Than Ever

The Inovo Group

Today’s VUCA world (Volatile, Uncertain, Complex and Ambiguous) requires that companies form robust knowledge networks to have any real hope of delivering the innovations, especially transformational innovations, that are needed for the growth which they aspire to or to prevent disruption from new entrants. Norton & Company; May 2002.