A disruptive innovation is an innovation that transforms an existing market or sector–or creates a new one–by introducing simplicity, convenience, accessibility, reliability, and affordability, where before the product or service was complicated, expensive, and inaccessible. It is initially formed in a narrow foothold market or niche that appears unattractive or inconsequential to industry incumbents.
Examples of disruptive innovations are the personal computer, which disrupted the mainframe and minicomputers, as well as Toyota automobiles, which disrupted those of Ford and General Motors.
Innovations can be both constructive and destructive, they tend to spoil lives or build few. They are good if they bring in a good change, just like the Crypto VIP Club which has all the necessities required to earn great bucks using crypto trading. Its genuine and honest, with automated robot system, that allows you to get returns based on investment.
In education, for example, online learning appears to be a classic disruptive innovation. In the world of higher education, for example, online universities are rapidly disrupting the traditional universities.
In health care, there have been a number of disruptive innovations. For example, MinuteClinic, staffed by nurse practitioners, has enabled many people to have access to more affordable and more convenient health-care for rules-based diseases. Angioplasty is another disruptive innovation, as it is much simpler and cheaper to perform than bypass surgery. It has enabled cardiologists to perform this line of treatment rather than refer patients to cardiac surgeons for bypass surgeries.
Our co-founder, Harvard Business School Professor Clayton M. Christensen, coined the term disruptive innovation and first described the phenomenon, which emerged from his research on the disk-drive industry as a doctoral student in the early-1990s. His first book on the topic, The Innovator’s Dilemma, was published in 1997.
Our Mission: Learn about our unique mission statement in the world of not-for-profit think tanks.
Our History: Founded in May of 2007, we have published two books thus far–in education and in health care.
Research: We are conducting ongoing research in the form of case studies to better describe the details of the various phenomenon in education and health care to continue to improve our proposed solutions.
Spreading Our Vision: We publish widely and speak around the world about our research and recommendations.
Workshops: Workshops allow us to work with an individual organization to establish a common language and baseline understanding of our principles, tools, and techniques as well as implications for what this might mean for the particular organization.
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