Audio available in app
Disruptive innovation challenges established companies from "summary" of The Innovator's Dilemma by Clayton M. Christensen
Disruptive innovation is a concept that has the power to upend established companies and their way of doing business. This type of innovation often comes from unexpected places, challenging the status quo and forcing companies to rethink how they operate. It can be difficult for established companies to adapt to disruptive innovation because it requires them to fundamentally change the way they approach their business. One of the key challenges that disruptive innovation presents to established companies is the fact that it often targets underserved or overlooked markets. These markets may not be as profitable or as attractive to established companies, but they can still have the potential to grow and disrupt the industry. This can make it difficult for established companies to see the value in investing in these markets, as they may not generate the same level of returns as their core business. Another challenge that disruptive innovation poses to established companies is that it often involves the use of new technologies or business models that are unfamiliar to them. This can make it difficult for established companies to compete with disruptors, as...Similar Posts
Focus on providing exceptional customer service
To succeed in business, there is a fundamental principle that must never be forgotten: the customer is king. This means that ev...
The role of effective communication in business relationships
Effective communication is the cornerstone of successful business relationships. It is the glue that holds teams together, the ...
Stay curious and openminded
Being curious and open-minded is crucial for innovation. When you are curious, you are eager to learn and explore new ideas, wh...
Diversity drives innovation
When different perspectives and backgrounds come together, it creates a melting pot of ideas and possibilities. Diversity is no...
Lead with integrity and authenticity
Leading with integrity and authenticity is a crucial concept for successful leadership. It requires a deep sense of honesty, tr...
Focus on delivering exceptional customer service
Delivering exceptional service to your customers should be at the forefront of your business strategy. This means going above a...
Lean on automation and technology tools
One of the key principles of growth hacking is the importance of leveraging automation and technology tools to streamline proce...
Ethics guide business decisionmaking
Ethics play a critical role in shaping the decision-making process within a business. By considering ethical principles, busine...
Stay true to your values
The concept of staying true to your values is crucial to achieving success in any endeavor. When you stay true to your values, ...
Preserve core values while stimulating progress
Preserving core values while stimulating progress is a delicate balancing act that requires strategic thinking and a deep under...