Question

In: Operations Management

1 – What is a disruptive innovation and how it apply to the design of a...

1 – What is a disruptive innovation and how it apply to the design of a global business

Solutions

Expert Solution

Disruptive innovation is an innovation that is cutting edge and ahead of the curve type of product or service that is so fresh that a whole new market is created as a result of this innovation. It is so disruptive that it creates a disturbance in the already established brands and their customer base. One of the classic examples of disruptive innovation is when a company brought digital photography and traditional ones were obsolete before we knew.

With the markets becoming smaller and smaller due to increased reach, disruptive innovation now has a greater impact ,even at a global scale and more rapidly to other nation's markets as well. For instance , artificial intelligence has taken huge importance in recent years making so many electronic products dependent on AI to function. This has impacted the global markets quicker since the companies have become easily accessible within the current market.


Related Solutions

Give me an example of a disruptive innovation and discuss how the innovation disrupted the market.
  Give me an example of a disruptive innovation and discuss how the innovation disrupted the market.
How does disruptive innovation play a role in delivering a new product?
How does disruptive innovation play a role in delivering a new product?
The electric car is an innovation that will be a high disruptive change and that will...
The electric car is an innovation that will be a high disruptive change and that will have an important effect into the global economics and the geopolitical international relations. As you know, petroleum is a key driver for geopolitics and an innovation from the technological point of view can imply different global economics relations and geopolitics relations. 1. What will be the effects of the transition to electric mobility on the oil market (demand, price, supply, …). What will be...
What are the steps to encouraging healthcare leaders to be more open to disruptive innovation that...
What are the steps to encouraging healthcare leaders to be more open to disruptive innovation that may threaten the status quo but will ultimately enhance the quality of health care for the majority of the population? What problems do you predict with personalized medicine? How have you seen your health systems utilize personalized medicine?
Apply all of these concepts (Client-center marketing, Movement from mass production to customized products, Disruptive Innovation,...
Apply all of these concepts (Client-center marketing, Movement from mass production to customized products, Disruptive Innovation, Building Brand Value) to understand what happened to Apple and what may be the likely outcome now that Jobs has “passed away”.
Research standardization, flexibility and innovation in product/process design. How does this information apply to 3M, an...
Research standardization, flexibility and innovation in product/process design. How does this information apply to 3M, an innovative company with a variety of products? You will need to provide proof of 3M’s innovation, flexibility, and/or standardization.
Explain how disruptive innovation affects sustainability in the context of a selected industry. Support your answer...
Explain how disruptive innovation affects sustainability in the context of a selected industry. Support your answer with relevant examples.
4. Under Clayton Christensen's theory of disruptive innovation, sustaining innovation will always entail an incumbent continuing...
4. Under Clayton Christensen's theory of disruptive innovation, sustaining innovation will always entail an incumbent continuing to apply the core design concepts that underlie their existing product architecture. True or False? Explain why? (Word Count: 150)
Discuss how the concept of disruptive innovation has impacted hugely successful companies over the past few...
Discuss how the concept of disruptive innovation has impacted hugely successful companies over the past few decades (provide examples); is it still a concern? Why?
The chapter discussed the Internet as a disruptive innovation that has facilitated online retailing. It also,...
The chapter discussed the Internet as a disruptive innovation that has facilitated online retailing. It also, however, has presented challenges to brickand-mortar retailers. How might retailers such as Nordstrom, Neiman Marcus, or Macy’s need to change their in-store experience in order to continue to attract a flow of customers into their stores to expand sales using direct selling and store displays of the actual merchandise? If the Internet continues to grow and sales of brick-andmortar retailers decline, how might the...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT