If you are looking for “What’s Next” in your business growth strategy, you no doubt currently using, or at least considering, innovation a key tool for input into that. But innovation is not enough to reliably lead to a breakthrough disruptive strategy. We only seem to be doing innovation and not really working on doing […]
Are you discounting the impact of disruption? Sometimes it’s really hard to envisage the full impact of what we first see as small changes. And, even when we see clear evidence that something significant may be going on, we are pretty good at dismissing and explaining away the risks. Any one risky scenario of future […]
It turns out that a fast-hack into innovation and disruption to build TRUST, TRIBES and TRACTION in your organisation comes from treating your employees like customers. How so ? Naked Wines promises great wines at wholesale prices delivered to you overnight. Nothing special there. But they go ahead and provide a few twists on the […]
A strategy where you mainly compete on price has little going for it, except that its pretty quick and easy to alter. Its also pretty easy to copy, be undercut and set new lows for the market you are in. Being the lowest price when you have worked hard to achieve the lowest cost is, […]
Garage Gigs for Growth (#5) This weeks Garage Gig for Growth provides a framework for understanding the difference between different disruptive innovation growth strategies. It’s a powerful way to think about your growth strategies and the potential for future competition in your market. Disruption and innovation are overused terms and often mentioned together as […]
I was very pleased to be a guest on David Frizzell’s Team Guru podcast. We talk about the difference between Disruption and Innovation with lots of examples.
FAST-Hacks for Disruptive Strategies When Amazon decided to acquire Wholefoods and plunge into bricks and mortar food retail… When Netflix decided to invest billions in becoming a content creator instead of just a distributor… When McDonald’s Australia launched McCafe in a world first… When Starbucks moved from coffee wholesaler to retailer… When IBM moved from […]
It doesn’t much matter which stats and odds you look at (and we’ll get to a few in a minute), business longevity is falling. At the same time there is an increasingly attractive world to employees outside our larger institutions, for employment and entrepreneurship. Capital and knowledge have become more accessible in the digital, sharing […]
In Clayton Christensen’s latest article in HBR (Dec 2015) “What is Disruptive Innovation”, he reminds everyone, rather sternly (or is it just me?) what his definition of disruption is. As he is the father of the theory, we should give it due air time. He asserts that disruption is when a new entrant begins to […]
