This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
What is Disruptive Innovation? Disruptive Innovation is a framework that describes how new products or business models can transform industries by offering simpler, more affordable, or more accessible alternatives to existing offerings. Disruptive Innovation is not just about technological breakthroughs.
What is Competitive Analysis? Competitive Analysis: A Practical Guide for Strategy Projects What is Competitive Analysis? Competitive Analysis is a structured framework that enables organizations to evaluate their position in the market by assessing competitors strengths, weaknesses, strategies, and performance.
What is Competitive Landscape Analysis? Competitive Landscape Analysis: A Practical Guide for Strategy Projects What is Competitive Landscape Analysis? Competitive Landscape Analysis is a structured framework used to evaluate the external business environment by analyzing market trends, industry dynamics, and key competitors.
When we think of a business having a competitive advantage, we still tend to think of traditional economic moats such as a low-cost structure, economies of scale, or perhaps a more intangible moat like a strong brand. Thus, for most businesses, the only truly lasting source of competitive advantage these days is the pace of innovation.
Disruption is all around us; it never seems to go away; it simply appears in a different and often entirely new form. The result is the same; it disrupts what we know and often in how we suddenly need to set about doing it differently. Much of the innovative disruptions seem so obvious; you wonder why we were not doing these before.
The 70-20-10 Innovation Rule is a strategic framework that guides organizations in allocating time, budget, and resources across three categories of innovation: core, adjacent, and disruptive. This structured approach helps companies avoid innovation imbalance. Categorizing them into core, adjacent, and disruptive efforts.
In today’s world, disruption isn’t the exception—it’s the rule. Companies like OpenAI, Tesla, and Amazon exemplify how leveraging disruptive innovations can redefine industries. Embracing disruption with an anticipatory mindset unlocks the ability to foresee opportunities and pre-solve challenges before they arise.
Five Forces Model: A Practical Guide for Strategy Projects The Five Forces Model , developed by Michael Porter , is a strategic framework that helps organizations analyze the competitive forces shaping an industry. It provides a structured approach to assessing market dynamics, competition, and profitability potential.
Yet when its consumer business was disrupted by fintech startups, Jeff Softley saw that the same data and technology infrastructure the company had built to serve large enterprises, could also be put to work to empower consumers to improve their access to credit and measurably improve their lives.
New technologies emerge rapidly, disrupting industries and rendering existing systems obsolete. It enables organizations to assess when to scale, improve, or replace existing technologies, ensuring they allocate resources efficiently and maintain a competitive edge. Secure funding or partnerships to support early-stage development.
Each phase reflects different levels of growth potential, innovation activity, and competitive pressure. It helps companies plan for the future instead of reacting to disruption when it’s too late. Providing insight into when to explore adjacent markets or disruptive alternatives. Competitive moves or partnerships.
A well-designed scenario planning process ensures that companies: Identify key uncertainties and their potential impacts. Improve resilience against disruptions and crises. Key benefits include: Enhances strategic flexibility Allows companies to pivot as conditions change. Develop proactive strategies to manage change.
Why a Strategy Uncertainty Map is Important Every business faces uncertainty in areas like market trends, competitive shifts, technological advancements, regulatory changes, and economic fluctuations. Which areas operations, competition, technology, or regulation are most vulnerable?
Kays Distinctive Capabilities Framework: A Practical Guide for Strategy Projects Kays Distinctive Capabilities Framework , developed by John Kay , is a strategic model that helps organizations identify and leverage their unique competitive advantages. Helping companies build a strong reputation and customer trust.
In other words, business model innovation can be disruptive, toppling long-held beliefs about how customers get what they want. And what do they do when an outsider disrupts the business model, forcing them to play catch-up? Reinventors transform the core of their business while defending against industry decline or disruption.
New perspectives needed In fact, the more your environment is changing, the more competitors you have, the more intense the competition within your industry is, the more you need new perspectives. Some companies have successfully partnered with third party idea generators who are active provocateurs - who openly question the status quo.
It was popularized by McKinsey & Company and has since been widely adopted across industries as a roadmap for growth, adaptability, and strategic foresight. Each horizon serves a different purpose, and together, they form a comprehensive strategy that fosters resilience, competitiveness, and sustainable growth.
This speed can be a critical differentiator in competitive industries. Collaborative Competition (Coopetition) : Ecosystems encourage a balance between competition and collaboration. Collaborative Competition (Coopetition) : Ecosystems encourage a balance between competition and collaboration.
White Space Innovation is a strategic framework used to identify and pursue growth opportunities beyond a companys current product lines, markets, or business models. Companies that embrace White Space Innovation aim to break out of stagnation, stay ahead of disruption, and create long-term competitive advantage.
Kotler’s Pricing Strategy: A Practical Guide for Strategy Projects Kotlers Pricing Strategy , developed by Philip Kotler , is a comprehensive framework that helps businesses determine the most effective pricing model to maximize revenue, market share, and competitive positioning. Maximize profit margins while maintaining demand.
Unlike traditional business evaluation methods that focus only on market size or competition, Mullins framework integrates both external and internal factors across seven distinct domains. Industry Attractiveness The competitive dynamics and structure of the industry. Mitigate risks by evaluating competitive and industry challenges.
Every company says that innovation is important, and that they value the ideas of their people. In fact, creativity is becoming a core skill which companies know they need in the future. In fact, according to some estimates by Doblin , 96% of all new innovations which established companies attempt fail to make a return on investment.
McKinsey Seven Degrees of Freedom for Growth: A Practical Guide for Strategy Projects The Seven Degrees of Freedom for Growth is a strategic framework developed by McKinsey & Company to help organizations identify and prioritize growth opportunities. Reshaping the Industry Structure Disrupting or redefining market dynamics.
Contingency Planning: A Practical Guide for Strategy Projects Contingency planning is the process of proactively preparing for potential risks, disruptions, or crises that could impact an organizations operations, strategy, or financial stability. Supply chain disruptions Supplier failures, transportation issues.
Lets call this evolutionary ecosystem thinking Each of these below has a direct impact on competitiveness, resilience and long-term viability as we tackle volatility, uncertainty, complexity, and ambiguity (VUCA). Competitive necessity drives wider adoption. faster, when serious supply chain issues arise. Financial performance.
The acronym SWOT stands for: Strengths Internal capabilities that provide a competitive advantage. Why a SWOT Analysis is Important A SWOT Analysis provides a holistic view of a companys strategic position by examining both internal and external factors. Identifies competitive advantages Highlights what the company does best.
Identifying and managing these factors ensures that companies allocate resources efficiently, mitigate risks, and maintain a competitive advantage. Adapt to market changes while maintaining core competitive strengths. Increase Organizational Resilience Prepare the business for market changes and industry disruptions.
How sure are you that your products are better than the competition? How confident are you that your company will not be disrupted by a smaller competitor? Once new innovations from other companies, startups or unknown overseas competitors become available, all of a sudden the customers have much more choices.
Go-to-Market Strategy: A Practical Guide for Strategy Projects A Go-to-Market (GTM) strategy is a structured plan that defines how a company will introduce a product or service to the market, attract customers, and achieve a competitive advantage. Improve competitive positioning Differentiates the product from rivals.
Solutions that can adapt to address challenges like economic uncertainty, supply chain disruptions, and new and disruptive technologies. As a result, the company minimized costs thanks to reduced waste and greater efficiency. In this environment, the key to success is adaptability.
Companies that fail to adapt risk becoming obsolete in an environment where customer preferences, market trends, and technological advancements shift rapidly. Agile Innovation helps businesses stay ahead of disruption, maximize operational efficiency, and drive sustainable growth. Lead Successful Change Management Projects!
It is the driving force behind the competitive edge that allows companies to stand out and meet the ever-changing demands of their customers. Exploring disruptive innovation examples can provide insights into how companies have successfully navigated and transformed their industries through innovation.
Firstly why are business ecosystems emerging as a real competitive force? It is not one single product that is chased in crowded, highly competitive fields. We see that the most valuable companies emerging today are largely based on sophisticated platform business models where ecosystems are vital to their health.
Disruption is all around us; it never seems to go away; it simply appears in a different and often entirely new form. The result is the same; it disrupts what we know and often in how we suddenly need to set about doing it differently. Much of the innovative disruptions seem so obvious; you wonder why we were not doing these before.
The Power of Disruptive Innovation Understanding Disruptive Innovation Disruptive innovation, a term you might have encountered frequently in today’s business lexicon, refers to a process where a product or service starts at the bottom of a market and then relentlessly moves upmarket, eventually displacing established competitors.
In today's fast-paced business landscape, companies face constant pressure to stay ahead of the competition and maintain their market share. Yet, even successful and established companies can fall victim to the "Innovator's Dilemma."
Disruptive Thinking is a concept that is based upon doing the opposite of what is expected/what convention tells you will be successful. One of the best examples I have heard of comes from a talk given by Luke Williams, which illustrates the potential of Disruptive Thinking. Disruptive technology is important to education.
It’s not just about rolling out fancy new gadgets or services; it’s about rethinking how everything ticks in your company. It’s what kicks growth into gear, keeps you competitive, and helps your team sidestep those nasty surprises. They make sure your company stays in the game, no matter how much the market shifts.
” That’s because like most big companies, we struggled with risk-taking and moving fast. And gaining access to customers willing to pilot an untried product from an unknown company is a huge early hurdle. On the surface, it seems like big companies and startups are worlds apart. Co-Create to Drive Disruption.
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? Three strategies for the path forward.
For the vast majority of companies, the vast majority of innovation work is incremental at best, adding a new feature or capability to an existing product. They will conduct disruptive innovation activities because they need to become relevant again to customers and to do that they must change the nature of competition.
At the Christensen Institute, we wondered if they might disrupt universities’ master’s degree programs. In some cases, they may still be well positioned to do so, as several coding bootcamps have evolved to now work directly with companies to upskill and reskill their employees, or have added apprenticeship programs.
Moreover, learning from disruptive innovation examples can provide a clearer understanding of how agile methodologies facilitate breakthroughs in today’s competitive landscape. Agile product development is a powerful approach that can help you navigate the complexities of today’s disruptive world.
Disruption in health care started to accelerate about 15 years ago when models like One Medical and iora health launched their lower-cost, more affordable, and more accessible approaches to primary and on-demand care. This move is just what the theory of Disruptive Innovation would predict. So what can incumbents do?
We organize all of the trending information in your field so you don't have to. Join 29,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content