Innovation Excellence

JULY 16, 2020

Marketing needs to adjust to this behavioral shift. Brick & Mortar operations will slim down, reducing the latitude for Marketing experimentation in B&M vs. today. On the other hand, the caveat is that Online will continue to operate with minimum working capital & continental reach, to maximize ROI.

60

60

LDRLB

MAY 26, 2014

Paul Nunes and I have known each other for many years, and we’ve both been writing about the subject of disruptive innovation from different vantage points and different angles. It’s a little more complicated than a five forces matrix or the Everett Rogers’ normal curve, diffusion and innovation curve. DAVID: Yeah.

Early Adopters 60

Early Adopters Rogers Disruptive Innovation Innovation 60

Deming Institute

JANUARY 15, 2018

The difficulty in changing is often mostly about our psychology (not the technical difficulty of operating under changed systems and processes after making adjustments to adapt to take advantage of new opportunities). That past has a strong impact on how new opportunities are viewed (and often how they are ignored).

Deming 53

Deming Company Management Conference 53

Strategy Driven

JUNE 29, 2016

Instead, longevity is based on entrepreneurial thinking and innovation – in exploring ways to adapt corporate and business strategies in response to market, technological, and social and cultural change. On reflection, though, I find that the evidence does not support competitive advantage as a path to longevity.

Supply Chain 51

Supply Chain Real Estate Resistance Competitive Advantage 51

Innovation Excellence

APRIL 29, 2020

If you have faced friction in major areas like sales or marketing, you must pick tools that can make tasks easier for your team. We’re talking about the 10 best CRM in the market, and why you should pick one of these in 2020. Agile is an interesting CRM with a combination of sales and marketing features. user/month. Streak CRM.

Development 60

Development 60

Harvard Business Review

JANUARY 7, 2016

Zipcar counts as a disruptive innovation. The latter is according to Clayton Christensen, Michael Raynor, and Rory McDonald in their recent HBR article “ What is Disruptive Innovation?” ” They also write that “disruptive innovations originate in low-end or new-market footholds.”

Disruptive Innovation 8

Disruptive Innovation Definition Innovation Christensen 8

Harvard Business Review

SEPTEMBER 24, 2014

He went on to say that the insatiable demands of today’s operational turbulence were robbing him and his organization of ability to invest in the future. We reflected on this, and on the broader context we’ve seen in our work, and created four high-level buckets into which resources and money can be poured: Daily Operations.

Budgeting 15

Budgeting Innovation Disruptive Innovation Six Sigma 15

Harvard Business Review

NOVEMBER 10, 2011

The most punishing innovations, they argued, were the ones that were easy to dismiss at first blush — simple, affordable solutions that took root outside the mainstream market. The authors called these "disruptive" solutions and provided a straightforward prescription for leaders looking to turn disruption into an opportunity.

Innovation 15

Innovation Disruptive Innovation Christensen Kahneman 15

Innovation Excellence

JULY 12, 2020

My deeper concern is that as we venture forward, as economies begin to reopen, we are going to be operating against what economists call the 80% economy. In markets like South Korea that have begun to reopen, we are seeing that there is not a full return. We’re starting to see the beginnings of that shaping the market.

56

56

Harvard Business Review

OCTOBER 1, 2012

They're bad at innovation by design: All the pressures and processes that drive them toward a profitable, efficient operation tend to get in the way of developing the innovations that can actually transform the business. But giving up the pursuit of innovation seems less than satisfying, if not unrealistic.

Innovation 16

Innovation Company ROI Disruptive Innovation 16

Harvard Business Review

MAY 15, 2014

Let’s say you’re working in a new market, far away from headquarters, and you need to get approval for an initiative that is somewhat outside the company’s current strategy. A case study we just published on Samsung’s European innovation team offers some helpful insights. What do you do? Negotiate the expectations up front.

Innovation 11

Innovation Marketing Disruptive Innovation Project 11

Harvard Business Review

JANUARY 31, 2014

One of the clearest signs of an opportunity for innovation is someone demonstrating that a problem is important to her by spending time or money trying to solve it and expressing frustration (either vocally or visibly) because existing solutions fall short. Identifying the Threat of Disruption. Speed alone is insufficient.

Innovation 15

Innovation Disruptive Innovation Learning-by-Doing Participative 15

Harvard Business Review

JUNE 10, 2014

Almost every discussion of innovation today inevitably turns to the topic of “disruption.” Academics write about the power of disruptive innovation to transform one industry after another. Consultants have set up practices to focus specifically on helping companies become disruptive innovators. Absolutely.

Innovation 11

Innovation Disruptive Innovation Venture Capitalist Depreciation 11

Innovation Excellence

MAY 4, 2020

For example, if a country introduces more aggressive environmental legislation, it means that that specific market is likely to have more demand for new, more environmentally friendly, products and services, which is obviously a big opportunity for those who are able to adapt to the changing situation. Dig deeper.

Development 56

Development 56

Harvard Business Review

SEPTEMBER 27, 2012

In order to grow profitability and fight margin pressure, Gerber executives turned towards a market they hadn't successfully penetrated for decades: adult food. In it's infancy, it's designed to bring innovation to the market. Take a story plucked from the pages of Gerber's history. So pursuing profit isn't a problem at all.

Innovation 15

Innovation Company Venture Capitalist Maturity 15

Harvard Business Review

JANUARY 16, 2013

There are other markets waiting to be disrupted, for sure. Compare that with Amazon's performance: Amazon lost $247 million in its last quarter. Amazon's price-to-earnings ratio is now 2,767. Apple's is 13. And Apple's profits are growing substantially year over year. Television. Automobiles. Disclosure: I am long AAPL.

Marketing 14

Marketing Stage-Gate Advertising Price 14

Harvard Business Review

MAY 8, 2012

Similarly, Japan's automobile industry has been plagued by a series of embarrassing quality problems and recalls, and has lost market share to companies from South Korea and even (gasp!) Looking beyond Japan, iconic six sigma companies in the United States, such as Motorola and GE, have struggled in recent years to be innovation leaders.

Six Sigma 21

Six Sigma Kaizen Govindarajan Telecommunications 21

Harvard Business Review

AUGUST 23, 2011

However, when it comes to developing the breakthrough technologies and disruptive innovations that will change people's lives, free markets are much better coordinators of economic activity. This is because firms operating in free markets are much more capable of employing emergent strategies than are governments.

GDP 15

GDP Christensen Disruptive Innovation Business Model 15

Harvard Business Review

SEPTEMBER 24, 2013

The “jobs-to-be-done” theory articulates the gap between how producers view and market a product and how customers actually use it. In the words of Harvard Business School marketing professor Theodore Levitt, “ People don’t want to buy a quarter-inch drill. Hence the focus on non-consumers. Xiaomi’s Challenge.

Marketing 9

Marketing B2B Levitt Disruptive Innovation 9

Harvard Business Review

JUNE 13, 2014

Team members had researched the market thoroughly. It employed a business model that would make it very difficult for the current market leader to respond. The classic fingerprint of disruptive success. You’ve told me it’s a big market, but I’m not sure yet what we get out of this.”.

Innovation 12

Innovation Disruptive Innovation Short-term Long-term 12

Harvard Business Review

JULY 30, 2013

One of the most common complaints senior executives have about disruptive innovation is its seemingly snail-like pace. How is it, they wonder, that it takes us forever to pursue ideas that promise to create new markets when the world seems to be innovating at a dizzying pace? Push to learn in market.

Innovation 14

Innovation Venture Capitalist Uncertainty Strategic Planning 14

Harvard Business Review

OCTOBER 14, 2014

Customers that are relatively less risky and more predictable can make it easier for new to firms gain a market foothold. Others point out the strong similarities between Xiaomi’s operating system (named MIUI) and Apple’s iOS. One such set of customers is the nascent middle class in emerging economies. A neat trick.

Industry 15

Industry Price Business Model Disruptive Innovation 15

Harvard Business Review

JANUARY 29, 2013

Or actually, maybe strategy is really about finding blue oceans — markets that come into existence as a company defines them. This is another Christensen observation, albeit a lot less famous than the one about disruptive innovation. That's the path to riches described by W. Which is a lot easier said than done.

Strategy 12

Strategy Porter Christensen Mauborgne 12

Harvard Business Review

NOVEMBER 7, 2013

The shutdown will be completed by early 2014, bringing to a close a dramatic story of rise and fall at the hands of disruptive technological innovation, or what we have called “ big bang disruption.” At its peak, the company operated 10,000 stores. The Blockbuster-Netflix skirmish is a case in point.

Disruptive Innovation 10

Disruptive Innovation Intangible Assets Retail Innovation 10

Harvard Business Review

APRIL 7, 2014

Many modern businesses take stock in the reality of disruptive innovation and try to react accordingly. In the software industry, giants like Microsoft, SAP, Oracle, and IBM have all invested heavily in the cloud technologies that are disrupting software. Once a disruptive substitute emerges, the paradigm changes.

Disruptive Innovation 11

Disruptive Innovation Airlines Tactics Tools 11

Harvard Business Review

AUGUST 20, 2013

What happens to self-image and individual expectations as enterprise definitions of "productively innovative" and "innovatively productive" change? At a certain point, innovation cultures are as much about "credibility" as creativity and ingenuity.

Innovation 18

Innovation Disruptive Innovation Bottom-up Metrics 18

Harvard Business Review

NOVEMBER 18, 2015

Bower “ Disruptive Technologies: Catching the Wave ” introduced the idea of disruption to the mainstream market. Christensen and two co-authors revisit where disruption theory stands today in a new HBR article, “What Is Disruptive Innovation?” billion versus $2.3

Disruptive Innovation 8

Disruptive Innovation Christensen Levitt Innovation 8

Harvard Business Review

JULY 18, 2014

A team creates a groundbreaking new innovation only to see it mired in internal debates. When it is eventually launched in the market, there is an initial flurry of sales to early adopters, but then sales cycles become sluggish. Innovators change the lens through which we see the world. Communication Innovation Marketing'

Productivity 15

Productivity Products Software Innovation 15

Harvard Business Review

MAY 27, 2016

Instead of getting into a price war or squabbling over a shrinking market, both disruptors and incumbents find new ways to create value. This benefits customers – both the high-end customers being chased by incumbents, and the low-end or middle-market consumers being served by disruptors — and the industry at large.

Airlines 14

Airlines Travel Industry Disruptive Innovation 14

Harvard Business Review

DECEMBER 30, 2014

Google Trends reveals that interest in disruptive innovation crept up to peak levels this year. It seems that every time you hop on a quarterly earnings call, the CEO mentions innovation. But it’s more than simple disregard for the quarterly pressures of the public markets that powers these industry behemoths.

Long-term 14

Long-term Innovation Company IPO 14

Harvard Business Review

MAY 26, 2014

The traditional advice, from Clayton Christensen’s work on disruptive innovations and Michael Tushman’s on organizational ambidexterity , is to set up the new activity as a separate unit, reporting to a manager at the corporate headquarters who can sponsor the new activity and help to integrate it with the rest of the company.

Mass Marketing 13

Mass Marketing Brand Disruptive Innovation Advice 13

Harvard Business Review

JANUARY 17, 2011

But they just couldn't get it right — the company has rarely been able to bring innovations to market without seeing someone else do it first, and this instance was no different. Their tablet should have been about disrupting the PC market with something light, cheap and simple.

Cost 18

Cost Operations System Marketing 18

Harvard Business Review

JUNE 5, 2013

Marketers constantly tell me that they''re the stewards of the brand and while that sounds good at marketing conferences, it won''t matter at all in a world where customers can have a real relationship with a company through the expanded experience of using its actual products and services. Branding Disruptive innovation Marketing'

Insurance 11

Insurance Brand Disruptive Innovation Download 11

Harvard Business Review

AUGUST 27, 2012

The fact of the matter is that periodically, technologies or business model innovations allow start-ups to enter industries offering services that are generally cheaper and more accessible, but of far lower quality. This is the essence of what we call "disruptive innovation." Barriers to entry be damned.

Rogers 16

Rogers Telecommunications Disruptive Innovation Innovation 16

Harvard Business Review

JUNE 2, 2014

I also love Uber as a student (and teacher) of disruptive innovation theory, because the challenges the transportation company is encountering as it seeks to expand into new cities helpfully illustrate how to assess an idea’s disruptive potential. I clicked three buttons, and my ride was there in 12 minutes. Uber nails this.

Disruptive Innovation 8

Disruptive Innovation Disintermediation Business Model Innovation 8

Harvard Business Review

MARCH 9, 2016

For a new digital technology to deliver a disruptive innovation, a new technology must leverage two things: A new route to market. All disruptive innovators in business have capitalized on a channel of commercialization where the leading firms are not present. A new business model. One example comes from Estonia.

Entrepreneur 8

Entrepreneur Disruptive Innovation Venture Capitalist Business Model 8

Harvard Business Review

NOVEMBER 7, 2017

The lack of narrative is particularly a problem in the relationship between sales and marketing. This behavior is a result of the underlying mental models of sales and marketing. Marketers see the world as campaigns, messages, channels, and audiences. To a marketer, sales is a channel for reaching their audience.

Execution 15

Execution Strategy Metrics Resistance 15