asei national convention, dit-2015 detroit, sept. 19 th, 2015 disruptive & innovative...
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ASEINational Convention, DIT-2015
Detroit, Sept. 19th, 2015
Disruptive & Innovative Technologies Technical & Business Opportunities
Panel Discussion Dr. Rajiv R. Shah
Timmaron Capital Advisors, The indusLotus Group, UT Dallas
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What Disruptive Innovation IS NOT
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Disruptive Innovation is NOT the same as (although it could be): – Strategic Innovation, Radical Innovation, Discontinuous Innovation, Transformative Innovation, etc. -
What is Disruptive Innovation ?
Concept pioneered by Clayton Christensen of the Harvard Business School
• Disruptive Innovation is NOT the same as Innovation, in general• Very often, NO new technology is involved, but it could be technology-based• Could be, and very often is, based on a disruptive, new business model
‒ The business model changes the economics of the entire industry segment
‒ It disrupts the business structure of that industry segment ‒ It starts out NOT being as good as the prevailing solution‒ Improvements in the prevailing solution EXCEED mainstream needs
• Over time, the disruptive innovation-‒ Improves in performance – exceeds that of the previous prevailing solution‒ Meets the needs of mainstream customers better than the previous
solution September19, 2015 Copyright Dr. Rajiv R. Shah 3
Disruptive Innovation Chart
Clayton Christensen, The Innovator’s Dilemma
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Disruptive Innovation – PAST & RECENT EXAMPLES
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Detroit
Dallas
New Technology
New Bus. Model
Disruptive Innovation – PAST & RECENT EXAMPLES
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• LCDs displacing CRTs • Word Processors Plus PCs displacing Typewriters • Electronic Calculators displacing Slide Rules & Facit Calculators • The PC industry upending the Mini-computer Industry• Low-cost PCs versus High-performance PCs• Digital photography displacing Print Photography • Semiconductor chips displacing traditional Vacuum Tube Electronics • Small Disk Drives displacing the large Traditional Large Storage Platens• Small desktop copiers and printers Versus Large Centralized Machines• iPod and iTunes displacing the Traditional Music Industry Model (CDs) • Google, Amazon, eBay, Netflix, Facebook, Twitter, ………………………
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Disruptive Innovation –Emerging EXAMPLES
Source: The Economist, 01/25, 2015, What Disruptive Innovation Means
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Disruptive Innovation –Emerging EXAMPLES
Source: The Economist, 01/25, 2015, What Disruptive Innovation Means
• Algae-derived biofuels – e.g. Solazyme
• Crowd-sourcing – e.g. Kickstarter
• iPhone App-based same-day Doctor home visits – e.g. One Medical Group
• Novel, extremely cost-efficient genome-sequencing – e.g. Illumina
• Short-lived photo-sharing – photo-flashing – e.g. Snapchat
• Renting Dresses rather than buying – e.g. Rent-the-Runway
• Common open-source OS across all devices – e.g. Ubuntu by Canonical
• Shareable online content and ads – e.g. BuzzFeed
• Inexpensive online and mobile payments – e.g. Dwolla
• Disruptive Innovation NEEDED in Healthcare & Education – Christensen Source: Forbes, The Disruptors 2013
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Disruptive Innovation –Emerging EXAMPLES
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Disruptive Innovation –Emerging EXAMPLES
Source: KPCB, Internet Trends, 2015
Hotel Tonight
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Disruptive Innovation –Emerging EXAMPLES
Source: KPCB, Internet Trends, 2015
95% Vs. <5 % Export 35% Vs. 21 % w/o Cap Listing in only min. Only 3 days to hire
Easy to be a driver Distribute within min. < $ 15 per service intro. Connect Buyers-Sellers
Questions – Comments ?
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Disruptive Innovation
Disruptive & Innovative Technologies Technical & Business Opportunities
Panel Discussion Dr. Rajiv R. Shah
Timmaron Capital Advisors, The indusLotus Group, UT Dallas
Backup Slides
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Disruptive Innovation
Disruptive & Innovative Technologies Technical & Business Opportunities
Panel Discussion Dr. Rajiv R. Shah
Timmaron Capital Advisors, The indusLotus Group, UT Dallas
September19, 2015 Copyright Dr. Rajiv R. Shah 14
Disruptive Innovation –Emerging EXAMPLES
Source: KPCB, Internet Trends, 2015