Different kinds of innovation A top 6 business book in its class according to The Economist, The Innovator’s Dilemma is it profound analysis of why leading companies fail to innovate and ultimately go bankrupt in the wake of disruptive innovation. The Harvard innovation management professor begins by distinguishing two different types of technologies: sustaining technologies and disruptive technologies.  Improving operations Well versed in top-notch execution incumbents excel at improving existing…

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Anticipating disruptive innovation (2 of many…)

Last week, I introduced a pattern of disruptive innovation. My goal : anticipating disruptive innovation. This week and next week, I’ll illustrate how to anticipate disruptive by using a couple of graphs. Again, understanding why once leading companies in their industries got wiped by new entrants is critical to any business. This pattern of disruptive innovation explains why: