The World's Best Book Summaries
What are some examples of customer-driven innovation? What themes do you see from customer-driven innovation examples? Customer-driven innovation examples are cases where new developments were based on customer needs and wants. Innovations that do well with existing customers in a given industry usually offer a meaningful change in convenience. Read on for some customer-driven innovation examples that did well based on convenience.
Is there a Hewlett-Packard case study about innovation? What does the HP case study demonstrate about the company’s Kittyhawk project? The HP Kittyhawk was a small disk drive that the company was developing to target the PDA market. This Hewlett-Packard case study identifies some of the challenges with the company’s approach to innovation. Read on for an HP case study on innovation.
What are the principles of innovation? What do the principles of innovation look like in practice? The 6 principles of innovation are used to navigate new and disruptive technologies. A thorough understanding of how these work in practice can help you confront disruptions. Read on for an application of the 6 principles of innovation using automobile technology as a case study.
What is the history of steel? What are some examples of disruptive steel innovation? The history of steel innovation includes the emergence of minimills. This disruptive innovation focused on low-quality, low-price steel products and was able to carve a successful place in the industry. Read more about the history of steel and steel innovation.
What are the keys to understanding innovation? Are there questions you should be able to answer? Understanding innovation is a process that requires you to think about the established markets and how they can be disrupted. Innovations build on product life cycles and can bring meaningful success. Keep reading for 22 questions for understanding innovation, grouped by key topic area.
What are some case studies in innovation? How do different case studies in innovation teach important lessons for businesses? Case studies in innovation can come from any industry. One of the most robust case studies in innovation is the disk drive industry, which saw several disruptive innovations over the years. Read on for one of the interesting case studies in innovation.
What is downward mobility? How is it a good thing? Downward mobility is a company’s ability to move to smaller or lower-price markets. It is the counterpart to the growth that comes with upward mobility. Read on to understand downward mobility and the risks that come with downward immobility.
What is bounded rationality theory? How does it act as a limitation in systems thinking? Bounded rationality theory suggests that we can only make decisions from our own viewpoints with limited information. Read more about bounded rationality theory, and ways to expand our own boundaries in systems thinking.
What are sustaining and disruptive innovation? What is the difference between sustaining and disruptive innovation? Sustaining and disruptive innovation are different strategies firms can employ to bring new products to market. Sustaining innovations secure share in the current market while disruptive innovations shake up the market. Read on to better understand the difference between sustaining and disruptive innovation.
How do you define tragedy of the commons when it comes to systems thinking? The tragedy of the commons is a term to describe when actors all share limited resources, and act only in their own self-interest. In order to define tragedy of the commons, you first need to understand that it’s a part of the many systems limits that can stop a system from being successful. Learn how to define tragedy of the commons in systems thinking.