Disruptive Innovation by Apple, Intel & Godrej

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This presentation describes about the Introduction to Disruptive Innovation, Books on Disruptive Innovation, Disruptive Innovations by Intel, Apple & Godrej. It explains various disruptive innovations like atom processors by intel, ipad by apple, chotukool by godrej.

Disruptive Innovations by Intel, Apple & Godrej

• Introduction to Disruptive Innovation

• Books on Disruptive Innovation

• Disruptive Innovations by Intel, Apple & Godrej

• Latest Articles on Disruptive Innovations

• References

Introduction
Create new market New value network

DISRUPTIVE INNOVATION

Disrupt existing market

Displace earlier technology

Term introduced by Harvard Professor, Clayton Christensen in his 1997 best seller “The Innovator’s Dilemma”

Sustaining v/s Disruptive Innovation
Sustaining innovation
Evolves existing market with better value

Disruptive innovation
Characteristics which customers may not want initially

Firms compete against each other’s improvements

Appear cheaper, simpler and may even be of inferior quality

About the Author: Clayton Christensen
? Foremost authority on

disruptive innovation ? Widely sought after as a speaker, advisor and board member. ? Author of two famous books on Disruptive Innovation

Books: The Innovator’s Dilemma
? Why firms fail despite being

leaders in their market ? ? Sustaining innovations - best utilized by the firms at the best position in an industry ? Disruptive innovations - that are either so much cheaper that they open a new market or create a new value network ? Performance of the disruptive technology grows faster than users’ needs and surpasses the leaders with time.

The Innovator’s Dilemma
Example: Mechanical Excavator Industry
Sustained Innovation: Gasoline Powered Engines

Disruptive Innovation: Hydraulic Actuated System

Books: The Innovator's Solution: Creating and Sustaining Successful Growth
How you can beat your most powerful competitors

• Starts with disruption
• Learn the elements of disruption and practice its theories

The Innovator's Solution: Creating and Sustaining Successful Growth
What products your customers will want to buy ?
? Accurately segment your markets ? Help the disruptions grow into healthy businesses

? Avoid the market forces that can fool you into making bad

decisions

The Innovator's Solution: Creating and Sustaining Successful Growth
Who the best customers are for your products ?
Extract growth from an audience that doesn’t use your products at the moment

The Innovator's Solution: Creating and Sustaining Successful Growth
Get the scope of your business right
? Find out which is right for your business ? key functions - in-house or outsource ? integrate your product offerings or modularize

The Innovator's Solution: Creating and Sustaining Successful Growth
Develop disruptive growth from the top down
? Powerful executive leadership ? Get the ball rolling toward successful disruptions ? Foster sustained business growth

Start before you need to

Put a Senior Manager in Charge

Create an Expert Team of Movers and Shapers

Train the Troops

Disruptive Innovation by Intel: Atom Processors
• Desktop processors with high efficiency and power • High power consuming • Mobile Chipsets for Laptops and Netbooks Exiting Products • Energy Efficient • Powerful • Cheap • Compact • Desktops Chipsets • Mobile Processors

Disruptive Innovation

Disrupted Market

Disruptive Innovation by Apple: Ipad 2
Existing Market

Laptops and Desktop existed in the market Introduced a New product linking laptops and Smart Phones

Disruptive Innovation

Light Weight, Performance,

High Quality Graphics, Applications, Entertainment
Laptop & Netbook Market

Disrupted Market

eReader Marker (Kindle, Sony)
Mobile Devices (Smart Phones)

Disruptive Innovation by Godrej: ChotuKool

ChotuKool

Disruptive Innovation

• Godrej Refrigerators existed • Introduced a new Cooling product for non users • Aimed for users living in single rooms house

• No Moving parts, Portable • Distribution through Speed Post • Less Power consumption

Disrupted Market

• Conventional Markets of Refrigerators • Cooling units

Latest Articles
Paper Presentation
• Harvard Business Review by Clayton • Disruptive innovation for social change • Practical examples

White Paper by Michael L. Schwartz
• Human Nature • Corporate vision • Labor – Union relations

Latest Articles
The Journal of Disruptive Innovation management by Constantinos Markides
• Business model innovation • Technical innovation • Radical product innovation

Innovation at bottom of pyramid by Baiyere Abayomi

References
Books

• The Innovator's Dilemma: When New technologies cause great firms to fail • The innovator’s Solution: Creating and sustaining successful growth
Blogs • Harvard Business Review Blog:[blogs.hbr.org/hbr/on-innovation/] • Innovation Zen:[innovationzen.com/blog/2006/10/04/disruptiveinnovation/] Articles • Personal Website: [www.claytonchristensen.com/] • Harvard Business School: [pine.hbs.edu/external/facPersonalShow.do?pid=6437] • Garter: [www.gartner.com/research/fellows/asset_93329_1176.jsp]

Thank You



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