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Disruptive Innovation: What does it mean for your Business??

Disruptive Innovation.

The epic love/hate counterpart of businesses and supply chains globally.

With new-disruptive innovation and technology usually comes great gain, economically, but also non-monetary gain. Paired with that gain usually comes great hardships and challenges for businesses.

But,

“You can’t win a marathon without putting some bandaids on your nipples.” (Horrible Bosses).

Disruptive innovation and technology challenges the commonality and inter-workings of business by creating entirely new methods for conducting business, at its very core.

“Disruptive innovation describes a process by which a product or service takes root initially in simple applications at the bottom of a market and then relentlessly moves up market, eventually displacing established competitors” (www.claytonchristensen.com/key-concepts/).

This kind of core-shaking innovation not only disrupts the current business landscapes, in which it penetrates, but it can literally flip market models upside down; crushing competitive/current innovation in its path.

Current businesses and supply chains strive to fill their four walls and beyond with agile innovation, and employees who strive to find new methods by creating disruptive technology.

Testing the boundaries of the norm has become the new norm.

So,

Are you ready to be disruptive?

READ THE FULL ARTICLE HERE

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Topics

  • Finance

Categories

  • business
  • news
  • saas
  • software
  • tech
  • supplier relationship management
  • supply chain
  • supply chain management
  • trends
  • sustainability

Contacts

Sam Jenks

Press contact Communications Lead Communications and Marketing 0703644132