Group items tagged

"What do all these products have in common? They have been victims of big bang disruption, as Larry Downes and Paul Nunes explain in their stimulating new book, Big Bang Disruption: Strategy in the Age of Devastating Innovation (Penguin, 2014). Big bang disruption is large-scale fast-paced innovation that can disrupt stable businesses very rapidly. The strength of the book is to document what is known about the ongoing phenomenon of fast-paced large-scale disruption and the book gives many vivid examples. The book is less compelling in terms of what businesses should do about the problem in part because the writing is marred by the occasional overstatement and in part because big bang disruption is itself merely a symptom of a deeper economic phase change that is transforming the global economy."

"After nearly a half-century of digital technology advancement -- fueled by years of steady exponential gains from potent digital growth factors like Moore's Law and Gilder's Law -- businesses are still at the crossroads when it comes to applying technology to their business. Despite decades of largely automating existing processes instead of fundamentally rethinking what they do in digital terms, our organizations are now facing a horde of native digital 'gazelles' -- and now a growing bow wave of collaborative economy startups -- that are threatening not just disruption, but even potential elimination altogether."