article thumbnail

Dinosaurs, Big Consulting Firms and Disruptive Innovation

N2Growth Blog

Christensen calls this “ disruptive innovation ” and gives examples as diverse as the personal computer industry, milkshakes, and steel minimills. WHAT IS A DISRUPTIVE INNOVATION? Consider the now dominant positions of mini mill makers Steel Dynamics and Nucor versus US Steel, which once owned the global steel market.

article thumbnail

Revealing Leadership Insights From Thinkers50

Tanveer Naseer

Technology has clearly paid a huge part in this, but the biggest driver of change in how organizations are run is the ceaseless quest for improvement; to manage more efficiently and effectively to better achieve business results. In The Innovator’s Dilemma , he looked at why companies struggle with radical innovation in their markets.

Insiders

Sign Up for our Newsletter

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

article thumbnail

An Agenda for the Future of Global Business

Harvard Business Review

The promise of global progress has become a reality for many — but not for all. Our global narrative of progress, the implicit case for embracing change in exchange for its fruits, is being increasingly called into question by economically marginalized groups and populist politicians across the globe.

article thumbnail

How Understanding Disruption Helps Strategists

Harvard Business Review

Christensen and two co-authors revisit where disruption theory stands today in a new HBR article, “What Is Disruptive Innovation?” Disruptive innovation theory expands your view, increasing the odds that you spot important trends early. Of course, the more places you look, the more things you see.

article thumbnail

How the Internet Saved Handmade Goods

Harvard Business Review

A recent article in The Economist , citing the work of Ryan Raffaelli at Harvard Business School, points to what it calls a “paradox” in the aftermath of disruptive innovation. Yet the industry will always remain a shadow of its former self, even as the products that disrupted pinball have revenues in the billions.

article thumbnail

The Type of Innovation That Builds Nations

Harvard Business Review

This logic has risen to dominate the discourse in development circles, with government leaders, policy influencers, and development-minded business leaders fully embracing innovation as a panacea for unemployment and economic underperformance. This allows tiny economies to punch above their weight and build globally relevant companies.

article thumbnail

Insurance Isn’t Safe from Digital Upheaval

Harvard Business Review

The industries most susceptible to disruption are those selling information-based services that can be delivered digitally – and a perfect example is the insurance industry. They are using digital technologies to increase their own efficiency and to improve the customer experience. Disruptive innovation'