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What is DisruptiveInnovation? DisruptiveInnovation 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. DisruptiveInnovation is not just about technological breakthroughs.
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What is White Space Innovation? White Space Innovation is a strategic framework used to identify and pursue growth opportunities beyond a companys current product lines, markets, or business models. White Space Innovation in Innovation In practice, White Space Innovation serves as a catalyst for transformation.
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It is a very disrupting, disturbing world. I wrote about the “ cascading effect” for innovation as “ a sequence of events in which each produces the circumstances necessary for the initiation of the next”. We have to push this into more of the cross-sector cascading effects of disruptions. The age of “technology attack.”
It’s been roughly 25 years since Clayton Christensen inaugurated the disruptive era and what he initially intended to describe as a special case has been implemented as a general rule. Disruption is increasingly self-referential, used as both premise and conclusion, while the status quo is assumed to be inadequate as an a priori principle.
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S-Curve Mapping is a strategic innovation tool used to understand the evolution and performance trajectory of technologies, products, services, or entire industries. Each phase reflects different levels of growth potential, innovation activity, and competitive pressure. What is S-Curve Mapping?
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In today’s world, disruption isn’t the exception—it’s the rule. Companies like OpenAI, Tesla, and Amazon exemplify how leveraging disruptiveinnovations can redefine industries. Embracing disruption with an anticipatory mindset unlocks the ability to foresee opportunities and pre-solve challenges before they arise.
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.
Understanding this cycle helps businesses time investments, plan for obsolescence, and develop new innovations to stay ahead. New technologies emerge rapidly, disrupting industries and rendering existing systems obsolete. Plan for Technological Transitions Anticipate disruptions and prepare for replacements or upgrades.
The Context Map Canvas is a strategic tool designed to help organizations understand and navigate the external factors that influence innovation and business performance. By capturing these dynamics visually, the canvas enables teams to anticipate challenges, uncover opportunities, and align innovation efforts with real-world conditions.
Business model innovation is a fundamental restructuring of the beliefs that underlie existing ways that businesses create value. To a greater extent than product innovation, business model innovation forces rethinking of core beliefs about how businesses operate. Why Are Businesses Wary of Business Model Innovation?
In what is probably one of the most revered books among innovators, Edward De Bono wrote about six "thinking" hats. 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. Why can't we innovate?
New innovations like electricity, indoor plumbing and the automobile were changing the way people lived, worked and shopped. Somewhere along the line we got it into our heads that large firms cant innovate and should strive to act like startups. You cant innovate by copying your competitors.
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The search is seemingly on to find greater value, which will increasingly coalesce around different innovation ecosystems. In many different ways, we need to form significantly more relationships that increasingly matter to each organization, add value and insight, and bring external expertise inside to work on ‘greater’ innovation solutions.
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.
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Understanding InnovationInnovation is the lifeblood of businesses seeking to thrive in a rapidly evolving market. It is the driving force behind the competitive edge that allows companies to stand out and meet the ever-changing demands of their customers. Balancing creativity with practical implementation and scalability.
How and where does innovation fit will clearly depend on this transforming effect. We are fairly clear that incremental innovation is just not cutting through to give the types of growth expected. We need to transform, be disrupted or certainly re-imagine and this is where knowing your ecosystem comes in.
Feeling trapped, break out of the box with Innovation Ecosystems We continue to fail to unlock the full potential of innovation. I continue to receive reports on the latest surveys on the management of open innovation and its progress. We are trapped in a ever decreasing cycle.
To keep your business on top of its game, you need to understand how innovation and strategic planning work together. Strategic planning maps out how you’ll crush your long-term goals, and stirring some innovation into the mix helps your business roll with whatever curveballs the market throws.
How and where does innovation fit will clearly depend on this transforming effect. We are fairly clear that incremental innovation is just not cutting through to give the types of growth expected. We need to transform, be disrupted or certainly re-imagine and this is where knowing your ecosystem comes in.
Improve resilience against disruptions and crises. Reduces risk and uncertainty Prepares organizations for potential disruptions. Strengthens competitive advantage Enables companies to anticipate industry shifts ahead of competitors. Battery innovation and sustainability trends. 3 years, 5 years, 10 years)?
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. Innovation The ability to continuously develop and apply new ideas, products, or processes.
I keep coming back to the dilemma often faced in innovation- do we practice “creative destruction” or “destructive creation? Schumpeter saw “creative destruction” as the renewing, through innovation, society’s dynamics that would lead to higher economic development and welfare levels.
I recently met with a very successful company that is seen as a highly innovative global pioneer that others in their industry, which is facing many structural headwinds and inevitable changes, look up to. The challenge s of centralized innovation. Let’s look into why that is the case. That, however, is where the problem lies.
It provides a structured way for businesses to expand revenue, enter new markets, and innovate while staying aligned with their core strategy. These degrees of freedom represent different pathways organizations can pursue to achieve sustainable growth and competitive advantage. Encouraging innovation and new market expansion.
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? Allocate resources efficiently.
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The Executive Innovation Work Mat as a compelling business case. After a series of conversations around the Executive Innovation work mat, Jeffrey Phillips and I decided there was a need to add one more to the series, one that makes the business case for the work mat, one that is more from the leaders perspective.
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The building always the Innovation Business Case offers a unique approach to tackle one of the real problem areas within innovation- making the case compelling. One of the toughest aspects within Innovation is making the Business Case. It is no different for understanding your innovation fitness.
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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 innovativedisruptions seem so obvious; you wonder why we were not doing these before.
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