article thumbnail

Entrepreneurs Need A Detailed Understanding Of Their Customer’s Problems

The Horizons Tracker

This results in a growing amount of market power being concentrated in a small number of incumbents. They then create this idea and attempt to sell it on the market. This can result in our entire worldview revolving around that idea and block out vital bits of information about the market, our customers, and other key stakeholders.

article thumbnail

Disrupt Yourself

Lead Change Blog

Consider this simple yet powerful idea: disruptive companies and ideas upend markets by doing something truly different—they see a need, an empty space waiting to be filled, and they dare to create something for which a market may not yet exist. Dare to innovate. Do something astonishing. Disrupt yourself.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Revealing Leadership Insights From Thinkers50

Tanveer Naseer

And, the winner of the 2013 Thinkers50, Clay Christensen, now sees his ideas of disruptive innovation used and applied by managers in their relentless quest for competitive advantage. In The Innovator’s Dilemma , he looked at why companies struggle with radical innovation in their markets.

article thumbnail

Disruptive Business Models | N2Growth Blog

N2Growth Blog

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 entered a new market?

article thumbnail

New Year. New Leader.

Lead Change Blog

Here they are: Daniel Pink – In 2015, London-based Thinkers 50 named him, alongside Michael Porter and Clayton Christensen, as one of the top 10 business thinkers in the world. Would you like to meet my team? Amy Cuddy – She is known around the world for her 2012 TED Talk, which is the second-most-viewed talk in TED’s history.

Porter 150
article thumbnail

How Innovative Companies Help Frontier Markets Grow

Harvard Business Review

Efosa Ojomo, global prosperity lead at the Clayton Christensen Institute, argues that international aid is not the best way to develop poor countries, nor are investments in natural resource extraction, outsourced labor, or incremental improvements to existing offerings for established customer bases.

article thumbnail

Overcoming the Barriers to Corporate Entrepreneurship

Strategy Driven

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. In this sense, the corporate entrepreneur must seek ways to build trust and reliance in the offering from the entrepreneurial initiative.