Remove Disruption Remove Radical Innovation Remove Technical Review
article thumbnail

Connecting innovating value comes from Ecosystem thinking

Paul Hobcraft

We are witnessing a very radical change, driven by technology, increasingly disrupting and breaking down past traditional boundaries, partly built to defend positions so as to achieve economic scale. These are: The constant exponential of technology and its power to change is forcing up to change.

article thumbnail

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

The BMI Lab Blog

Business Models in the context of Innovation A common way to differentiate innovations is the categorization according to two generic characteristics: 1. The object of innovation 2. A business model innovation is defined as the conscious change of at least two dimensions of the introduced “Magic Triangle”.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Creative Construction – Book review

The Inovo Group

Every now and then a book on innovation is published that deserves to be put on the innovator’s bookshelf along with other seminal writings about innovation. Disruptive Innovation – Requires a new business model but not a technological breakthrough. Now the real work begins. [1]

article thumbnail

BE INNOVATIVE IN TAKING SMART RISKS

ImagineNation

It did not set me up for success, nor did it set me up for maximising the importance of self-efficacy and self-mastery when on an innovation roller-coaster ride. I had not undertaken sufficient research studies to determine if users wanted and were ready to accept a radical innovation.

article thumbnail

Discontinuous Innovation: Transforming Industries & Creating New Markets

Qmarkets

Understanding Discontinuous Innovation The term itself gained prominence through the work of scholars such as Clayton Christensen, who introduced the concept in his book “The Innovator’s Dilemma: When New Technologies Cause Great Firms to Fail” published in 1997.

article thumbnail

Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

To do this, technology adoption and diffusion across the ecosystem needs to improve dramatically. There also continues today that industry disruption is increasing, by those spotting both opportunity and weakness in present market players. Innovation is one powerful catalyst ripe for leveraging in this 4th Industrial Revolution.

Industry 213
article thumbnail

The New Innovation Need: Organizing within a Networks of Collaborators

Paul Hobcraft

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. Technology offers them the transforming means but can they, as leaders, take their people with them?