Thursday, October 16, 2014

When Entering a New Market, Check Your Assumptions at the Door

Sometimes, knowledge is a bad thing, and it can be especially harmful when you’re trying to grow in a new region or open a new market. A case in point happened when my colleague Chris and I were part of a small team working to design and launch a venture in the medical tourism space. [...]

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Expertise: Business Model Innovation, Emergent Strategy, Emerging Markets | Comments (0)

Monday, September 22, 2014

Putting the Cat on the Table: How Candor Can Drive Innovation

In 1997, Korean Air Flight 801 crashed into a mountainside in Guam. While several factors played a part in the accident, the inability of the co-pilot to openly raise his concerns to the captain contributed to the tragic outcome. In his book Outliers, Malcolm Gladwell recounts how accidents like Flight 801 led to the radical [...]

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Expertise: Uncategorized | Comments (0)

Friday, September 19, 2014

The Chief Innovation Officer’s 100-Day Plan

Congratulations! Your energy and track record of successfully launching high-impact initiatives scored you a plum role heading up innovation. Expectations are high, but some skeptics in the organization feel that innovation is an overhyped buzzword that doesn’t justify being a separate function. So, what can you do in your first 100 days to set things [...]

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Expertise: Business Model Innovation, Disruptive Innovation, Portfolio Management, Uncategorized | Comments (0)

Wednesday, September 3, 2014

How to Market Test a New Idea

“So,” the executive sponsor of the new growth effort said. “What do we do now?” It was the end of a meeting reviewing progress on a promising initiative to bring a new health service to apartment dwellers in crowded, emerging-market cities. A significant portion of customers who had been shown a brochure describing the service [...]

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Expertise: Business Model Innovation, Disruptive Innovation | Comments (0)

Tuesday, June 17, 2014

Five Ways to Evaluate the Performance of Innovation Teams (When Operating under Lots Assumptions but Little Knowledge)

Companies are increasingly asking us how they should evaluate individuals and teams charged with creating future growth platforms. The question is fraught with complexity, because this kind of work calls upon a skill that doesn’t come naturally to most of us: dealing with an environment with lots of assumptions but little real knowledge. That’s what [...]

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Expertise: Culture of Innovation, Emergent Strategy, Risk Management | Comments (0)

Monday, June 16, 2014

Why Would Amazon Want to Sell a Mobile Phone?

If you believe the rumors, Amazon.com is going to enter the mobile phone business this week, with most pundits guessing that a mysterious video suggest that it will release a phone with novel 3-D viewing capabilities. There are obvious reasons for Amazon to be eying the category. The mobile phone industry is massive, with close [...]

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Expertise: Business Model Innovation, Disruptive Innovation | Comments (0)

Friday, June 13, 2014

No Innovation Is Immediately Profitable

The meeting was going swimmingly.  The team had spent the past two months formulating what it thought was a high-potential disruptive idea. Now it was asking the business unit’s top brass to invest a relatively modest sum to begin to commercialize the concept. Team members had researched the market thoroughly. They had made a compelling [...]

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Expertise: Disruptive Innovation, Portfolio Management, Risk Management | Comments (0)

Thursday, June 5, 2014

The Industries Apple Could Disrupt Next

After an unprecedented decade of growth, analysts wrote off 2013 as a year to forget for Apple. Most pundits agreed on what was wrong — a lack of breakthrough innovation since the passing of founder Steve Jobs. But in our view, Apple faces a deeper problem: the industries most susceptible to its unique disruptive formula are [...]

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Expertise: Business Model Innovation, Disruptive Innovation, Jobs-To-Be-Done, Portfolio Management | Comments (0)

Tuesday, June 3, 2014

What’s Holding Uber Back

As a consumer, I absolutely love Uber. The other week I was at a dinner in a relatively remote part of Singapore. Afterwards, the hotel concierge furiously worked three phones to get taxi cabs to appear for the 15 people who were waiting with growing impatience. I clicked three buttons, and my ride was there [...]

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Expertise: Disruptive Innovation | Comments (0)

Thursday, May 15, 2014

The Persuasive Pressure of Peer Rankings

Introducing a new product is essentially an exercise in persuading people to change their behavior. Many companies try to tackle this challenge by making the functional benefits of the new seem so much more compelling than the old. But this approach rarely works. After all, how many of us as children enjoyed eating our vegetables [...]

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Expertise: Disruptive Innovation, Jobs-To-Be-Done | Comments (0)

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About Innoblog

The INNOBLOG covers all aspects of innovation, from strategy to execution, in thought-provoking and insightful posts. Innoblog is a group forum to which many Innosight team members contribute. Outside contributions are welcome too. The blog is edited by Evan I. Schwartz, who also edits Strategy & Innovation.

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