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.

What is innovation?

Harold Jarche

In writing almost 100 posts on innovation since 2007, it’s time to put the core observations together into a cohesive narrative. Innovation is fifteen different things to fifteen different people. Innovation today is people making connections. An Innovation Process?

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.

Open Innovation 2.0

Irving Wladawsky-Berger

I recently read Twelve Principles for Open Innovation 2.0 , an article published last year in Nature by Martin Curley. Let me discuss each of these phases of innovation. Closed Innovation. Innovation was increasingly occurring in the marketplace, no just in their labs.

Are Innovation and R&D Yielding Decreasing Returns?

Irving Wladawsky-Berger

Given the pace of technological change, we tend to think of our age as the most innovative ever. These innovations, first developed in the late 19th and early 20th century, have long been transforming the lives of billions. Innovation may be hitting a wall of diminishing returns.

Innovation in Education: Companies outside of USA?

George Siemens

Innovation in education is getting attention globally. The epicentre of edtech innovation is the USA. New and innovative teaching models through the use of technology are a global focus. What are the most innovative companies that you’ve come across that are NOT US-based Entrepreneurship may well be the force that finally brings structural change to higher education after 800 years.

The Science of Innovation

Irving Wladawsky-Berger

Innovation - identified by MIT economist and Nobel laureate Robert Solow as the driver of long-term, sustainable economic growth and prosperity - has been a hallmark of the Massachusetts Institute of Technology since its inception.” The innovation paradigm has changed.

Innovation catalysts

Harold Jarche

Domino’s Pizza, a global quick-service restaurant company, understands that workers must be active and engaged in their own learning and development. A pragmatic approach for some companies would be to support workers who are already practicing some aspect of PKM. Innovation PKM

Companies and Movements

John Hagel

Movements and companies – what’s the intersection between these two? Sure, there are movements against companies – we all can name dozens of boycotts against specific companies for a variety of reasons, ranging from unfair labor practices to the politics of the countries they’re from. Even the labor movement that gave rise to Labor Day was at one level a movement against companies. But, what about companies that are catalysts and drivers of movements of their own?

Entrepreneurship and Innovation in Large Companies

Irving Wladawsky-Berger

A disproportionate number of entrepreneurial companies are, indeed, small start-ups. But the article then went on to define entrepreneurship as something that applies not only to new or small companies. It defined the term as: “somebody who offers an innovative solution to a (frequently unrecognised) problem. The defining characteristic of entrepreneurship, then, is not the size of the company but the act of innovation.”

The 2018 MIT Inclusive Innovation Challenge

Irving Wladawsky-Berger

In 2016, MIT’s Initiative on the Digital Economy launched its first annual Inclusive Innovation Challenge (IIC). Companies can purchase discarded plastics using its sourcing platform, which provides a source of income for the individuals that collect the plastics.

Disruptive Innovation Revisited

Irving Wladawsky-Berger

Disruptive innovation was first introduced by Harvard Business School professor Clayton Christensen in a 1995 Harvard Business Review (HBR) paper co-written with Joseph Bower. 20 years after its introduction, Christensen has revisited his original concept in What is Disruptive Innovation? ,

Connecting Companies and Markets

Harold Jarche

Management in the Network Era: It is only through innovative and contextual methods, the self-selection of the most appropriate tools and work conditions, and willing cooperation, that more productive work can be assured. Connecting companies to markets in the network era.

networks are the new companies

Harold Jarche

Nilofer Merchant wrote in The New How that, “Permission to innovate without asking happens when the strategy is co-owned.” This is a necessity in an economy where the average company lifespan continues to decrease. And to the earlier point, networks are the new companies.

Serverless Computing - An Innovative Approach to Software Development

Irving Wladawsky-Berger

I was reminded of Siegele’s decade-old article when recently learning about another, relatively new, IT innovation, - serverless computing , - a name that connotes the increasingly disembodied nature of computing. Cloud Computing Innovation Services Innovation Technology and Strategy

Fostering an Innovation Culture: Talent, Discipline and Leadership

Irving Wladawsky-Berger

Innovation has been a hot topic for the past few decades. Companies all over the world have integrated innovation into their overall strategies and marketing campaigns. True innovation is, in fact, not all that much fun. Innovative cultures are paradoxical.

bias thwarts innovation

Harold Jarche

Our analysis suggests that the difference in promotion rates between men and women in this company was due not to their behavior but to how they were treated. Innovation requires diversity. Innovation is not so much about having ideas as it is about making connections.

Institutional Innovation - I Have a Dream

John Hagel

Also, the transformation I am seeking is not what most companies today describe as “digital transformation.” When you look more closely at these initiatives, they tend to be applying digital technology in ways that can help the company do what it’s always done, just faster and cheaper. To accelerate learning, companies will need to unbundle. Everyone talks about transformation these days, but the term is used so loosely that it’s begun to lose all meaning.

The Blockchain and Open Innovation

Irving Wladawsky-Berger

Transformational innovations don’t always play out as originally envisioned. R3 and a number of banks have committed to join this project, as have several technology companies including Accenture, Cisco, IBM, Intel and VMware.

The MIT 2017 Inclusive Innovation Challenge

Irving Wladawsky-Berger

How can we accelerate the transformation of institutions, organizations, and human skills to keep up with the quickening pace of digital innovation? I was really impressed with their innovative ideas, courage and determination as they addressed some of society’s toughest problems.

Once Lumbering, Now Innovative Incumbents Hit Their Stride

Irving Wladawsky-Berger

Even in industries where competitive concentration is increasing, innovation hasn’t – as would be expected – flatlined.”. They’ve outperformed their peers in financial results and innovation over the past three years. In their wake, quite a few companies went under.

Why People and Companies Die While Cities Keep Growing

Irving Wladawsky-Berger

In particular, he wondered if we could apply empirical, quantifiable and predictive scientific methods to help us better understand complex biological organisms and social organizations like cities and companies. How come cities live forever, while companies do not?

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). Upon graduation, we connect our coders with tech companies in need of their talent.”.

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.

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.

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

Chance favours the Connected Company

Harold Jarche

Supporting the creation of social networks can increase knowledge-sharing which can lead to more innovation, especially in networks built on trust. In complex and changing markets, innovation has much higher business value than merely coordinating internal tasks.

Disruptive Innovation

Clark Quinn

I recently came across a document (PDF) about disruptive innovation based upon Clayton Christensen’s models, which I’d heard about but hadn’t really penetrated. This one was presented around higher education innovation (a topic I’ve some familiarity with ;), so it provided a good basis for me to explore the story. The model’s premise is that disruption requires two major things: a technology enabler and a business model innovation.

The Impact of AI on R&D and Innovation

Irving Wladawsky-Berger

Beyond innovations in existing sectors, the rapidly improving price/performance of GPTs have led over time to the creation of whole new applications and industries. Beyond its use by leading edge technology companies, w e’re still in the early stages of AI deployment.

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.

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.

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.

Organizational Innovation

Irving Wladawsky-Berger

Almost seventy years ago, Austrian economist Joseph Schumpeter popularized the term creative destruction to describe the process of transformation that accompanies disruptive innovation. In Schumpeter's vision of capitalism, innovative entry by entrepreneurs was the force that sustained long-term economic growth, even as it destroyed the value of established companies that enjoyed some degree of monopoly power. Companies that once revolutionized and dominated new industries.

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. .

Training Industry Names Xyleme as a Top Learning Portal/LMS Companies 2018 Company to Watch

Xyleme

September 25th, 2018 (Denver, CO and Raleigh, NC) Training Industry released the 2018 Top Training Companies selections for the learning portal/LMS sector. These thought-leaders are looking for innovative ways to change the way learning is created & delivered.

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.

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?

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?

Not all innovation is disruptive

Harold Jarche

Given all the talk about disruptive innovation lately, I thought I’d dust off several posts I have written on the subject and update them. Innovation is the following through part. Innovation

Are Innovation and R&D Yielding Decreasing Returns?

Irving Wladawsky-Berger

Given the pace of technological change, we tend to think of our age as the most innovative ever. These innovations, first developed in the late 19th and early 20th century, have long been transforming the lives of billions. Innovation may be hitting a wall of diminishing returns. In a 2009 paper, The Burden of Knowledge and the ‘Death of the Renaissance Man’: Is Innovation Getting Harder? Innovators can compensate for this increasing knowledge burden in two key ways.

My Latest TEDxTalk “How Schools Can Save Companies From Collapsing”

Dan Pontefract

The Future of Education – Innovation & Inspiration. I decided to take the opportunity to discuss the link between what companies need in terms of graduates … and what schools of all shapes and sizes in the K-16 spectrum ought to be producing.

Innovation. Maybe.

Jay Cross

” Sir John Wolfe-Barry, at a stockholders meeting of the Western Telegraph Company (1907). mails to sell stock to the public in the Radio Telephone Company, “a worthless enterprise.”