Disruption has a deep relationship with innovation or lack thereof. However, this link between innovation and disruption is not straightforward. Do companies face disruption because they fail to innovate? Or is it because they innovate incorrectly? Can a company innovate and still face disruption? How does transformation fit into this picture? These are the questions I cover in this episode.
Link between Innovation and Disruption
It explains how innovation, transformation, and disruption are intricately linked. By using a car race analogy it explains these complex concepts in a simple manner. It also connects this analogy with why BlockBuster was disrupted? It also explains how disruption of Blackberry and Symbian happened due to different reasons than disruption of BlockBuster.
This episode helps you take your next step in understanding disruption. It will help you build on the previous episode where you learned about the disruption of Kodak.
If you are an innovator, you must understand this deep link between disruption, innovation, and transformation.
You will take away the following from this episode:
- Why do firms get disrupted?
- What role does innovation play in disruption?
- What are two different innovation mistakes that can lead to disruption
- What is the link between disruption and transformation of firms?
How to listen?
Go to the The Disruption Management audio course to listen to the entire series of audio lessons on Disruption.