Disruptive innovation at the bottom of the pyramid (DI BOP)
by Abayomi Baiyere on Jul 10, 2011
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Due to the different dynamics required for organizations to serve the emerging market ...
Due to the different dynamics required for organizations to serve the emerging market
which contains billions of people at the bottom of the pyramid (BOP) coupled with the increasing desire for organizations to grow and be more multinational, organizations need to continually innovate. However, the tendency for large and established companies to ignore the BOP market and rather focus on existing markets, gives an indication of the existence of a vulnerability that potentially disruptive innovations from the BOP
will not be recognized in good time for a counter measure.
This can be deduced from the fact that good management practice advocates that managers should learn and listen to their customers. Therefore majority of the large existing companies continually focus on their main customer/market with sustaining innovations which leaves aspiring new
entrants with an under-served BOP market to experiment with.
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