Preview

Innovation Management - Disruptive Innovation

Powerful Essays
Open Document
Open Document
1606 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Innovation Management - Disruptive Innovation
Assignment Question 1:

The articles by Bower & Christensen (1995) and Markides (2006) discuss several types of innovation: disruptive technologies, radical innovations and business model innovations.

a) Please describe in your own words (but based on the articles) what the following concepts mean: (i) business model innovation, (ii) radical innovation, and (iii) disruptive technologies. b) Please explain how according to Markides (2006) business model innovation differs from disruptive technologies? c) Please consider the following statements: - Nintendo’s Wii is a disruptive technology - Nintendo’s Wii is a radical innovation - Nintendo’s Wii is a business model innovation For each of these statements state whether it is true or false. Use examples from the case to support and explain your answer.

Assignment Question 2:

In their article, Bower and Christensen (1995) make some statements regarding which organizations are more likely to come up with disruptive technologies.

a) Bower and Christensen (1995) state that strong customer focus inhibits creating disruptive technologies. Do you agree with this statement? Explain why this statement is correct and/or wrong. How does this statement apply to the Nintendo case? Please support your answers with examples. b) Bower and Christensen (1995) state that large companies are less likely to create disruptive technologies. Do you agree with this statement? Explain why this statement is correct and/or wrong. How does this statement apply to the Nintendo case? Please support your answers with examples.

Assignment Question 3:

Innovations can provide competitive advantages. Therefore, it is important to constantly innovate. However, it is also essential to be prepared for the disruptions created by the competitors and strategically respond to them. Based on Bower & Christensen (1995) and Markides (2006), please answer the
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Good Essays

    History 1302: Chapter 19 Study Guide
    • 515 Words
    • 3 Pages

    History 1302: Chapter 19 Study Guide

    5). In order to cope with the immense growth of sophisticated new industries, visionary men were needed, and new business models had to be created. What were 3 such models (a hint: one of them is a combination of the other two)? How did they work? Give an industry where they were employed, and what entrepreneur is most closely associated with that industry and that particular model.…

    • 515 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Law 421 Week 3 Analysis
    • 809 Words
    • 4 Pages

    Law 421 Week 3 Analysis

    The team is to recap what was learned from last week’s assignments, readings, and discussion from class. As a team, each member ranked the six factors of innovation, and a final ranking was agreed upon. A brief description of the assignment will be discussed, highlighting the outcome. Innovation is essential for businesses to remain competitive, and the business not promoting innovations are losing portions of the market. The team learned the Seven Innovation rules to help us rank the six factors of innovation. The rules provided an understanding of the importance innovation plays in an organization to grow and survive in the technology world that exists. The conclusion will highlight the differences between standard…

    • 809 Words
    • 4 Pages
    Good Essays
    Read More
  • Best Essays

    Cigna V Aetna
    • 3050 Words
    • 13 Pages

    Cigna V Aetna

    Innovation expert Tom Kelly recently stated "it's not enough to be an innovator anymore. You have to out-innovate the competition." (Kelly, 2006). Interestingly, it would…

    • 3050 Words
    • 13 Pages
    Best Essays
    Read More
  • Better Essays

    Influences that helped Nayar to create a more innovative organization
    • 853 Words
    • 4 Pages

    Influences that helped Nayar to create a more innovative organization

    References: Dyer, J., Gregersen, H., & Christensen, C.M. (2011). The Innovator 's DNA: mastering the five skills of disruptive innovators. Boston, MA: Harvard Business Review Press…

    • 853 Words
    • 4 Pages
    Better Essays
    Read More
  • Powerful Essays

    Clayton Christensen Commercial Enterprises Summary
    • 2117 Words
    • 9 Pages

    Clayton Christensen Commercial Enterprises Summary

    Therefore at a specific point the product performance exceeds the market need. As far as customers agree that the money they spend for a product is an overall good investment it works out. But if the feeling rises that part of the product is not worth to pay for, they look for alternatives. At that point a disruptive innovation, as described before, has the possibility to get a foothold in the market by offering a product which is cheaper and serves the basic needs of the customer. A current example is the shift from normal fixed line phones to internet services like Skype. More and more customers are not satisfied with the rising prices of telecommunication services argued through a wider range of services. A lot of these services like video calls offered through telephone companies are not important for their customers. Therefore they look for alternatives that offer a smaller range of services for less the price of a fixed line service. In this case Skype is a disruptive innovation that is in a niche market since ten years but gets its foothold in the main telecommunication market through the fact that competitors overshoot their customer needs (Anthony 2007). Many examples are known where established market leader lost their leading position to unknown small competitors through a disruptive innovation. Christensen especially focuses on the disc drive industry in the United States. In his studies he unveiled why many established companies fail to invest in disruptive…

    • 2117 Words
    • 9 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Case Study 1
    • 516 Words
    • 2 Pages

    Case Study 1

    Can you map the different kinds of innovation in the case study? Which were incremental and which radical/discontinuous? Why? Give examples to support your answer.…

    • 516 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    marking guide
    • 333 Words
    • 2 Pages

    marking guide

    Types of innovation within business (paragraphs) 4 marks Definition and purpose of IP Types of IP (define and apply to business product Outline process/s follow to register IP 3 marks 5 marks 8 marks Business Operations Outline economic factors affect business function identify economic factor explain the economic factor discuss how it affect business function apply to business 2 marks 4 marks 4 marks 2 marks /27 Explain consumer spending during - economic growth - economic downturn How affects business operations 2 marks 2 marks 5 marks Business spending patterns (include examples where possible)…

    • 333 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Revolution
    • 1570 Words
    • 7 Pages

    Revolution

    According to Adcroft and Willis (2000), the innovation paradigm is where the emphasis is on revolutionary change of the products and processes thus creating a new market itself.…

    • 1570 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Definitions Paper Oi/361 Essay Example
    • 523 Words
    • 3 Pages

    Definitions Paper Oi/361 Essay Example

    Innovation- This term is short means the equal of creativity plus implementation (Stamm, 2003). Implementation is key to innovation, and without this you simply have creativity. There are four types of innovations referenced within the reading. Architectural innovation is the framework of a product and its marketing. Market niche innovation deals with new markets opening through the use of technology in order to strengthen already established designs. Regular innovations take what is already there and betters the process to enrich existing skills and resources. Finally there is Revolutionary innovation, this type of innovation flips the currents standard on its ear and completely changes the way we look at a process or product. The implications of innovation on business is what drives competition and success or failure. Understanding the current and future needs of the consumer can go along way into properly creating a successful business plan. An example of Market niche innovation would be with Apple introducing the Ipad. This was not a new idea, but Apple put a human spin on it and made the Ipad a household must have.…

    • 523 Words
    • 3 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Disruptiv and Value Innovation
    • 1943 Words
    • 8 Pages

    Disruptiv and Value Innovation

    Many companies allow their competitors to set guidelines of their strategic thinking. They compare their strengths and weaknesses with strengths and weaknesses of their competitors. After, they begin to focus on building products that are better than the original products. This type of thinking opens the door for disruptive innovation. Disruptive innovation has proven time after time to have an advantage in developing creatively through the theories of innovation. Disruptive innovation created an advantage over the competition when a plan was developed correctly. Companies are developed with the goal of success in mind. In order to do so, these same companies must be willing to adhere to its main focus and not focus on its competitors. “One of the most striking findings of our research is that despite the profound impact of a company’s strategic logic, that logic is often not articulated. And because it goes unstated and unexamined, a company does not necessarily apply a consistent strategic logic across its businesses” (Kim & Mauborgne, 2004). Companies often lose focus of their overall goal causing failure. In today’s times, companies need to develop a strategy that keeps focus on themselves and not the competitor. Due to shared innovation, disruptive innovation has opened many doors of many different areas of strategic thinking.…

    • 1943 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Process Innovation
    • 451 Words
    • 2 Pages

    Process Innovation

    There are numerous reasons why entrepreneurial organizations would seek opportunities for innovation. To better understand the reasons it should be noted that there are two main types of innovations in the business world. These types are: Process Innovations and Product Innovations. A process innovation is a plan to make an existing product or service better and a product innovation is the creation of an entirely new product.…

    • 451 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Business Studies Prelim Topic 1 Notes
    • 1812 Words
    • 8 Pages

    Business Studies Prelim Topic 1 Notes

    Innovation: For one business to capture and maintain a competitive edge over other businesses it needs to be constantly seeking ideas for new products, product modifications or different markets for existing products.…

    • 1812 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Good Essays

    Summary of Article “Disruptive Technologies: Catching the Wave” by Joseph L. Bower and Clayton M. Christensen
    • 942 Words
    • 3 Pages

    Summary of Article “Disruptive Technologies: Catching the Wave” by Joseph L. Bower and Clayton M. Christensen

    From this kind of event, everyone can learn that they need to fully aware of disruptive technologies which do not meet customers’ needs in the present but very useful in the future. However, this pattern is still being used by some managers because they have making profit oriented. Why? The power of current customer needs is very useful for making profit for present, and managers usually…

    • 942 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Innovation in business
    • 1318 Words
    • 5 Pages

    Innovation in business

    According to Baregheh et al, innovation is a multi-layered tool where ideas are converted into improved processes, or commodities, or results or services (2009). In a hyper- competitive environment, organisations rely on innovation as a vehicle to further advance, thrive, challenge, and maintain a comparative advantage over other organisations in the same field.…

    • 1318 Words
    • 5 Pages
    Good Essays
    Read More
  • Powerful Essays

    E-commerce: Customer and Ans
    • 2487 Words
    • 10 Pages

    E-commerce: Customer and Ans

    1. Choose one major difference between the first wave and the second wave of electronic commerce. Write a paragraph that describes this difference to a person who is not familiar with either business or Internet technologies.…

    • 2487 Words
    • 10 Pages
    Powerful Essays
    Read More

Related Topics