This post covers some other highlights from Geoffrey Moore’s Dealing with Darwin, a book focused on how companies can innovate at every stage of their lifecycle and my favourite read on innovation to date. Below “Core vs Context” is discussed, and then how companies can recycle resources to keep focus on the core, the activities [...] [...more]
The word innovation has been used as a single block idea. There is a lot under this category. In his book Dealing with Darwin, Geoffrey Moore highlighted that when people call to mind “innovation,” they usually think of disruptive innovation. Disruptive innovation is an important type, but it has many brothers than sisters that will [...] [...more]
Geoffrey Moore outlines the following Technology Adoption Strategies and Technology Adoption Life Cycle in his book “Dealing with Darwin”. Technology adoption life cycle A model that describes how communities react to the introduction of a discontinuous technology, consisting of a progression through five adoption strategies: technology enthusiast, visionary, pragmatist, conservative, and skeptic. Techies An adoption strategy that embraces discontinuous [...] [...more]
Open Innovation definition from thought leader Henry Chesbrough: “Open innovation is the use of purposive inflows and outflows of knowledge to accelerate internal innovation, and expand the markets for external use of innovation, respectively. This paradigm assumes that firms can and should use external ideas as well as internal ideas, and internal and external paths to [...] [...more]
OLD INNOVATION PARADIGM Innovation by in-house specialists, in an ivory tower. Proprietary, the R&D team producing things that are not open standards. Sharing little. Painstakingly slow to market and the world is moving at a rapid pace. Out of touch with reality and customer. Customer centricity is essential. If you don’t have a good understanding of what your customer is [...] [...more]
According to Jay Doblin, there are ten types of innovation. These fit into four categories: Finance, Process, Offering and Delivery. The ten types of innovation are: FINANCE 1. Business Model, how the enterprise makes money (Dell). 2. Networking, enterprise’s structure/value chain (Walmart). You go to get the best price, not the best customer experience. PROCESS 3. Enabling process (Siebel) 4. Core [...] [...more]
DesignCrowd specialises in the crowdsourcing of creative services – website design, business card design, logo design, all types of graphic design. It is is a marketplace where businesses list graphic design work they need done as either a Design Contest (Multiple designers) or Running a Freelance Job Project (one designer) and Designs submit designs (For contest) [...] [...more]
