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In contrast, nondisruptive innovation is “achieved without disrupting a preexisting market and its associated companies and jobs.” In Beyond Disruption: Innovate and Achieve Growth without Displacing Industries , BlueOceanStrategy authors W. Look beyond the existing market and environment.
Technology has clearly paid a huge part in this, but the biggest driver of change in how organizations are run is the ceaseless quest for improvement; to manage more efficiently and effectively to better achieve business results. In The Innovator’s Dilemma , he looked at why companies struggle with radical innovation in their markets.
Nondisruptive creation has three distinctive characteristics : First : It can be generated by a scientific invention or a technology-driven innovation. But it can also be generated without science or technology-drive innovation. They are the authors of the over 4 million copy global bestseller, BlueOceanStrategy.
Renee Mauborgne - Co-author of BlueOceanStrategy , Renee offered great insights on creating demand, most particularly on creating consumer demand where little or none previously existed. My favorite quote from Martin was: “ great brands are emotional bookmarks.&#
Ajay is a technologist and business strategist who often obsesses over issues that range from the impact of technology on disruptive business models to entrepreneurship and impact investing. Global firms have employed blueoceanstrategies to cater their services and offerings to the BoP (Bottom of Pyramid).
Technology and its role in travel 2.0 B usiness Model Generation caught my eye in a book store in December – It is rare I find myself in book stores anymore given how many books are sent to me as a blogger and my preference in reading on Kindle or IPad. This final chapter puts it all together. I really enjoyed this book.
The problem with timing is that every innovation only has a relatively small window of opportunity that happens when the technology and customers are ready, but there isn’t much entrenched competition. In these markets, the couple of companies that are first to scale , reap nearly all of the rewards. How can timing go wrong?
Non-disruptive The pair, who made their name with their bestselling book BlueOceanStrategy, chart a similar path. Disruptive innovation is far more commonly understood and involves creating a new market within existing industry boundaries. This helps to bridge the gap between economic and social good.
Or actually, maybe strategy is really about finding blueoceans — markets that come into existence as a company defines them. But you have to think that, to really stay on top, Apple needs to find more blueoceans to conquer. That's the path to riches described by W.
Rapidly responding to ever-evolving competitive and market changes (perhaps a reference to Rita McGrath and Ian McMillan’s 1995 article on innovation strategy “Discovery Driven Planning” ). A tour de force by any measure, “What Is Strategy?” ” is certainly required reading for all strategists.
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