We have entered a fourth stage of innovation— the era of Big Bang Disruption. The new disrupters attack existing markets not just from the top, bottom, and sides but from all three at once. By tying their products to the exponential growth and falling costs of new technologies, their offerings can be simultaneously better, cheaper, and more customized. Not just for one group of users, but for all (or nearly all) customers. This isn’t disruptive innovation. It’s devastating innovation.
00:00:00.000 The Evolution of Innovation: Addressing Disruption
00:02:36.657 Three Styles of Innovation: Traditional, Cost, and Blue Ocean
00:06:23.894 Simplifying Business Strategies: Differentiation, Cost, and Customer Focus
00:07:20.966 The Challenge of Competing with Better Products
00:17:12.447 Leveraging cameras for innovative bottle tracking technology
00:19:56.153 The cost advantage of digital products and services
00:23:54.145 The phenomenon of better and cheaper innovation in various industries
00:26:44.172 The Impact of Information Spread and Market Realities
00:34:52.300 The Importance of Meeting Customer Breakthrough Points
00:36:20.074 Introduction to the concept of disciplined innovation
00:38:56.498 The power of recombining components in innovation
00:39:26.799 The Rise of Drones: A Phenomenon Explained
00:42:13.962 Rapid Fire Experiments and the Democratization of Customer Insight
00:47:26.683 Information and Access: The Challenges of Finding Information
00:49:04.340 The Power of Low Cost Components
00:49:31.700 Putting Screens on Refrigerators – Why Not?
00:52:04.248 Exponential Technologies Drive Down the Cost of R&D
00:54:40.337 The Challenge of Finding the Threshold for Product Success
00:57:51.377 Broadening Horizons and Taking Time to Think for Workplace Change