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In Part 1 of this blog series, I highlighted that disruption in health care is increasingly present at many points along the consumer value chain. Key takeaways to recall from that first post are as follows: Disruption doesn’t stop where it starts. What happens when disruptors move up-market? Women make 80% of health care decisions.
When you read a report that has within its executive summary this: “ In combination the boards stand unarmed to enter the battlefield of future business creation in a disrupted world ” it makes you want to read on. It wanted to address the skill-set at board level to handle digital disruption and the urgency to act proactively.
Cybercrime has exploded, thanks in part to the high profile it played in 2016’s election cycle, and that has finally put security on everyone’s mind. You can also download our disruptive innovation infographic for more information.
Warby Parker was valued in 2016 at over $1.2B. Hubble Contacts , founded in 2016, aims to disrupt the market for contact lenses by selling direct. More impressively, Proctor and Gamble’s great rival Unilever has entered the razors market for the first time by buying Dollar Shave club for $1B in 2016.
A 2015-2016 study by researchers at the Harvard Business School found that boards don’t prioritize innovation. In general, a board that is more diverse in terms of professional background and age is likelier to pay attention to trends like the rise of innovation and disruption. Boards Don’t Prioritize Innovation.
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.
The Winds of Change- Innovation Software facing the Innovators’ Dilemma In my research, I am getting a real sense that the current Innovation Management Software model is about to be upended and disrupted as per Clayton Christensens’ “Innovators Dilemma.” source Wikipeda) Today the reversal is happening. Any thoughts?
The 2016 Summit is sure to be even more impactful and inspiring. The post Spigit Ignite Summit 2016: Announcing Speakers from Pfizer, CH2M, Lexington Insurance appeared first on Spigit. Wendy Mayer, who also spoke at Spigit Ignite 2015, is Vice President of Worldwide Innovation for Pfizer.
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. A recent report by the Economist showed that 60% of company executives view disruption as a threat rather than an opportunity.
As the first month of 2016 comes to a close, here are seven forces of the future poised to shift the way we live, work, bank, and vote. As a futurist and CEO of an innovation firm, I study the implications of emerging trends through research and dialog with experts, scientists, and academics in diverse fields. Continue reading →
When I launched Thrive Global in November of 2016, the topics of stress, burnout, and employee well-being were still on the fringes of our conversations about work. Companies are aware that human qualities like focus, empathy, collaboration, and resilience are critical to being able to thrive in times of uncertainty and disruption.
As recently outlined, I consider organizational ambidexterity to be a key innovation issue for organizations in 2016 and beyond. Similarly, about 70 percent of disruptive innovators also lean toward a more centralized approach. Engine 2 efforts are disruptive and potentially game changing. Source: Accenture. Source: Deloitte.
For many, acquisition seems the only path to take through these disruptive forces of change. Most companies want to use this current of change to drive innovation. But the magic bullet is elusive as ever — the question is how best to drive innovation. Don’t hold back that deeper bond with too much red tape.
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. Defining digital disruption. Clues for early identification.
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. Defining digital disruption. Clues for early identification.
Each of these is a link to the post itself: Bringing New Innovation Together Is Stretching the Mind, Posted on October 25, 2016. The New Innovation Need: Organizing within a Networks of Collaborators, Posted on October 3, 2016. Posted on May 19, 2016. Establishing a new mentality for innovation Posted on April 28, 2016.
INSEAD Business School, along with Cornell University and the World Intellectual Property Organisation have just released their analysis of the world’s most innovative countries for 2016. Top 10 Most Innovative Countries 2016, GII 2016. Innovation Leader, Achievers and Underperformers, GII 2016.
Compared to innovation in general, sustainable innovation is more disruptive, fueled by a better rationale, and is more collaborative. Sustainable innovation is disruptive because it can result in better business models, improved processes, streamlined resource flows, reduced waste and cost, and the creation of new market segments. .
The recent 2016 Chief Innovation Officer Summit in New York saw no shortage of phenomenal topics, speakers, and discussions. Throughout the conference, there were several themes that became major talking points, including: Digital disruption. Disruptive technologies like virtual and augmented reality. Conclusion.
In Spigit’s recent 2016 crowdsourced innovation benchmark study , we uncovered the same realization. While ‘breakthrough’ or ‘disruptive’ innovation makes big splashes in the media and gets you on the cover of Forbes magazine, incremental innovation is the unsung hero when it comes to transforming a culture.
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.
trillion (2016) according to a white paper by Oliver Wyman , a leading global management consulting firm. These banks recorded 58% growth between 2011 and 2016, a staggering number – that is until you review the performance of the industry’s newer entrants. The Key to Penetrative Disruption. trillion to $1.0 trillion.
Many of the themes that we have witnessed here in 2015 will gather pace next year and continue to enable or disrupt your business depending on how prepared they are for the Hard Trends on the horizon. The technology is already here, but 2016 will be the year we realize the power hidden in our data. Virtual Reality Gets Real.
Want to know what disruption looks like? One of the greatest challenges business leaders and, by extension, their enterprises face in today’s disruptive world is the ability to respond quickly to constant, unforeseen changes like this one. Drones and fishing had nothing to do with each other until someone decided they could.
This analysis is based on the 88 page PowerPoint I downloaded from the main Barometer site: [link] Page 5 - 2016 Key Findings. GE presents four key findings (Welcome Revolution, Embracing new models, Disruptive Innovation and Everybody's starting up). Within these findings two concepts caught my eye.
Want to know what disruption looks like? One of the greatest challenges business leaders and, by extension, their enterprises face in today’s disruptive world is the ability to respond quickly to constant, unforeseen changes like this one. Drones and fishing had nothing to do with each other until someone decided they could.
In the course of this first month of 2016, I was asked a couple of times what my prospects are for the year ahead when it comes to key innovtion issues. Accelerating dynamics and pace of disruption in most industries, in particular triggered by the pervasion of new technologies, lead to decreasing life times of existing business models.
What's old is new again Today (February 1, 2016) I did a quick scan of the social media sites, especially Twitter, to see what people were highlighting. Innovation, like a virus, mutates beyond expectation, shifting from an innocuous bug to a deadly contagion, as issues like business model innovation create significant disruption.
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 help innovators understand and prepare for future consumer demand, Gfk has chosen the ten key Tech Trends they believe will have the most impact on consumer needs and behavior in 2016 and beyond. For an overview, check out the ten trends in this infographic.
I wrote a meta report on the recent developments in the digital transformation in late 2016 that was published by Hype. The buy-in to this means undertaking a disruption to the existing organization, to the way you go about business. We have to embrace new technology – or leave the stage.
In 2016 his personal wealth was estimated to be some $60B making him one of the five richest people in America. Disrupt your own business before someone else does. He is the founded an aerospace company Blue Origin, to provide private space flights. In 2013, he purchased The Washington Post newspaper. Lessons for Innovators.
Last week the 2016 Ignite Summit took over San Francisco. Companies that become complacent, are the ones that get disrupted. The post 6 Innovation Takeaways from Spigit’s 2016 Ignite Summit appeared first on Spigit. And it was amazing. The best part about Ignite? It keeps you alert and on your toes. See you next year!
Last week the 2016 Ignite Summit took over San Francisco. Companies that become complacent, are the ones that get disrupted. The post 6 Innovation Takeaways from Spigit’s 2016 Ignite Summit appeared first on Spigit. And it was amazing. The best part about Ignite? It keeps you alert and on your toes. See you next year!
In Cragun and Sweetman's upcoming book, Reinvention: Accelerating Results in the Age of Disruption [Greenleaf Book Group Press, July 2016] , the authors propose a simple formula, common principles, and set of tools for individuals and organizations facing disruptive and radical change. trademark of SweetmanCragun.
H3 is the explorative style: needs are investigated on a deeper level and new technology used to disrupt. Source: Penker (2016) and the Eighth Global Peter Drucker Forum. Republished from Drucker Forum 2016. It’s essential here to sharpen the future possibilities with external knowledge sharing, open innovation, and co-creation.
Our “Innovators Worth Watching” series spotlights interesting and potentially disruptive players across a spectrum of industries. One in five US adults reported living with chronic pain in 2016, with 8% of US adults reporting that it limited at least one major life activity. But do they also have disruptive potential?
In 2016, I wrote the article What is innovation? Whitney Johnson is CEO of the tech-enabled talent development company Disruption Advisors and teaches the S Curve of Learning to managers and companies as both a keynote speaker and a frequent lecturer for Harvard Business School’s Corporate Learning. Rita McGrath. Tiffani Bov a.
In Spigit’s recent 2016 crowdsourced innovation benchmark study , we uncovered the same realization. While ‘breakthrough’ or ‘disruptive’ innovation makes big splashes in the media and gets you on the cover of Forbes magazine, incremental innovation is the unsung hero when it comes to transforming a culture.
Not only is he disrupting several industries with his Tesla and SpaceX companies, but he is constantly pushing his companies to the boundaries of what is currently possible. Elon Musk (@elonmusk) December 11, 2016. Elon Musk is proving to be a wonderful example of how innovative a company leader really can be. Will take action.
H3 is the explorative style: needs are investigated on a deeper level and new technology used to disrupt. Source: Penker (2016) and the Eighth Global Peter Drucker Forum. Republished from Drucker Forum 2016. H3 projects cannot be measured by traditional methods such as ROI: it is more about exploring.
2106 continues that technology trend with more disruption in sight. 2015 was a transformative year for technological innovation. Below is a short list of Chuck Brooks' predicted trends for the coming year: Continue reading →
On July 20th, Imaginatik and MassChallenge will release our joint research study on the State of Corporate-Startup Collaboration for 2016. Far from yet another online survey, this study is a big deal – and here’s why. Our research shows, quite clearly, that corporations have begun to think and act like startups.
Many companies are not prepared for the disruptions that the coming digital transformation will cause and some haven’t even started thinking about it seriously. Top 10 digital technologies the boss should know about ; Raconteur; June 28, 2016. Digital Transformation of Industries ; World Economic Forum, January 2016. Weinelt, B.;
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