In a world that is changing almost too fast to keep up, why are we overly protective of change?
If you want to succeed in business, you’ll have to adapt. The world of business is changing and there’s no better time to take a step into the future. New rules are making their way into the market, and many businesses still have no idea how it will affect them.
So how do we adapt, stay ahead and keep climbing?
Two words: DISRUPTION & INNOVATION
We are at a crossroads. If we don’t harness technology, embrace new ideas, and adapt to all the changes happening around us, everything we know will be obsolete – even our businesses.
We all need to keep up with market trends and know how our products stand out. Innovolo helps you to look for exciting ways to improve your products, streamline new processes, and come up with more engaging ways of communicating with your customers.
Innovation is the lifeblood of business. Disruption is what gives it that extra kick up the backside when needed.
Innovation and disruption are elements of change that we’ve seen entrepreneurs, startups, and big corporations use to take the world by storm. Usually, when we think of these terms we’re talking about technology – Apple or Google coming out with a new iPhone or Brin and Page creating Google. But innovation is all around us in business and if you are trying to run a business without it, you may as well pack up and go home.
Disruptive innovation is the process of how new ideas and solutions break into an established industry. These innovations can be so powerful that they completely transform or overthrow the preexisting market leader. With the rapid advancement in technology, many industries are being disrupted, some more dramatically than others.
Disruptive innovations are a phenomenon that is shaping today’s world. They are having a profound effect on business models, driving change in industries from media to health care and changing the lives of consumers worldwide. It is an often-used term that could usually be related to a successful firm or product, such as Skype, Tesla, or Netflix.
Why fix something that’s not broken?
Are you familiar with the saying; “if it ain’t broke, don’t fix it”?
We live in a time where innovation is mandatory. And it can be funny how much we need to innovate when we already have so many things to fix. Most people don’t get this, and they think that finding new ways of doing things is not necessary. In fact, they think that if you are improving something that is already working then it is a waste of time and resources.
In order for companies to stay ahead of the curve, they need to fix things that are not broken. You should always keep an eye on the future and innovate and improve your products. You don’t want to be left behind in a place where your product becomes obsolete, nor do you want to fall into the everyday trap of thinking things are fine as they are. We tend to get comfortable in our ways and think things are fine when they really aren’t, slowly pushing fixed problems under the rug until it eventually becomes a bigger issue. Every company is guilty of this at some point or another.
If you take a closer look at the world around you, you’ll see there are plenty of things that are broken and need fixing. Whether it’s infrastructure, systems, or humans – there are plenty of things that can be improved upon. Innovation is the process of taking an existing concept or process and improving upon it in order to create something more useful, efficient, or attractive.
“Sustaining innovations are the key to consistent performance, whereas disruptive innovations are the key to dramatic changes in power”_ Geoffrey Moore#
Reposted from LinkedIn