Tag: innovation
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What Six Colorful Hats Can Teach Us About Working in Groups
This is how a group of people can solve a problem without arguments. Think about all the times you’ve been in a team meeting, dealing with some issue. Everyone goes in with the best intentions, but the team members quickly form their own ideas of what needs to be done, argue about why everyone else…
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Clark Gilbert’s two types of business inertia
This model explains why some large, established firms respond well to largescale disruption, while others struggle. Imagine you run a chain of clothes shops. You sell the coolest, most popular clothes and you’re the king of the High Street, with a knighthood to boot. But a new generation of online retailers appears. You start your…
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Innovator’s DNA: Do what Bezos, Cook and Musk do
This model explains what it takes to be a successful innovator. We’re talking DNA. Not the long chains of nucleotides that are the blueprint of organisms, but what Jeff Dyer, Hal Gregersen and Clayton Christensen consider the foundational building blocks of great innovators. After an eight-year study, meticulously collecting data from 500 innovators and 5,000…
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Why large, successful firms should be wary of lower-cost upstarts
Use this model if you want to understand why large, successful companies are prone to disruption. A central theme running through Clayton Christensen’s innovation research is how companies can guard against being disrupted. How can successful innovators avoid having their lunch eaten by smaller, nimbler upstarts? As a company grows, its once simple products…
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Crossing the chasm: the adoption of new tech
This model illustrates what’s required to take new, disruptive technology into the mainstream. Geoffrey Moore built on Everett Rogers’ diffusion of innovations theory to set out the marketing challenge a company faces when attempting to launch a new high tech product into the mainstream. The essence of the theory is that innovations are absorbed in…