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What Is Disruptive Innovation?

What Is Disruptive Innovation?
The theory of disruptive innovation, introduced in these pages in 1995, has proved to be a powerful way of thinking about innovation-driven growth. Many leaders of small, entrepreneurial companies praise it as their guiding star; so do many executives at large, well-established organizations, including Intel, Southern New Hampshire University, and Unfortunately, disruption theory is in danger of becoming a victim of its own success. Despite broad dissemination, the theory’s core concepts have been widely misunderstood and its basic tenets frequently misapplied. Furthermore, essential refinements in the theory over the past 20 years appear to have been overshadowed by the popularity of the initial formulation. As a result, the theory is sometimes criticized for shortcomings that have already been addressed. There’s another troubling concern: In our experience, too many people who speak of “disruption” have not read a serious book or article on the subject. 1. 2. 3. 4.

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These are Google’s 4 best practices for fostering creativity and innovation “How many golf balls could you fit in a school bus?” This is the kind of question Google and its big tech brethren were once known for asking would-be employees. The reasoning behind the technique seemed intuitive. Ask people odd questions, see how original and well analysed their thought process was, and you’ll end up hiring creative high-performers. The trouble is, Google has discovered that the strategy doesn’t actually predict people’s ability to do the job.

Innovations in Finance for Social Impact - The Rockefeller Foundation Impact Investing and Innovative Finance, Inclusive Economies, Innovation When E. H. Harriman, the President of the Southern Pacific Railroad, heard the news about the 1906 San Francisco earthquake, he led the first train west to assess how the railroad might assist in the recovery. When he arrived in Oakland, he immediately ordered tracks to be laid into the most devastated parts of town to carry out people and debris. He met with local officials to kick-start the rebuilding process, and sent telegrams across the country pleading for both private and public funds.

Do Things that Don't Scale July 2013 One of the most common types of advice we give at Y Combinator is to do things that don't scale. A lot of would-be founders believe that startups either take off or don't. Innovation: The Attacker's Advantage If you believe Thomas Kuhn’s theory outlined in The Structure of Scientific Revolutions, then the pace of change happens slowly at first and then all at once. Innovation: The Attacker’s Advantage, an out-of-print book from 1984 takes a timeless look at this theory and applies it to innovation. This is the Innovator’s Dilemma long before the innovator’s dilemma. The perspective of Richard Foster, the book’s author, is that there is a battle going on in the marketplace between innovators (or attackers) and defenders (who want to maintain their existing advantage). Some companies have more good years than bad years.

Innovation is overvalued. Maintenance often matters more Innovation is a dominant ideology of our era, embraced in America by Silicon Valley, Wall Street, and the Washington DC political elite. As the pursuit of innovation has inspired technologists and capitalists, it has also provoked critics who suspect that the peddlers of innovation radically overvalue innovation. What happens after innovation, they argue, is more important. Maintenance and repair, the building of infrastructures, the mundane labour that goes into sustaining functioning and efficient infrastructures, simply has more impact on people’s daily lives than the vast majority of technological innovations. The fates of nations on opposing sides of the Iron Curtain illustrate good reasons that led to the rise of innovation as a buzzword and organising concept. Over the course of the 20th century, open societies that celebrated diversity, novelty, and progress performed better than closed societies that defended uniformity and order.

Social impact drives Omidyar Network's civic tech investments On April 16, 2015, Etsy launched its initial public offering, raising more than $300 million and pledging to emphasize social mission over profits in the years ahead. The commitment is very much part of the company's mission, which has built a reputation to go along with its success as an online marketplace for people to buy and sell handmade or vintage art, supplies, or goods. There are many fellow travelers that are seeking to tie social impact to a sustainable for-profit or nonprofit model in the burgeoning civic technology sector, which seeks to connect citizens to services and one another. This past week I attended a forum in New York City where government executives, entrepreneurs, technologists, and venture capitalists gathered to exchange insights about what civic tech is, what's happening in the space, and what's happening next.

Book Review - What Technology Wants - By Kevin Kelly In “What Technology Wants,” Kelly provides an engaging journey through the history of “the technium,” a term he uses to describe the “global, massively interconnected system of technology vibrating around us,” extending “beyond shiny hardware to include culture, art, social institutions and intellectual creations of all types.” We learn, for instance, that our hunter-gatherer ancestors, despite their technological limitations, may have worked as little as three to four hours a day. Since then, the technium has grown exponentially: while colonial American households boasted fewer than 100 objects, Kelly’s own home contains, by his reckoning, more than 10,000. As Kelly is a gadget-phile by trade (and an affluent American to boot), this index probably inflates the current predominance of technology and its products, but a thoroughly mundane statistic makes the same point: a typical supermarket now offers more than 48,000 different items. So far, so good.

Putting Elon Musk and Steve Jobs on a Pedestal Misrepresents How Innovation Happens Since Steve Jobs’s death, in 2011, Elon Musk has emerged as the leading celebrity of Silicon Valley. Musk is the CEO of Tesla Motors, which produces electric cars; the CEO of SpaceX, which makes rockets; and the chairman of SolarCity, which provides solar power systems. A self-made billionaire, programmer, and engineer—as well as an inspiration for Robert Downey Jr.’s Tony Stark in the Iron Man movies—he has been on the cover of Fortune and Time. In 2013, he was first on the Atlantic’s list of “today’s greatest inventors,” nominated by leaders at Yahoo, Oracle, and Google. To believers, Musk is steering the history of technology.

Spring Activator - Small Business BC Awards Nominee Spring Activator has been a crucial key activator in the startup community by empowering impact-driven entrepreneurship with a hands on lean methodology and community-driven approach through its programs (local, national, global kick) and events (VanImpact), breaking down barriers and make entrepreneurial growth and resources more accessible to all. Spring Activator is instrumental in incubating many impact-driven entrepreneurs and organizations and propelling their successful graduates further into hypergrowth and success, it further amplifies social impact into every corner of the world.

Zero to One summary The advice come from “Zero to One” book. This article is a short summary of it. The first team Thiel built has become known in Silicon Valley as the “PayPal Mafia” because so many of his former colleagues have gone on to help each other start and invest in successful tech companies. They sold PayPal to eBay for $1.5 billion in 2002. Since then: Elon Musk has founded SpaceX and co-founded Tesla MotorsReid Hoffman co-founded LinkedInSteve Chen, Chad Hurley, and Jawed Karim together founded YouTubeJeremy Stoppelman and Russel Simmons founded YelpDavid Sacks co-founded Yammerand Thiel himself co-founded Palantir

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