Innovation is fast becoming the commercial religion of the 21st century. Everyone’s doing it, so how can you differentiate yourself? What’s makes the difference between evolutionary and breakthrough innovation?
Mankind has always used tools as a means to amplify the body and mind. Our success in this regard has made us the dominant species. Today, massively disruptive technologies provide the possibility to devastate the old business models.
Why does your past success hangs heavily on your shoulders? Why do great companies fail? Why does success tend to breed an inability to innovate, leading to ultimate failure?
Sure, you’re constantly enhancing your products and services. Every year you’re improving business performance. You’re constantly shifting resources to areas of greater yield, aren’t you?
The paradox of the business cycle is that while you built your business on adding customer value (a complete focus on market needs), today you seem to spend more and more time and energy focusing internally: cutting costs, shedding people, refining processes.
Don’t you sometimes feel that your past success hangs heavily on your shoulders? Why do great companies fail? Why does success tend to breed an inability to innovate, leading to ultimate failure?
The new economy is here. Disruptive technologies from the wireless Internet to unlimited bandwidth will devastate the old business models. eCommerce is creating eBusinesses that are defining the future rules of the game. New competitors force us to ever higher levels of customer service and lower costs – all the while establishing significantly better returns for our shareholders.
The tidal wave of disruptive technologies demands radical innovation – incremental change just won’t do anymore. Just what is innovation? And what is radical innovation? How do you implement it in your business?
We know that managing innovation is like trying to herd cats! So, how do you make it happen? You’ll learn lessons in radical innovation from some of today’s most successful innovators – from nations to individuals. How do you ‘spin out’ nimble new companies? How does it feel to be radically successful?
Innovation is fast becoming the commercial religion of the 21st century.