For the past 20 years, the theory of disruptive innovation has been enormously influential in business circles and a powerful tool for predicting which industry entrants will succeed.
Enterpreneurship Development Assignment on making business unique and convert...Gunjan Awasthi
Ways to make business unique and successful in 21st century.
Challenges or threats on Enterpreneurship and how to convert challenges into opportunities.
Test Your Innovation IQ Holly Green, Contributor Origina.docxtodd191
Test Your Innovation IQ
Holly Green, Contributor
Original Source
Everyone knows that innovation means coming up with the next great idea in your
industry, right? Actually, there’s a lot more to it than that. Test your ability to separate
innovation fact from fiction by answering the following questions true or false:
1. Innovation is the act of coming up with new and creative ideas.
2. Innovation is a random process.
3. Innovation is the exclusive realm of a few naturally talented people.
4. The biggest obstacle to innovation is a lack of organizational resources and
know-how.
5. The most important type of innovation involves bringing new products and
services to market.
6. Teaching employees to think creatively will guarantee innovation.
7. The most powerful way to trigger your brain is to simply ask it a question.
8. Most companies pursue incremental rather than disruptive innovation.
9. Most companies are not structured to innovate.
10. Listening to your customers is a great way to innovate.
Answers:
1. False. In business, innovation is the act of applying knowledge, new or old, to the
creation of new processes, products, and services that have value for at least one of
your stakeholder groups. The key word here is applying. Generating creative ideas is
certainly part of the process. But in order to produce true innovation, you have to
actually do something different that has value.
2. False. Innovation is a discipline that can (and should) be planned, measured, and
managed. If left to chance, it won’t happen.
3. False. Everyone has the power to innovate by letting their brain wander, explore,
connect, and see the world differently. The problem is that we’re all running so fast that
we fail to make time for the activities that allow our brains to see patterns and make
connections. Such as pausing and wondering….what if?
4. False. In most organizations, the biggest obstacle to innovation is what people
already know to be true about their customers, markets, and business. Whenever you’re
absolutely, positively sure you’re right, any chance at meaningful innovation goes out
the window.
https://www.forbes.com/sites/work-in-progress/2011/12/06/test-your-innovation-iq/#3133e7f0395b
5. False. It’s certainly important to bring new products and services to market. But the
most important form of innovation, and the #1 challenge for today’s business leaders
may really be reinventing the way we manage ourselves and our companies.
6. False. New ideas are a dime a dozen. The hard part is turning those ideas into new
products and services that customers value and are willing to pay for -- a process that
requires knowledge about what your customers want and need, coupled with
implementation.
7. True. Ask a question and the brain responds instinctually to get closure. The key with
innovation is to ask questions that open people to possibilities, new ways of looking at
the same data, and new interpre.
In the quest for innovation, companies all over the world are embracing the need for customer insight to drive product development, with many corporates investing in innovation labs with user testing facilities, and embarking on large scale customer research.
These kinds of undertakings do not come cheap - so when you do choose to invest in customer research, how do you make sure you get the most out of your spend?
Here's Wilson Fletcher's view on getting the most out of user research and the best way of implementing it to consistently drive successful innovation.
As presented by Lauren Argenta at Wilson Fletcher's Sydney event on 7th April 2016.
7 ways to get more value from your precious customer insightMartin Wright
How often have you seen expensive research gathering dust; wasted and ignore? Insights capable of helping a company become fitter, more popular and richer crowded out by today’s urgent demands?
In this multi-channel, fast moving and competitive world understanding customers better has never been more important.
Here are seven things we do that help companies fully exploit the value locked in this rich resource. Some are simple, others require effort; all provide great value for money.
Marketing for Startup: 14 Things You Shouldn't MissLukas Obdrzalek
I focused on 3 topics
- What should you know when setting up your marketing
- How you should build your marketing team
- How you should choose your agency and how to work with it
I would define ‘Customer Experience’as:
‘How customers or prospective customers perceive their interactions with your organisation’
Customer experience encompasses every aspect of an organisation’s offering - the quality of customer care, of course, but also advertising, packaging, product and service features, ease of use, and reliability.
How can you drive a consistently good and improving Customer Experience for your customers or prospects?
In this A to Z I’ll give you some of the answers and some tips from Oak Consult
Enterpreneurship Development Assignment on making business unique and convert...Gunjan Awasthi
Ways to make business unique and successful in 21st century.
Challenges or threats on Enterpreneurship and how to convert challenges into opportunities.
Test Your Innovation IQ Holly Green, Contributor Origina.docxtodd191
Test Your Innovation IQ
Holly Green, Contributor
Original Source
Everyone knows that innovation means coming up with the next great idea in your
industry, right? Actually, there’s a lot more to it than that. Test your ability to separate
innovation fact from fiction by answering the following questions true or false:
1. Innovation is the act of coming up with new and creative ideas.
2. Innovation is a random process.
3. Innovation is the exclusive realm of a few naturally talented people.
4. The biggest obstacle to innovation is a lack of organizational resources and
know-how.
5. The most important type of innovation involves bringing new products and
services to market.
6. Teaching employees to think creatively will guarantee innovation.
7. The most powerful way to trigger your brain is to simply ask it a question.
8. Most companies pursue incremental rather than disruptive innovation.
9. Most companies are not structured to innovate.
10. Listening to your customers is a great way to innovate.
Answers:
1. False. In business, innovation is the act of applying knowledge, new or old, to the
creation of new processes, products, and services that have value for at least one of
your stakeholder groups. The key word here is applying. Generating creative ideas is
certainly part of the process. But in order to produce true innovation, you have to
actually do something different that has value.
2. False. Innovation is a discipline that can (and should) be planned, measured, and
managed. If left to chance, it won’t happen.
3. False. Everyone has the power to innovate by letting their brain wander, explore,
connect, and see the world differently. The problem is that we’re all running so fast that
we fail to make time for the activities that allow our brains to see patterns and make
connections. Such as pausing and wondering….what if?
4. False. In most organizations, the biggest obstacle to innovation is what people
already know to be true about their customers, markets, and business. Whenever you’re
absolutely, positively sure you’re right, any chance at meaningful innovation goes out
the window.
https://www.forbes.com/sites/work-in-progress/2011/12/06/test-your-innovation-iq/#3133e7f0395b
5. False. It’s certainly important to bring new products and services to market. But the
most important form of innovation, and the #1 challenge for today’s business leaders
may really be reinventing the way we manage ourselves and our companies.
6. False. New ideas are a dime a dozen. The hard part is turning those ideas into new
products and services that customers value and are willing to pay for -- a process that
requires knowledge about what your customers want and need, coupled with
implementation.
7. True. Ask a question and the brain responds instinctually to get closure. The key with
innovation is to ask questions that open people to possibilities, new ways of looking at
the same data, and new interpre.
In the quest for innovation, companies all over the world are embracing the need for customer insight to drive product development, with many corporates investing in innovation labs with user testing facilities, and embarking on large scale customer research.
These kinds of undertakings do not come cheap - so when you do choose to invest in customer research, how do you make sure you get the most out of your spend?
Here's Wilson Fletcher's view on getting the most out of user research and the best way of implementing it to consistently drive successful innovation.
As presented by Lauren Argenta at Wilson Fletcher's Sydney event on 7th April 2016.
7 ways to get more value from your precious customer insightMartin Wright
How often have you seen expensive research gathering dust; wasted and ignore? Insights capable of helping a company become fitter, more popular and richer crowded out by today’s urgent demands?
In this multi-channel, fast moving and competitive world understanding customers better has never been more important.
Here are seven things we do that help companies fully exploit the value locked in this rich resource. Some are simple, others require effort; all provide great value for money.
Marketing for Startup: 14 Things You Shouldn't MissLukas Obdrzalek
I focused on 3 topics
- What should you know when setting up your marketing
- How you should build your marketing team
- How you should choose your agency and how to work with it
I would define ‘Customer Experience’as:
‘How customers or prospective customers perceive their interactions with your organisation’
Customer experience encompasses every aspect of an organisation’s offering - the quality of customer care, of course, but also advertising, packaging, product and service features, ease of use, and reliability.
How can you drive a consistently good and improving Customer Experience for your customers or prospects?
In this A to Z I’ll give you some of the answers and some tips from Oak Consult
Open Pantry Consulting - How To start Or Renew Your Food BusinessShaun de Vries
What we have put together in the following pages is a practical guide on what we have learned are essential topics. This is based on years of experience and applied knowledge in our services, which has been created to help anyone who wants to explore owning a venue, or who is already a gastronomic entrepreneur.
Covers answers of two majorly asked questions in the field of entrepreneurship and the questions are-
What makes your business unique in 21st century and how can you get success?
Elaborate challenges or threats on entrepreneurship in 21st centuries and how they are converted to opportunities?
I have been an entrepreneur for more than three decades now and set up ventures in different domains in different time periods. My experience happens to strengthen my view that entrepreneurship is very dynamic and yet unchanging in several aspects. It demands so many things from us and yet continues to remain steadfast to its core. Now, what is it that we should be aware about entrepreneurship? What is it that we should always try to keep ourselves aware about?
Learn the key things a successful startup needseTailing India
Starting a business is hard. There are many reasons why small businesses fail, even if they have a great product or service and plenty of funding. According to a study by ShikharGhosh, a senior lecturer at Harvard Business School, as many as 95% of startup companies never see their projected returns on investment. So, what are the keys to startup success and how can you know if a startup is likely to succeed?
You're Ready to Start Marketing. Now What? (Series: Digital Marketing Tips fo...Financial Poise
Business owners should certainly have a clear plan for their marketing and should understand which channels are the best fit for their marketing mix. However, there are a few more things that should be done, once it’s time to start marketing. As an example, it’s important to have Google Analytics setup on the company’s website. This will be incredibly beneficial for tracking success. It’s a free tool from Google, but it won’t work until it’s been added to the website’s coding. Upon completion of this episode, the business owner will discover a variety of marketing tips which will increase their online exposure and improve their ability to refine their marketing plan for greater results.
To listen to this webinar on-demand, go to: https://www.financialpoise.com/financial-poise-webinars/youre-ready-to-start-marketing-now-what-2020/
Outside In - Innovation and Insights Consultancy CredentialsMat Shore
At outside InTM we believe passionately that you can teach the core language and skills of disciplined insight and value proposition creation to commercial teams and R&D folks alike. Glowing testimonials from a roster of global clients suggest that we are able to build competency in even the most complex markets and organisations.
Unlike other training consultancies we don’t teach anything else but value proposition creation,so we are the experts. Watch our video to find out exactly what we cover.
https://www.youtube.com/watch?v=WVcBcwnO1cQ
10½ ways patent attorneys in europe can make themselves more attractiveDouglas McPherson
The exchange of work between patent and trade mark attorneys in different countries is mainstay of the IP industry. But how can European attorneys make themselves more attractive to UK and US attorneys?
Buyers can now discover nearly everything about companies, products and
services from websites and other Web sources, including what customers are
saying on social media.
13 Common Entrepreneurial Mistakes Newbies Must KnowElijah Sharpe
Being an entrepreneur, individuals must need to be full of enthusiasm and passion. In fact, the tycoons have to do everything possible in order to make the things move their way. But this does not mean that they always get success, whatever they do. Actually, every entrepreneur’s make some mistakes along the way that will end up costing them.
In reality, little mistakes are the part of life but the thing matter is how entrepreneurs recover from these blunders. Getting back to the business by learning from the mistakes make it stronger. One can learn from the older businesspersons who made some trials and fails at any stage and finally get success. Hence, doing some research and listening to your market in order to understand your niche is crucial.
In this article, 13 members of Young Entrepreneur Council have shared the biggest mistake they made as a newbie. The purpose of sharing these mistakes is that one can save themselves from making the same errors. Below mentioned are a few blunders they said to avoid:
Elijah Sharpe - High performing and dynamic entrepreneur who is working towards, and with breakthrough innovative technologies. Driven to succeed as exhibited through a commitment to startup ventures and business ownership.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
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Open Pantry Consulting - How To start Or Renew Your Food BusinessShaun de Vries
What we have put together in the following pages is a practical guide on what we have learned are essential topics. This is based on years of experience and applied knowledge in our services, which has been created to help anyone who wants to explore owning a venue, or who is already a gastronomic entrepreneur.
Covers answers of two majorly asked questions in the field of entrepreneurship and the questions are-
What makes your business unique in 21st century and how can you get success?
Elaborate challenges or threats on entrepreneurship in 21st centuries and how they are converted to opportunities?
I have been an entrepreneur for more than three decades now and set up ventures in different domains in different time periods. My experience happens to strengthen my view that entrepreneurship is very dynamic and yet unchanging in several aspects. It demands so many things from us and yet continues to remain steadfast to its core. Now, what is it that we should be aware about entrepreneurship? What is it that we should always try to keep ourselves aware about?
Learn the key things a successful startup needseTailing India
Starting a business is hard. There are many reasons why small businesses fail, even if they have a great product or service and plenty of funding. According to a study by ShikharGhosh, a senior lecturer at Harvard Business School, as many as 95% of startup companies never see their projected returns on investment. So, what are the keys to startup success and how can you know if a startup is likely to succeed?
You're Ready to Start Marketing. Now What? (Series: Digital Marketing Tips fo...Financial Poise
Business owners should certainly have a clear plan for their marketing and should understand which channels are the best fit for their marketing mix. However, there are a few more things that should be done, once it’s time to start marketing. As an example, it’s important to have Google Analytics setup on the company’s website. This will be incredibly beneficial for tracking success. It’s a free tool from Google, but it won’t work until it’s been added to the website’s coding. Upon completion of this episode, the business owner will discover a variety of marketing tips which will increase their online exposure and improve their ability to refine their marketing plan for greater results.
To listen to this webinar on-demand, go to: https://www.financialpoise.com/financial-poise-webinars/youre-ready-to-start-marketing-now-what-2020/
Outside In - Innovation and Insights Consultancy CredentialsMat Shore
At outside InTM we believe passionately that you can teach the core language and skills of disciplined insight and value proposition creation to commercial teams and R&D folks alike. Glowing testimonials from a roster of global clients suggest that we are able to build competency in even the most complex markets and organisations.
Unlike other training consultancies we don’t teach anything else but value proposition creation,so we are the experts. Watch our video to find out exactly what we cover.
https://www.youtube.com/watch?v=WVcBcwnO1cQ
10½ ways patent attorneys in europe can make themselves more attractiveDouglas McPherson
The exchange of work between patent and trade mark attorneys in different countries is mainstay of the IP industry. But how can European attorneys make themselves more attractive to UK and US attorneys?
Buyers can now discover nearly everything about companies, products and
services from websites and other Web sources, including what customers are
saying on social media.
13 Common Entrepreneurial Mistakes Newbies Must KnowElijah Sharpe
Being an entrepreneur, individuals must need to be full of enthusiasm and passion. In fact, the tycoons have to do everything possible in order to make the things move their way. But this does not mean that they always get success, whatever they do. Actually, every entrepreneur’s make some mistakes along the way that will end up costing them.
In reality, little mistakes are the part of life but the thing matter is how entrepreneurs recover from these blunders. Getting back to the business by learning from the mistakes make it stronger. One can learn from the older businesspersons who made some trials and fails at any stage and finally get success. Hence, doing some research and listening to your market in order to understand your niche is crucial.
In this article, 13 members of Young Entrepreneur Council have shared the biggest mistake they made as a newbie. The purpose of sharing these mistakes is that one can save themselves from making the same errors. Below mentioned are a few blunders they said to avoid:
Elijah Sharpe - High performing and dynamic entrepreneur who is working towards, and with breakthrough innovative technologies. Driven to succeed as exhibited through a commitment to startup ventures and business ownership.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
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2. For the past 20 years, the theory of disruptive
innovation has been enormously influential in business
circles and a powerful tool for predicting which industry
entrants will succeed. The great news is that being a
disruptor doesn't require you to have your own reality
show, helicopter, or casino-hotel. All you need is a fresh
perspective and some support in the form of ideas and
inspiration.
We asked entrepreneurs about their use of disruption
in their business.
3. #1- By finding ways to help people
For me, being disruptive is finding ways to help people
work with systems more naturally. Before starting Lift
Vault, it was often complicated and difficult to find
some of the most in-demand fitness and weightlifting
routines. Most people don’t want to implement the
first weightlifting program they find online. Lift Vault
gives customers a way to shop for their ideal program,
just like they would any other online product or fitness
routine.
4. #2- By sustaining authenticity
As an immigrant, I have walked the path that many of
my clients now look to me for guidance in navigating.
Sustaining authenticity is how I am being disruptive. My
sworn duty is to guide my clients with passion,
purpose, and perspective. I bring my whole self to my
line of work to represent my clients with a genuine
effort to understand their needs, and a sincere effort to
relate to them. Ultimately, I’m being disruptive by being
authentic and giving my all to produce fruitful results
for my firm and my clients.
5. #3- By changing with the shifts in consumer behavior
Consumer behavior undoubtedly ebbs and flows
alongside technological advancements and other
dynamic trends. To be disruptive in ways that matter,
study and predict consumer behavior closely to arrive
at potential outcomes. Then, keep shifting working
styles, activities, and processes in favor of these
outcomes to stay agile and prepared for inevitable
changes. This keeps employees on their toes and
equips them to rise to the occasion in the face of
upcoming challenges or changes. And I think that's
what made me so successful in business: I never settled
for second best.
6. #4- By being authentic
Don’t just endure failure instead, squeeze it as facts
that your organization is expanding, learning, and
trying innovative things. Based on my experience, it’s
all about being authentic and unshakeable in accepting
new ideas and looking out for new competition that
might disrupt our industry in the future. Disruptive help
improves your business to generate more genuinely
innovative services and products. Failure mold your
capability to be tougher in facing circumstances, in
order to reach success.
7. #5- Saving our customers' time
We are disrupting marketing by saving our customers a
lot of time. For example, 94% of applicants get money
in their bank the very next day itself. Moreover, the
application takes just 5 minutes to fill. We are also 60%
cheaper than competitors and 100% more honest. We
do not charge any late fees or change fees. There is no
better disruption than being better and charging less
while being super quick.
8. #6- Telling stories
Stories are one of the most powerful means of
communicating customer success and precious few
salespeople know how to do it. Learn, and get good at
it, then use that skill constantly. The reason this
approach isn’t tried more often is that it’s safe to go
with what’s ‘proven.’ Taking this approach means
stepping out of your comfort zone as well as your
customers, trying new techniques and skills, and
making notes of what works and what doesn’t.
9. #7- Make getting un-stuck stick
Getting out of the grip of boredom, monotony, or
whatever is holding you back is just the first step, not
the last. Once you're unstuck, you have to make the
new ideas/culture changes/behavior
modifications/process enhancements a part of your
organization's everyday workings. Make a plan for how
to keep the feelings of lightness, freedom, and inspired
thinking going for the long haul. Hold events, recognize
employee achievements on the path to reaching your
greatness, celebrate wins, honor customers, give back,
and repeat.
10. #8- Taking risks
Take a risk and empower your people to do the same!
Don't be silly, but be daring in a calculated way. Give
people the boundaries within which you're comfortable
with them trying a new approach or testing a new idea.
Even if it doesn't work out the first time, or even the
fifth time, the respect you'll earn for going out on a
limb will carry a lot of weight. Another way is to draw a
picture. Most people benefit from actually seeing a
visual representation of where you are today and
where you want to go.
11. #9- Changing my industry's onboarding method
Here's how I'm being disruptive by replacing ‘free
discovery calls and proposals' with ‘paid strategy
sessions and blueprints'. They are the industry standard
for copywriters and many other service-based
solopreneurs. Personally, I find them too time-
consuming, and lots of uncommitted prospects end up
ghosting you after you've spent hours between the
actual call and crafting a proposal. So, this year, I've
replaced them with paid strategy sessions and
blueprints! Yes, this has put off quite a few prospects,
but it's also allowing me to use my limited time to focus
on clients who are actually serious.
12. #10- Don’t follow disruptive competitors
Existing players frequently lack the competence or cost-
effectiveness that disruptive innovators do when their
product fulfills market demands. See how Tesla has
elevated the technological bar for the automotive
battery market in a way that no other automobile
manufacturer has been able to in the past and is still
unable to do in the present. Organizations are
frequently penalized for following, which causes them
to diminish in importance or even cease to exist.
13. #11- Go your own way
I love grilling, and I love writing about grilling but I
don’t like the way things are done in either industry, as
it’s always been a case of who, and not what, you know
that makes people famous and rich. So I figured that, in
the words of Fleetwood Mac, I’d go my own way and do
my own thing and that’s why I established Own The
Grill. I know I’m not going to win any popularity
contests and I’m not going to make a lot of friends, but
that doesn’t matter, because I need to do things my
way and if that involves disrupting the norm.
14. #12-Being transparent
At NJ Law Results, we make an effort to be as
transparent as we can with our clients, whether they
are potential or secured. While this may not seem
disruptive, it can be difficult to find law firms that
openly share their thoughts about the industry! For
example, our business website has a ‘Blog’ page, which
shares a mixture of need-to-know information, and also
some more informal and personal content. With this
transparency, we hope that we can break down the
barriers between our lawyers and our audience. This
kind of strategy can work for many different types of
companies.
15. #13- Understanding my customers
One of the most important tasks I've done has been
trying to better understand my clients. I learned that I
must clearly identify my audience, but also grasp what
they want. Above all, you must understand why your
clients buy your items if you currently have a firm, or
what you expect the reason to be with your new
enterprise. The reason for utilizing your product or
service will disclose a lot about the type of consumer
you're working with. In reality, it not only reveals your
clients' wants, but it also informs you about the
competitors.
16. #14- Content creation
Because I have specialized in a very specific niche
(furnace and heating), I have created content on
everything imaginable within that market – including
reviews, buying guides, calculators, and even Covid-19
Safety guides. I have cornered the market on
everything heating related – which means
that I am the go-to furnace information site. In being so
broad with my types of content, but so specific with my
overall subject, I am making my consumers’ lives much
easier when they need advice because everything is on
one domain!
17. #15- Embracing challenges
I embrace disruptions as a means of overcoming
challenges with unique strategies. Therefore, when it
comes to being disruptive in my business, I first
evaluate technologies that help me get revolutionary
ideas to shape the future of my start-up. Then, I make
disruptive strategies and take the first move towards
execution. Next, I closely observe my competitors'
business operations to gain insight into their strategic
planning. Finally, I focus on customer experience as
they guide me in adopting disruptions.
18. #16- Making a plan
Understanding how and when to apply disruptive
innovation is essential for success, in addition to
developing a clear plan to fill a market gap. I make sure
staff feel empowered to present and advance fresh
ideas in the early stages of a company or product's life.
This is referred to as an emergent strategy. Setting the
course of my company requires understanding when to
use emergent or planned strategies. An emerging
strategy typically performs best in times of uncertainty.
19. #17- By making fasting simple
Disruptive sometimes has a negative connotation. But
in business, being disruptive is often a good thing. It's
how you challenge the status quo and create
something new and innovative. I'm being disruptive by
helping people fast, quickly, and effectively with the
DoFasting app. By making fasting simple and accessible,
we're disrupting how people think about health and
wellness. Fasting has traditionally been seen as a
difficult and restrictive practice, but with DoFasting, it
can be easy and enjoyable. This is how we're being
disruptive.
20. #18- Understanding the mindset
A CEO's vision for the future of business is crucial to a
company's success or failure. Understanding the
mindset of a disruptive leader can help identify
extraordinary companies. This Jack says about this, The
first thing to realize about disruption is that it works
both ways. You are either the disruptor or the
disrupted. This means that if you aren't making things
happen for yourself or your firm, someone else will
most likely put you out of business right under your
nose with a lower pricing point and a better business
plan.
21. #19- Challenge the status quo
I believe disruptive strategies help me make innovation
a reality sooner than later. That is why I challenge the
status quo in my company from time to time and
request all professionals to make changes to their
business marketing campaigns, communication style,
meetings, seminars, etc. It helps us to cultivate
innovation in everyday business practices. Moving out
of my comfort zone and taking on challenges allows me
to improve my problem-solving skills and deal with
different business issues.
22. #20- Make the new normal better
Many changes have already occurred this year, and our
clients, customers, and associates are eager to adapt to
what lies ahead. Leadership doesn't require being a
virtual reality startup or a biotech company. Make sure
you understand the technology and workflows you'll
use, then scrutinize your current offerings more closely
than ever. What are you doing now that can be
improved or changed entirely? Many companies will
resist this change and get swept up instead of
embracing it. You must be willing to stand out if you
want to be disruptive.
23. #21- Media appearances
I have to admit, I don’t often think of myself as a
particularly disruptive person, but I think all
entrepreneurs and business owners are in some sense
disruptive. If I had to point to the ways I have been
disruptive as the co-founder of a successful business, I
would point to the long string of media appearances
and features that I have done. Not everyone would be
comfortable with talking publicly on large media
platforms like Fox Business, and yet I have sought out
the opportunity time and time again.
24. #22- Challenging the norm
For me, being disruptive means thinking outside the
box, and you can only do this if you challenge the
norm. I am not one to sit around and accept things as
they are. I am always curious to learn more and
question the status quo. As an entrepreneur, I feel like
it’s our job to step out of the mold and inspire others.
The moment you do that, you’re creating a space
where people don’t have a herd mentality. As a result,
causing disruption. I also always try to do things that
might not be my cup of tea.
25. #23- Serving your clients
It's less about being disruptive and more about serving
clients in the way they want. We entered the contract
research organization industry because we saw smaller
inventors entering the market with no support to get
through the FDA. Without CRO support, ideas may not
make it to market. That means patients won't receive
the lifesaving or life-enhancing drug or device. My
recommendation to entrepreneurs who want to be
disruptive is to look at what could be improved.
26. #24- By providing timely services
Our company stays productive by offering timely
customer service via their most convenient means,
including mobile applications and websites. Traditional
lending institutions are curtailed in their mission and
meeting customer expectations due to stringent
regulations and company culture, thus providing an
opening for companies like ours to flourish.
27. #25- By engaging with the community
To be disruptive, you have to think about what’s
happening in the market and how your product or
service can make a difference. We're disrupting the
market by creating a more accessible market and
approachable marketplace for people to get their Off-
Road parts and accessories. We carry hundreds of
items that are exclusively available through our site. We
have been able to create a community and get engaged
with the off-road community, which has allowed us to
provide the best products and services to them.
28. #26- By creating monetization tools
For context, at Plaiced, we create monetization tools to
help online communities increase their value
proposition and grow their member base. We are
democratizing access globally to advertising dollars by
removing the many barriers that exist between the 1%
and the other user types. It has been fundamentally
important for me to lead as a purpose-driven CEO and
company. This method has enabled us to reduce the
noise of low-hanging fruit opportunities that only
provide short-term gains. As a result, it has increased
our willingness to learn at every turn and listen more
attentively.
29. #27- By continuous learning
Disruptive leaders possess a nearly insatiable interest in
a broad range of topics. They draw ideas from unusual
subjects and obtain learning experiences from
unexpected places. I firmly believe that disruptive
leaders never stop educating themselves. They
constantly seek knowledge, such as learning a new
language, technical knowledge or skill, or a new
business concept. With today’s advanced technology,
more leaders can become disruptive, implementing
innovation, digital transformation, and agile
management.
30. #28- Through a groundbreaking discovery
I'm a researcher turned eCommerce guru. My company
has disrupted the supplement industry by creating a
pure form of pentadecanoic acid — the first essential
fatty acid to be discovered in 90 years. It’s actually
scientifically proven to support cellular health better
than the leading omega-3 fatty acid. The moment you
know you’re onto something great, you can’t keep it all
to yourself. I see it as my responsibility to help others
live their healthiest life.
31. #29- By creating social impact
I am being disruptive by radically committing to
philanthropy and creating social impact. Most
businesses would claim that they are giving back to
society in one way or another. Some would even say
that the work they’re doing helps create advancements
that will ultimately trickle down the rungs of society. I
agree with this description, but I also believe
entrepreneurs can do so much better than that. I have
made it my life’s mission to pay forward as much as I
can by empowering the underserved and
underprivileged to achieve their true potential in life.
That, I believe, is more disruptive.
32. #30- By leveraging data and technology
Checkr is able to provide a more accurate and
comprehensive picture of a candidate, which leads to
fairer hiring decisions. In addition, our continuous
monitoring feature helps organizations identify
potential red flags that may have gone undetected in
the past. This way, companies can be proactive in
addressing issues before they become problems. To
disrupt a traditional industry, we use data and
technology to provide an accurate picture of the
candidate and help organizations make fairer hiring
decisions.
https://ceoblognation.com/