Dealing with rogue innovations – A game plan
Once people figure out that they could really be hit with a rogue innovation in their industry, their next question usually is – “so, what is the answer to the problem?”. My video below briefly summarizes how firms can design the answer – their option C.
You may notice that even if you don’t face this issue right now, this exercise is critical for your business success for two reasons. First, this will allow you to be prepared for a rogue innovation in your industry. Second, even if you realize that there is a slim chance of a rogue innovation in your industry, this exercise will allow you to come up with game changing innovations for your business. At least, you will come away from this exercise with several ways to magnify your existing innovation pipeline.
7/29/2010 11:27 AM
sweet caramel wrote: