Skip to main content

What's an Innovation

I am writing this partially because the Innovation class deals with fairly abstract notions (the best kind) and I need to get my mind around it.

All of the innovations fall into two categories: Sustaining and Disruptive. What places them in the these categories is not the idea itself but rather how it's being used.

Sustaining innovations have a single purpose. They make things more, better, cheaper faster. Disruptive innovations are characterized by several very important criterea:

- They have to be addressed to an uderserved or unserved public.
- The have to create a brand new market niche.
- They do not fit on the sustaining S-curve*

The best example of Disruptive innovation is the iPhone.

If Apple positioned the iPhone just as a call phone it would be sustainable innovation. All it did was create a possible better phone, an expensive one. What Apple did correct as they sold it as a brand new mobile computing platoform, allowing for the app content. The Apps content is the key here. Apple is not trying to compete with GPS systems, cell phones or Laptop computers. They created a brand new niche of mobile computing, jumping off the better, faster cell phone curve, which unfortunately Motorolla has been trying to catch up to.

My team, in class, needs to come up with a Disruptive Innovation idea for the final. It's not going to be easy.

-----------------------------------------------------------------------------------
*Quick explanation about the S-Curve. It is a standard product or market curve that starts with a sharp angle from the introduction to growth, goes flatter as the product/market matures, and tapers off at the end of the timeline.Hence looking like an S (flatter of course without the fancy endmarks)

Comments

Popular posts from this blog

Things you never cared to know about Mayonnaise

I have decided to start a new Rubric. Once a week I will write a post about a random subject. Having the subject coming out of MY head, it can be about anything. I constantly have a lot of random "Why?" and "How does?" questions floating around in my head. I will try to explain how I arrived to the subject at hand and promise to do diligent research on Wikipedia and provide you, the unfortunate reader, with either the interesting or unusual bits of info. YOU'VE BEEN WARNED! In addition to that I have a slight fetish for trivia. The rubric will be called: Things you never cared to know about Today's topic is Mayonnaise . How did I arrive to that? As I was making breakfast in the morning, I decided that I wanted to take a pita pocket and stuff it with something. The pitas are usually fairly dry, and you have to toast them. I did not have Hummus or Babaganoush (GOD! I just love saying BA-BA-GA-NOUSHHHHHHHHH!) I put a little Mayo inside to soften it up. So, ther

Crazy ideas - UPDATED

Here's a crazy survey I thought off. If you had a time machine where would you travel first? Assuming the fact of course of universal invincibility. ----UPDATE---- As my brother mentioned, with time travel universally available getting rich schemes would be less than doable. My aim is more towards investigating great mysteries of history. Therefore: a. To the Big Bang b. To see an asteroid killing dinosaurs c. To see the exodus of Jews as it really happened d. Try to see if Jesus hubbub really happened e. Forget the past, I'd go to the year 2020 to see who winds World Series and place a bet accordingly. f. Suggested by Ilya . Back a day or to to purchase winning lottery ticket. e. Try to see if Atlantis existed. f. Travel to the future to see the explosion of our Sun. I am torn between the dinosaurs and the World Series. Please suggest the choices. Should I add Buddha and Muhammed to the list as well? From the curiousity stand-point. I still rather see the dinosaurs.

Weekend update

Finally some beautiful weather here in Chicago. We have decided to go to our regular hunting grounds at Lincoln Park Zoo. We slept well into the morning, picked up our good friends and in the company of four adults and three children went to see the animals. The photographer in me was screaming bloody murder to go out and make pictures. Thankfully my wife was very tolerant this time around with me running around like a madman taking picture of anything that moved. Lincoln Park Zoo is a great little place. It's free (if you don't consider $17 parking) they have all the animals kids love to see, and none of the animals where you stand scratching your head wondering how do you explain platipus to a 5-year-old. One bad thing that happened today, is I think i forgot to close the car, and somebody got in and stolen my Magellan GPS. Luckily nothing else was in the car, so other then that the car remained untouched. Unpleasant, but I have only myself to blame, and I think I'll live