" The term, 'disruptive innovation' was popularized by the American academic Clayton Christensen and his collaborators."
The introduction of new products or services that disrupt traditional industry models and create new markets.
Definition of Disruptive Innovation: An explanation of what constitutes disruptive innovation and how it differs from other types of innovation.
The Innovator's Dilemma: The concept of the innovator's dilemma, which refers to the tendency for established companies to focus on incremental improvements instead of disruptive innovation.
Market Segmentation: The importance of market segmentation in identifying potential opportunities for disruptive innovation.
Value Chain Analysis: An analysis of the interactions between different stages of the value chain and how disruptive innovation can affect these interactions.
Business Model Innovation: An overview of the different types of business model innovation and how they can be used to disrupt established markets.
Technology Adoption: An exploration of how technology adoption trends can lead to disruptive innovation.
Customer Needs and Behavior: Understanding customer needs and behavior is essential for developing disruptive innovation strategies.
Industry Dynamics: Understanding the competitive dynamics of an industry is critical for identifying opportunities for disruptive innovation.
Intellectual Property: Understanding the role of intellectual property in disruptive innovation and how it can be used to protect new business models.
Organizational Culture: The importance of organizational culture in fostering a culture of innovation and embracing disruptive innovation.
Business Strategy: The role of business strategy in developing and executing disruptive innovation strategies.
Entrepreneurship: The role of entrepreneurship in disruptive innovation and how entrepreneurs can create disruptive innovations that challenge established markets.
Agile Innovation: The concept of agile innovation and how it can be used to speed up the development and adoption of disruptive innovations.
Design Thinking: An overview of design thinking and how it can be used to develop disruptive products and services.
Open Innovation: The role of open innovation in disruptive innovation, including the use of crowdsourcing, partnerships, and collaborative innovation.
Business Model Canvas: An overview of the business model canvas and how it can be used to develop disruptive business models.
Lean Startup Methodology: An explanation of the lean startup methodology and how it can be used to develop and validate disruptive business models.
Resource Allocation: The importance of resource allocation in developing and executing disruptive innovation strategies.
Strategic Alliances: The role of strategic alliances in developing and executing disruptive innovation strategies.
Digital Transformation: The importance of digital transformation in enabling disruptive innovation in today's fast-paced, technology-driven business environment.
Low-end disruption: Offers an affordable yet inferior alternative to existing products or services.
New-market disruption: Introduces a product or service to an entirely new market, targeting non-consumers.
Network effect disruption: Relies on a network of users to create value, making it difficult for rivals to compete.
Business model innovation: Changes core business elements such as pricing, distribution, and customer engagement.
Reverse innovation: A product or service designed for a developing country is brought back to developed markets.
Process innovation: Improves the way products or services are created, delivered, or distributed to customers.
Open innovation: Collaborates with external sources in research, development, or commercialization.
Platform innovation: Creates a platform that brings together producers and consumers in a new and more efficient way.
Brand disruption: Introduces a new brand identity or market positioning that challenges established industry norms.
Convenience innovation: Focuses on making the product or service more accessible, easier to use or simpler.
Modular innovation: Breaks down complex products or services into smaller, more manageable pieces that can be customized.
Sustainable innovation: Creates products or services that are environmentally or socially sustainable.
"Beginning in 1995."
"The concept had been previously described in Richard N. Foster's book 'Innovation: The Attacker's Advantage' and in the paper Strategic Responses to Technological Threats."
"No, the first automobiles in the late 19th century were not a disruptive innovation."
"Early automobiles were expensive luxury items that did not disrupt the market for horse-drawn vehicles."
"The market for transportation essentially remained intact until the debut of the lower-priced Ford Model T in 1908."
"Disruptive innovations tend to be produced by outsiders and entrepreneurs in startups, rather than existing market-leading companies."
"The business environment of market leaders does not allow them to pursue disruptive innovations when they first arise because they are not profitable enough at first and because their development can take scarce resources away from sustaining innovations."
"Small teams are more likely to create disruptive innovations than large teams."
"A disruptive process can take longer to develop than by the conventional approach."
"The risk associated with it is higher than the other more incremental, architectural, or evolutionary forms of innovations."
"Once it is deployed in the market, it achieves a much faster penetration and higher degree of impact on the established markets."
"Yes, disruptive innovations can also be considered to disrupt complex systems, including economic and business-related aspects."
"Through identifying and analyzing systems for possible points of intervention, one can then design changes focused on disruptive interventions."