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Usually , a disruptive innovation is a combination of a new technology and a new business model. Being an expert in the old technology or business model becomes
by ippisl 14y ago
Usually , a disruptive innovation is a combination of a new technology and a new business model. Being an expert in the old technology or business model becomes less helpful.
At the beginning you mostly don't compete on the same customers.With time, when you start competing on the same customers, you can hire experts.
- DenisM 14y agoYes, it's a compelling narrative. Where's the evidence though? The problem with the narrative is that I can come up with an opposite narrative: "fresh perspective is important to come up with a new direction, but only an insider has the skills/experience/connections/market knowledge/capital/etc to finish the new direction, therefore all innovation is done by insiders". Now we have two compelling narratives, both of which cannot be true at the same time. We're not advancing our understanding of the innovation process. It's all empty rhetoric until the evidence is laid out.