Tag Archives: Disruptive Innovation

Drucker on Innovation Opportunities

Since everyone else seems to be revisiting Christensen’s theory of disruptive innovation these days, the contrarian that I like to be.. I’d like to revisit Drucker – in a positive way. Still the most renowned and cited management consultant in recent times, the Austrian Peter Drucker, offered a radical view of business endeavors.   He claimed the purpose of a business

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Disruptive Innovation in Molecular Diagnostics – IQuum

In my previous blog series, Strategic Planning for New Ventures, I showcased an example of a disruptive innovator in Veracyte, leader in thyroid cancer diagnostics.   Veracyte pursues the specialized CLIA lab business model, offering a unique, high-value test that cannot be obtained elsewhere. In this blog, I profile another innovator, IQuum, which is pursuing the other common model in molecular

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Innovation jargon for cocktail parties – time to sound smart

Back in 1999, minty-fresh from my Sloan MBA and stint at the Boston Consulting Group, I thought I knew all there was to know about ‘survival’ business jargon.  This namely consisted of what I called the ‘big eight’ buzzwords:  The first four related to top-line growth, namely:  Strategy, Competitive Advantage, M&A (when you have no competitive advantage but you have

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Strategic Planning for New Ventures. Part III: The Strategic Choice Canvas

Based on your assessment of the current situation facing your startup or innovation project discussed in my last blog post, the Gut Check (including a good grasp of the past and changing conditions ahead), it is time to put your core idea and inertia through the strategy ringer, or a set of decision-making criteria that should improve your prospects for

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What happened to Blackberry?

What happened to Blackberry? Case of…”you panic, you copy, you die”  – Understand why people buy our product before you copy someone else’s – The smartphone went to the consumer mainstream – consumers didn’t want productivity, they wanted ‘superpowers’, aka Apps and ‘aspirational’ design – doesn’t mean you abandon your corporate base nor refuse to change your business model to

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Mind the Gap. The In-Between Disruptive Innovation Strategy

When John Osher, a serial entrepreneur, was looking to expand his SpinPop Lollypop business, he went ‘prospecting’ with his team.  They paced up and down supermarket aisles looking for gaps in product categories where they could apply their core technology, a small electric motor that would cause a consumer product to spin. During one of their prospecting missions, they noticed

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Strategy is never out of style. My take on Disruptive Innovation

If you love entrepreneurship, you’ve also gotta love or at least appreciate strategy.  Every winning business venture is founded on solid strategy (whether or not the entrepreneur actually knows it or not, which is sort of ironic).  But for us innovation management practitioners, the goal is to demystify the innovation ‘black box’ and notice the underlying patterns that lead to

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