DISRUPTION &

INNOVATION

INNOVATION DISRUPTIONNature

Incremental in nature Gives an extension of life to

status quo May not have a learning curve

 

A movement by itself, leading to new following and evangelism

Fundamental in nature Most likely to have a learning

curveOrigin

Originates from within the domain

Counts on domain expertise Born out of compulsion More often, revolves around the

process and techniques in place

Change in group thinking and want of efficiency and sophistication

Technology is an enabler 

More often, result of creativity and lateral thinking

Unconstrained thinking and application of knowledge in unexplored horizons

Instigated by unsolved and new problems

Advent of new technologies and techniques

Change in business/social thinking

Technology can be an enabler or be the root cause

INNOVATION DISRUPTIONDependencies

Target eco-system to consume the benefits must exist

Critical need for optimization or efficiency 

Target eco-system may or may not exist; may need to be created from the scratch

Success Depends on the acceptance of

the targeted group Measured as savings in cost,

time and money Measured in terms of

replication and repeatability

Depends on the acceptance and adoption on a wider basis

Hard to measure in early stages Measured in terms of benefits

offered by new opportunities and innovations in respective domains

INNOVATION DISRUPTIONImpact

Impacts a small or subset of potential target group/process 

Impacts are far reaching Could create a paradigm-shifts

in understanding and use Offers a new lease of life even

to related activities and processes

Course Can spawn further innovations

of similar type and scale Can be easily displaced with

commoditization effect 

Opens up a new opportunity that never existed before

Could result in cross-domain applications

Could be the source for new innovations

 

INNOVATION DISRUPTIONObservations

Rarely, becomes a disruption New and existing technologies

acts as enablers Change is visible only in the

periphery Impact of failure is very small

as it can be recovered quickly with falling back to status quo 

More often pins on new, untested, cross-domain application of technologies

Cross-discipline in nature Change is at the root and shifts

the nature altogether Can result in irrecoverable

outcome, if fails

Few Examples NeoNurture Incubator - Built

from automotive parts Square – Tiny payment platform Plant & Animal Fat based Bio-

Diesel Straddling Bus Kinkajou Microfilm Projectors

Mobile Banking Internet of Things Drones 3D Printing Language Translation NetFlix