Disruptive Innovations and Large Companies

Irving Wladawsky-Berger

A few weeks ago I gave a seminar at an executive management class for a large, global company. The class consisted of up-and-coming executives, roughly in their late 20s and early 30s with 5 - 10 years in the company. The subject of my seminar was Managing Technology-based Disruptive Innovations. Quite a few people think that entrepreneurship in large companies is an oxymoron. Startups are generally organized around one central innovation.

Disruptive Innovation Revisited

Irving Wladawsky-Berger

The recent New Yorker article, - The Disruption Machine: What the gospel of innovation gets wrong , - by Harvard history professor Jill Lepore , has led to a flurry of opinions on disruptive innovation. The New Yorker described the article as “Rethinking the innovation craze.”

Trending Sources

The 7 roles of company directors in driving successful innovation

Ross Dawson

I have just finished running a two-day program in Phuket for the Malaysian Directors Academy on The Innovation Zone: Unleashing the Mindset. The piece is below, providing a high-level view on the role of company directors in driving innovation. Five domains of innovation.

The Rise of the Global Superstar Company

Irving Wladawsky-Berger

The current rise of large companies is somewhat unexpected. Big, multinational companies dominated most industries, - from GM, Ford and Chrysler in cars to Esso/Exxon, Mobil and Texaco in oil and gas. Companies popped up to solve specific problems and then disappeared.

Should Your Company Get on the Blockchain Learning Curve Now or Wait?

Irving Wladawsky-Berger

The Internet and associated technologies like smartphones and cloud computing have significantly lowered the costs of collaboration and experimentation, enabling innovations to emerge more rapidly. What should your company do? Organization and culture.

The Connected Culture

Dan Pontefract

A ‘ connected culture ’ is one that simultaneously drives organizational clarity with precarious innovation. A ‘ connected culture’ , in its simplest, orderly and most chaotic form, refers to the point at which all employees act as one corporate organism. Innovation Identity.

Innovation is a network activity

Harold Jarche

In business, attention is paid to innovative individuals, especially those who go on to become captains of industry. But of more importance is the ability of the network (society, organization, company) to stay connected to its collective knowledge in order to keep innovating.

The Complex Nature of Cloud-based Innovation

Irving Wladawsky-Berger

I find it helpful to look at cloud along two key dimensions: as a technology to improve IT productivity, and as a platform for enabling business innovation. Only one company in six viewed cloud as a way of fostering business innovation.

Scale and Complex Systemic Innovation

Irving Wladawsky-Berger

The column addresses a fundamental question that those studying innovation have been wrestling with for years: “Are big companies the best catalysts of innovation, or are small ones better?” The column is based on a recent study - Scale and Innovation in Today’s Economy - by Michael Mandel , chief economic strategist of the Progressive Policy Institute. As a result, there are reasons to believe that scale may be a plus for innovation in today’s economy, not a minus.”

innovation means learning at work

Harold Jarche

“So it is important to understand that there is no one-size-fits-all philosophy in terms of successful innovation. Innovation is continuous. Successful innovators and entrepreneurs all embrace change and the risks that they pose. Innovation and Learning. Innovation

The Blockchain and Open Innovation

Irving Wladawsky-Berger

Transformational innovations don’t always play out as originally envisioned. The Internet and World Wide Web introduced a culture of standards to the IT industry. It’s too early to know if the blockchain will become another major transformational innovation.

The 2016 MIT Inclusive Innovation Awards

Irving Wladawsky-Berger

Several months ago, MIT’s Initiative on the Digital Economy launched its first annual Inclusive Innovation Competition (IIC). MIT is one of the world’s top research universities, renowned as well for its entrepreneurial culture.

Market-facing Innovation Labs

Irving Wladawsky-Berger

But, they are being reincarnated in our 21st century information economy as market-facing innovation labs, with significantly different and broader scopes than those of the original industrial economy research labs. Most of these labs were established by large, successful industrial companies in the years after World War II. Does this mean the days when companies came up with big breakthroughs are over, too?

The Connected Culture

Dan Pontefract

A ‘ connected culture ’ is one that simultaneously drives organizational clarity with precarious innovation. A ‘ connected culture’ , in its simplest, orderly and most chaotic form, refers to the point at which all employees act as one corporate organism. Innovation Identity.

OMG, its culture change time

Dave Snowden

If in doubt, blame the culture seems to be a golden rule in consultancy and management alike. He starts by belittling the its the way we do things around here definition of culture by referencing the hopelessness of conventional attempts to change process.

The Internet, Blockchain, and the Evolution of Foundational Innovations

Irving Wladawsky-Berger

The concept of disruptive technologies, as defined by Clayton Christensen 20 years ago, has become widely accepted as a way of thinking about innovation-driven growth, but it’s been often misunderstood and misapplied.

Intervention Design: Overcoming Stiff Resistance to a New, Disruptive Innovation

Irving Wladawsky-Berger

With four articles on the subject, HBR ’s overriding message is that design is no longer just for physical products, being increasingly applied to customer experiences, innovation, business strategy, and complex problem solving. .

If Your Enterprise Social Network Is a Ghost Town It’s Probably Due To Your Corporate Culture

Dan Pontefract

One I know thousands of other companies and organizations are struggling with at this very moment. Tell me, would you describe your culture as one that is open or closed? Do you and your employees operate in a culture of fear or is it a relatively harmonious and engaged environment?

Stop Killing Your Corporate Culture

Dan Pontefract

According to Waterstone Human Capital and their 2010 Canadian Corporate Culture Study Results : 71 per cent of respondents say their organization’s corporate culture drives sales and revenue. This would definitely help stop many corporate cultures from being killed.

Innovation as a Journey into the Future

Irving Wladawsky-Berger

I recently read an excellent innovation report, - Strategic Orientations for Innovation: Chile in the 2025 Horizon. He was a Senator then, a position he held from March of 2002 until his appointment to president of the Innovation Council.

Culture is entangled

Dave Snowden

Another Gaping Void cartoon for this second post on culture, which makes the point that change initiatives come and go but relationships that we build can last for ever. In practice (and in theory) culture is tangled, indistinct and difficult to tie down. Innovation Polemic Strategy

Revolutionary, Ordinary Innovation

Irving Wladawsky-Berger

While the Square technology is very cool indeed, Davidoff’s key point is the ordinary nature of the innovation in question. The deal not only has the potential to change the way people pay for coffee and everything else, it also shows how small innovation applied to everyday tasks may be the next new thing for venture capital. Call it the rise of the ordinary innovators. Such major lab-based disruptive technologies are at one end of the innovation spectrum.

Using network perspectives to visualize changing culture and meaning

Ross Dawson

I’m a big fan of Tim Stock ‘s work, which weaves together a deep network perspective with a rich view of how culture is changing informed by semiotic analysis. I earlier shared one of his presentations in a post on how the culture of luxury is changing.

Transmedia Storytelling and Collaborative Innovation

Irving Wladawsky-Berger

Marketing and communications are essential when introducing a disruptive innovation in the marketplace, given the need to explain what the new initiative is all about to key constituencies including clients, analysts and reporters. I believe that developing and communicating the storyline behind a disruptive innovation requires the close involvement of those who best understand and care about the new initiative and offerings.

Cloud and “Game Changing” Business Innovation

Irving Wladawsky-Berger

Earlier this year, IBM’s Institute for Business Value published a very good report - The Power of Cloud: Driving Business Model Innovation. Recent technology and social connectivity trends have created a perfect storm of opportunity for companies to embrace the power of cloud to optimize, innovate and disrupt business models,” is the study’s overriding conclusion. .

“Never get sucked into the ‘company knows best’ approach to your career”

Jane Hart

Always remember that YOU are in charge of your career Never get sucked into the “company knows best” approach to your career.” If they went further, and were also facilitating the ability for the organization to continually innovate – fostering communication and collaboration via tools, practices, and culture – they’d be key to getting people to provide their best. And watch your company take off.”

Principles for Managing Strategy and Innovation

Irving Wladawsky-Berger

Through the years, I have been intrigued by the number of once powerful companies that are no longer around. Companies that are unable or unwilling to adapt to the changes in such a Darwinian climate will become marginalized or extinct. In the IT industry, I have seen many once leading companies disappear altogether or become shadows of their former selves. IBM's near-death experience in the 1990s was very painful for me personally and for all us in the company.

Big-Bang Disruptions: The Innovator’s Dilemma in the Digital Economy

Irving Wladawsky-Berger

It was later expanded into a book, Big Bang Theory: Strategy in the Age of Devastating Innovation published this past January. . The authors’ key premise is that innovation is once more undergoing drastic changes, driven by the exponential advances in digital technologies. Companies are now able to create products that are simultaneously better, cheaper and more appealing than those of competitors. No company or industry is immune.” .

Innovation Hubs in the Global Digital Economy

Irving Wladawsky-Berger

Disruptive innovations, - like the power looms allegedly smashed by protesting Luddites, - have been displacing human labor for the past two centuries. Over time, these same disruptive innovations rejuvenated the economy, and led to the creation of new industries and jobs.

Enabling Innovation – Book

Harold Jarche

Tweet I had the pleasure of writing an article for the book, Enabling Innovation: Innovative Capability – German and International Views as a follow-up to some work I did with the EU’s International Monitoring Organisation.

Embracing Disruptive Innovations: Organizational Challenges

Irving Wladawsky-Berger

I was asked to talk about the organizational challenges that companies generally face when embracing disruptive innovations like those being developed by ID3. Managing a Disruptive Innovation Initiative. There are many reasons why disruptive innovations fail in large companies.

Innovation is not a repeatable process

Harold Jarche

Can innovation be promoted through better processes? I have not been able to find any regular correllation between well adopted innovation processes and actual innovation outcomes, and I’ve been looking pretty hard. This is how we create a culture of innovation.

An Emerging Platform for Digital, Inclusive Innovation

Irving Wladawsky-Berger

The Internet became an incredible platform for innovation, enabling startups, large institutions, and everyone in between to quickly develop and bring to market many new digital products and services. Its reach and connectivity led to the creation of all kinds of innovative, digital applications. Together, these advances are giving rise to an Internet-based platform for digital, inclusive innovations. Inclusive innovation is a relatively new concept.

The “Recombinant” Nature of Digital Innovations

Irving Wladawsky-Berger

These kinds of apps were relatively easy to implement, yet so useful that they helped convince companies that the Web was something real that they had to pay attention to. Companies were thus able to engage in their core transactional activities in a much more productive and efficient way.

Micro-blogging can help build your organisational culture

Dan Pontefract

In the corporate world where deadlines are rampant, constant innovation is indispensable, workloads are mounting, and financial pressures are omnipresent, it’s no wonder the employees of many organisations feel as though they are disconnected from one another.

A Great Stagnation or a New Golden Age of Innovation?

Irving Wladawsky-Berger

These new ventures continue to attract more and more financial capital from investors, which in turn helps improve the quality and lowers the cost of the new disruptive technology and leads to many new innovative applications. But inevitably, the investments in new companies and applications turns into unsustainable speculation, leading to a financial bubble which eventually crashes. The 1700s and 1800s yielded revolutionary innovations in industry, chemistry, and electricity.

Technology, Media and Culture - the Best of Times or the Worst of Times?

Irving Wladawsky-Berger

USC’s Annenberg Innovation Lab (AIL) was founded in 2010 to study the transformational impact of technology on culture and on the media industries. How can you best understand the impact of disruptive technologies on something as deeply human as culture?

Six characteristics supporting excellence in service delivery innovation

Ross Dawson

Last Friday, after delivering the breakfast keynote at CPA Congress in Brisbane (more on that in another post), I ran a half-day workshop at the partner offsite of a national accounting firm network on the theme of Disruption and Innovation in Professional Services. However in professional services probably the most important domain is service delivery, in which extraordinary possibilities for innovation have opened up in the network economy. Continuous innovation.

Is the Link Now Broken Between Innovation, Jobs and a Higher Standard of Living?

Irving Wladawsky-Berger

Last week I wrote about innovation in the digital economy and some of the puzzling questions we are now wrestling with. Is innovation accelerating or slowing down? Previous technological innovation has always delivered more long-run employment, not less.

User-Led Innovation Can’t Create Breakthroughs

Steve Denning

Jens Martin Skibsted and Rasmus Bech Hansen have an interesting article in Fast Company arguing (correctly) that companies should lead their users, not the other way around. The mythology is that “the user is king… Companies must become user-centric.