N2Growth Blog

JUNE 14, 2010

So, in today’s post I’ll examine the power of disruption as a key business driver… Disruptive business models focus on creating, disintermediating, refining, reengineering or optimizing a product/service, role/function/practice, category, market, sector, or industry. When was the last time you rolled-out a new product?

Business Model 300

Business Model Blog Disruptive Innovation Brand 300

Skip Prichard

SEPTEMBER 20, 2020

Only those who are able to reinvent themselves, imagining new solutions, and developing new products and services to be relevant in the future will be poised to thrive. The definition I like to use is the that the person or team responsible ‘seeks problems to solve’ and where Insight + Ideas + Impact = Innovation.

Innovation 104

Innovation Drucker Supply Chain Influence 104

Strategy Driven

JUNE 29, 2016

How do organizations achieve longevity, the kind of longevity that survives long past the founder or any particular leader or leadership team? It is fashionable today to have management committees, at various organizational levels, working as teams. Teams can be entrepreneurial, but they first need to function effectively as a team.

Supply Chain 52

Supply Chain Real Estate Resistance Competitive Advantage 52

Harvard Business Review

JANUARY 24, 2020

Understanding these pieces is critical for strategy teams, product development units, and organizational leaders.

Christensen 8

Christensen Article Strategy Productivity 8

Harvard Business Review

JUNE 28, 2018

Consistent with these famous case studies, scientific research shows that creativity and innovation can be enhanced by reducing team harmony. Likewise, a review of theoretical and quantitative studies showed that teams are often more creative when they have fewer rather than more resources (for example, time, money, and people).

Creativity 13

Creativity Team Christensen Innovation 13

First Friday Book Synopsis

APRIL 26, 2012

Todd Henry is the founder and CEO of Accidental Creative, a company that helps creative people and teams generate brilliant ideas. He regularly speaks and consults with companies, both large and small, about how to develop practices and systems that lead to everyday brilliance.

Creativity 70

Creativity Consultative CEO System 70

Harvard Business Review

SEPTEMBER 11, 2015

Over the past six years, we have put in place a 30-person consulting team at EMC Information Infrastructure (EMC II) using a model we have found to be successful, winning projects away from external management consulting firms at a fraction of the cost, and with great “client” (that is to say, EMC) satisfaction. Win on merit.

Consultative 8

Consultative Team How To McKinsey 8

Harvard Business Review

DECEMBER 17, 2012

For Clayton Christensen, this is a basic flaw of incumbency. Successful firms have an established customer base, most of whom are satisfied with the products they are purchasing. Another, we suggest here, is to put lead users into your top management team and rely on them to force change onto the main organization from inside.

Christensen 8

Christensen Disruptive Innovation Mass Marketing Wireless 8

Harvard Business Review

JUNE 7, 2012

Barriers to entry are decreasing and disruptive entrants are surging, a recipe that both Michael Porter and Clayton Christensen could agree augurs poorly for industry returns. Clayton Christensen likes to describe how, in the early stage of theory development, people make predictions based on observed correlations.

Venture Capitalist 15

Venture Capitalist Christensen Incubator Porter 15

Harvard Business Review

JUNE 7, 2012

Barriers to entry are decreasing and disruptive entrants are surging, a recipe that both Michael Porter and Clayton Christensen could agree augurs poorly for industry returns. Clayton Christensen likes to describe how, in the early stage of theory development, people make predictions based on observed correlations.

Venture Capitalist 13

Venture Capitalist Christensen Incubator Porter 13

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. However, in the process of unleashing this potential, leaders must make sure their innovators develop sustainability.

Innovation 15

Innovation Company ROI Disruptive Innovation 15

Harvard Business Review

OCTOBER 2, 2014

As Steve Blank, Clay Christensen, and many others have pointed out, once firms reach a certain size, most of their resources (and investment dollars) are rightly devoted to executing and defending their existing business model. product vs. operational) and referenced the same stages (e.g. It’s not easy for big companies to innovate.

Innovation 9

Innovation Metrics Christensen Workshop 9

Harvard Business Review

AUGUST 1, 2012

"You have to deliver $300 million in incremental growth by 2015," the business unit head told the leader of his innovation team. Innosight cofounder Clayton Christensen memorably termed this the "growth-gap death spiral" in his 2003 book The Innovator's Solution ). How about new product introductions?

Innovation 14

Innovation Planning Kahneman Tversky 14

Harvard Business Review

MARCH 23, 2016

By contrast, disruption, and particularly demand-side disruption of the type put forward by Clay Christensen, is a force that relies on a steady process of picking off one customer at a time. Both companies, while under a corporate umbrella, operate as independent brands with largely independent development teams. Conceivably.

Film 8

Film Christensen Short-term Software 8

Harvard Business Review

FEBRUARY 25, 2014

Develop deep expertise — your best risk-mitigation strategy . The most important way to mitigate risk is to become excellent at either engineering, product, selling, or operations and management. Lean Product Development and Customer Development processes) decreases the chance of a startup’s failure.

Career 8

Career Company IPO Christensen 8

Harvard Business Review

MARCH 16, 2018

Note the far-reaching production changes Jean-Dominique Senard has made at Michelin to empower and engage workers. Management teams set themselves up for these assaults, he claims, when they fail to articulate compelling long-term strategies—visions of the future informed by “a sense of purpose.”

Drucker 13

Drucker Long-term Short-term Decentralization 13

Harvard Business Review

DECEMBER 10, 2010

These days, you're as likely to see "innovative" on any given job description as you are to see "strong communication skills" or "team player." Jeffrey Dyer, Hal Gregersen, and Clayton Christensen identify five "discovery skills" that make for innovative mindsets: associating, questioning, observing, experimenting, and networking.

Innovation 15

Innovation Chief Operating Officer Christensen Objective 15

Harvard Business Review

APRIL 26, 2011

All the techniques and mental tricks executives develop over time to run established businesses can be completely counter to what is needed to successfully innovate. Send the team to school. It is always worth asking whether you have really created a team whose capabilities align with the task at hand. Look for the aliens.

Sports 14

Sports Christensen Innovation Class 14

Harvard Business Review

JANUARY 3, 2017

They too developed a business model based on a pool of freelance consultants, but rather than rely on a database, a matching platform, or some other digital search function, they understood that in their business – high end strategy consulting – there was no substitute for really knowing people.

McCallum 13

McCallum Competitive Advantage Business Model Consultative 13

Harvard Business Review

SEPTEMBER 17, 2013

As Clay Christensen and colleagues point out in the latest issue of HBR , the consulting industry is ripe for disruption. Of course with some types of consulting – where the explicit contract is to produce a technical product or system – it may be perfectly appropriate.

Consultative 8

Consultative Definition Christensen Constraint 8

Harvard Business Review

APRIL 30, 2014

Questioning is also seen by many business leaders as “inefficient,” according to the author and Harvard Business School professor Clayton Christensen. This requires a leadership team and work force that is always trying to ask the questions that can light up the big honking issues.”.

Company 11

Company Ries Christensen Innovation 11

Harvard Business Review

MARCH 25, 2016

Production capital took the lead over financial capital and real value over paper value, as Carlota Perez has so well demonstrated in her book Technological Revolutions and Financial Capital. New business models and value propositions are being developed by global teams using web-based tools and communication methods.

Drucker 8

Drucker Long-term Short-term Christensen 8

Harvard Business Review

MAY 8, 2017

In a study of S&P 500 and Global 500 firms, our team found that those leading the most successful transformations, creating new offerings and business models to push into new growth markets, share common characteristics and strategies. The team began by identifying 57 companies that have made substantial progress toward transformation.

Franchising 15

Franchising CEO Business Model Strategy 15

N2Growth Blog

JANUARY 13, 2011

In order for your enterprise to turn an idea into a monetizing and/or value creating event you should develop a strategic plan that attempts to measure the idea against the following 15 elements: 1. It should be developed as a solution to a problem or to exploit an opportunity. I look forward to hearing more from you.

Blog 373

Blog Innovation Strategic Planning Brand 373

Harvard Business Review

MAY 30, 2013

He had developed an extensive plan, and had the promise of grant money behind him. It''s not about price, or code, or agile development. He is currently creating new businesses inside the Hearst Corporation, where he''s been driving the development of Manilla.com for almost 2 years. Patient capital.

Company 9

Company Ries Maturity Innovation 9

Harvard Business Review

JUNE 12, 2013

The approach echoes Ted Levitt''s famous comment about selling ¼ inch holes rather than ¼ inch electric drills, and advocates a mindset shift away from selling products to "doing jobs" that solve customers'' problems. This then allows the development of specific solutions for each segment. They just ignored them.

Ramaswamy 8

Ramaswamy Levitt Prahalad Christensen 8

Harvard Business Review

JANUARY 8, 2015

Innovators lower the risks of moving beyond their comfort zones by breaking down new-product development into a series of small, low-risk, low-cost experiments designed to test the assumptions behind a new offering. Our favorite way to think of this is in terms of what Clay Christensen has famously called the “ job-to-be-done.

Innovation 8

Innovation Business Model Uncertainty Advertising 8

Harvard Business Review

JUNE 10, 2014

(See comments by Clayton Christensen and Mark Cuban ). Still, most colleges are lucky if they can afford even a small team charged with developing new lines of business and new business models. There are examples of universities forging ahead.

Real Estate 8

Real Estate Education Disruptive Innovation Asset Management 8

Harvard Business Review

SEPTEMBER 20, 2013

For example, a product evaluating nonprofit organizations may be highly useful to a wealth manager seeking to help his client to select a charity as part of a value-added tax efficiency service. Implement the test programs with defined roles and responsibilities for the Test Program Owner, as well as the execution team.

Execution 8

Execution Metrics Content Christensen 8

Harvard Business Review

FEBRUARY 7, 2013

Apple gets mobile apps from independent software developers. That's essential to tweaking products and marketing campaigns — or overhauling them when necessary. How can you organize a fragmented team of internal and external people to improve the customer experience, rather than optimize each party's objectives?

Organization 8

Organization Supply Chain Team Outsourcing 8

Harvard Business Review

JUNE 21, 2017

It was an unusually complex problem, so the firm set up a team of crack microchip designers, and they started putting their heads together. About 45 minutes into their first working session, the marine biologist assigned to their team walked in with a bag of clams and set them on the table. Related Video.

Innovation 22

Innovation Disruptive Innovation Christensen Open-book 22

Harvard Business Review

FEBRUARY 15, 2012

But you know, my leadership team is smart. They particularly struggle to handle industry transitions when answers come not from the Microsoft suite of products but from somewhat disorderly discovery in the marketplace. But companies that follow this approach don't develop a capability to create new growth businesses.

Innovation 14

Innovation Gilbert Govindarajan Christensen 14

Harvard Business Review

OCTOBER 11, 2013

When I suggested to Clayton Christensen that we partner with Hatkoff to create the Tribeca Disruptive Innovation Awards , Clay’s response was : I trust you Whitney. Today, she’s the Head of Stakeholder Engagement for their in-development Dengue Fever vaccine — one of Sanofi’s largest business initiatives.

Innovation 11

Innovation Christensen Decisionmaking CTO 11

Harvard Business Review

DECEMBER 31, 2012

R&D and product development launch products that receive tepid responses. In doing research for my book , I found that companies who are attracting buyers in today's hyper-connected world are developing new approaches and competencies that focus on one thing: customers. Find your customer product developers.

CEO 8

CEO Airlines Marketing Software 8

Harvard Business Review

SEPTEMBER 10, 2015

Holacracy was supposed to revitalize the online shoe store’s culture and its reputation as a fun place to work, but the ever-expanding circles of responsibility that have emerged within the company and the resultant endless meetings are becoming a drain on productivity. The pace of change must also be deliberate and well-orchestrated.

Proposal 8

Proposal Self-aware Engineering CEO 8

Harvard Business Review

JUNE 23, 2015

The executive team of a consumer healthcare company had concluded that the rise of new competitors meant the company needed to up its innovation game. This doesn’t necessarily mean setting up a department, but at the very least develop a set of criteria by which to judge ideas and have suggestions for how the best ideas can be acted on.

Innovation 8

Innovation Company Six Sigma Constraint 8

Harvard Business Review

MARCH 14, 2017

Clay Christensen's landmark theory -- in under two minutes. Both small startups and large-scale technology companies are eyeing the possibilities this presents, and some are teaming up. IBM, for example, is partnering with startup Loyyal to develop blockchain infrastructure for loyalty and rewards programs. Related Video.

Loyalty 12

Loyalty Customer Loyalty Travel Hotels 12