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.
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.
This approach to business ecosystems fosters continuous innovation and works towards lasting competitive advantage through its interconnected parts. There is a boundless potential of applying the interconnected ecosystem design so it can radically reshape and define continuous innovation, customer-centricity and enduring market leadership.
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 model is designed to help organizations strike a balance between optimizing current operations and exploring new frontiers.
It is a very disrupting, disturbing world. We have to push this into more of the cross-sector cascading effects of disruptions. This becomes a critical point of any dynamics of future disruption. Technological disruption is altering all we do. This was the most disruptive space for innovation and technology to be applied.
Within a short series about Innovation Ecosystems this post asks what really are the distinct differences within innovation ecosystem thinking and design, to provide a set of common distinguishing points to move from “just” open innovation. This speed can be a critical differentiator in competitive industries.
Dynamic Ecosystems build future ecosystem resilience and including participation as the core to thinking evolution and discovery, to exploit and expand to what is possible, through ecosystem-centric thinking and design. Recognizing Ecosystem Resilience : Dynamic ecosystems are resilient and capable of withstanding shocks and disruptions.
The Context Map Canvas is a strategic tool designed to help organizations understand and navigate the external factors that influence innovation and business performance. This tool is especially valuable in fast-paced industries or during periods of transformation, where understanding context can be the key to staying competitive.
Evolutionary thinking makes Innovation different When we are conceptualizing organization structures and relationships in Ecosystem thinking and design we often begin by attempting to relate this to Natural Ecosystems. Competitive necessity drives wider adoption. faster, when serious supply chain issues arise.
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. Preventing companies from engaging in destructive price competition.
A well-designed scenario planning process ensures that companies: Identify key uncertainties and their potential impacts. Improve resilience against disruptions and crises. Reduces risk and uncertainty Prepares organizations for potential disruptions. Scenario 3: Competition from emerging platforms erodes market share.
Pitching the reasons to change to Innovation Ecosystems in thinking and design So after working through the values of the Innovation Ecosystem over a series of three posts I asked Chat GPT to help me in making a pitch for the change from existing internal orientated innovation processes and structures.
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.
Companies that embrace White Space Innovation aim to break out of stagnation, stay ahead of disruption, and create long-term competitive advantage. Analyze Emerging Trends and Disruptions White space opportunities often stem from shifts in: Technology (e.g., Then cluster needs by urgency, prevalence, and strategic relevance.
Mullin’s Seven Domains Model: A Practical Guide for Strategy Projects The Seven Domains Model , developed by John Mullins , is a strategic framework designed to help entrepreneurs, business leaders, and investors evaluate the viability of a new business venture or strategic initiative. What is Mullin’s Seven Domains Model?
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. The more disruptive you seek to make your solution, the more the ecosystem must be shaped, changed, or created. There is a caveat to this need to change.
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 the work mat offers an open design that gives a framework for a comprehensive dialogue of what is central to the make-up of innovation. It allows you to compare with others you want to form a deeper relationship with within any ecosystem design. I believe there is a real utility of purpose in this open design.
This is part two of my thoughts that came out of investigating and researching design thinking in the past couple of weeks. Within these two posts, I want to provide my thoughts, bridging the present and pointing towards a better design thinking future, one that in my opinion, is urgently needed. Part one is here.
Solutions that can adapt to address challenges like economic uncertainty, supply chain disruptions, and new and disruptive technologies. In this environment, the key to success is adaptability. Organizations need solutions that can bend without breaking.
Agile Innovation helps businesses stay ahead of disruption, maximize operational efficiency, and drive sustainable growth. Whether businesses are launching new products, improving internal processes, or adopting emerging technologies, Agile Innovation provides the strategic foundation needed to remain competitive.
We need to transform, be disrupted or certainly re-imagine and this is where knowing your ecosystem comes in. Our existing organization needs to envisage a changing world full of disruption that calls for radical change. A tantalizing prospect, full of innovation. A tantalizing prospect, full of innovation. The Status Quo is history.
New Business Design- Empower Your Business Ecosystem. When looking at radically different thinking and design in business, where Ecosystems become central, you need to ask yourself what industries would benefit from such an alternative design and thinking due to the changing complexities and challenges they are facing.
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. Apple, Rolex).
Want Disruptive Digital Innovation? At some point every industry and every organization will face disruption. Why is creating competitive differentiation increasingly difficult? Disrupt using data. Here are 5 Business Model Strategies and Tools for Strategic Business Growth. Do we need a new strategy and business model?
In contrast, internal systems can become rigid over time, potentially missing out on disruptive innovations or shifts in the market. Holistic Value Creation and Sustainability Innovation ecosystems are designed to create value that goes beyond short-term financial gains. How do organization remain relevant in an ever-changing world?
Competitive Analysis : How’s your strategy stacking up against the Joneses? Competitive Analysis See if you’re winning or need a mid-game pep talk. Pulling in innovation is a must-have in today’s fast-moving scene, as detailed in our note on strategy’s need for innovation in disruptive times.
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.
Ecosystem co-operations can allow you to align with others, totally outside your existing relationships, so you can enter new markets, explore new concepts and design, that would have been impossible as an individual organization. Ecosystems are unique in design, relationships and the environment that surrounds them.
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.
Implementing and Building Ecosystem Designs While ecosystem-based approaches offer numerous advantages, there are also challenges and potential barriers that organizations may face. Barrier: Building and maintaining trust may take time, and concerns about data security, intellectual property, or competition could impede collaboration.
Suggested viewing: 12 – Disruptive Innovation. Brought to prominence by Professor Clayton Christensen’s book The Innovator’s Dilemma , this important theory provides an explanation as to why large, established companies eventually get overtaken by smaller ones, and it introduced the concept of disruptive innovation.
I recently applied the three horizons thinking to ‘frame’ a new innovation design. So the thinking intent of searching for a new innovation design had some framing assumptions that can leverage where we are to move towards a new future. This is a useful way to think about the initial 3H outcome.
It’s what kicks growth into gear, keeps you competitive, and helps your team sidestep those nasty surprises. For a deeper dive into mixing creativity with planning, have a look at our article on using design thinking to shape your game plan. Toughness : Focusing on innovation makes your business hardy against economic ups and downs.
It is a very disrupting, disturbing world. We have to push this into more of the cross-sector cascading effects of disruptions. This becomes a critical point of any dynamics of future disruption. Technological disruption is altering all we do. This was the most disruptive space for innovation and technology to be applied.
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.
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.
High rates of innovation or product extension, often not truly needed, can be disruptive to the larger society as a whole. What is the cost of disruption and destruction of whole communities in social costs, in our investments for the future when we can’t ‘feel’ or see the benefits of “creative destruction” emerging?
In the fourth conversation between Jeffrey Phillips and myself around parts of the Executive Innovation Work Mat, we took on several different issues around the design, function, structure and process needs for innovation. The ability to manage innovation design, function, structure and process.
Additionally, AI can be integrated into ai in design thinking to streamline the design process and improve user experience. By incorporating AI into your innovation management practices, you can stay ahead of the competition and drive successful outcomes.
Goal-Oriented : Designed to achieve specific business objectives, such as enhancing customer experience (CX) , boosting engagement, and driving sales growth. By leveraging AI integration in customer service , businesses can improve their CX while gaining a competitive advantage through faster, more intuitive interactions.
Orchestrating Design Thinking and AI for a People-Centric Business Future The tapestry of business evolution tells a remarkable story. Products were no longer simply created and sold; they were designed to meet customer needs and solve their problems. From the onset of marketing in the 1950s to today, we’ve seen clear transformations.
A massive transformation faces the software industry, similar to the disruption we’ve seen hit other industries like health care and manufacturing. Startups that help build out the industry’s new low- and no-code application platforms will also rise, like the design app Canva, which was recently valued at $3.2
Disruptive innovation is commonly misunderstood. Just watch “ Glass Onion: A Knives Out Mystery ” to hear one of the main characters, Miles Bron, get the definition of “true disruption” really, really wrong. She called it a theory of competition. That is the power of disruption.
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