Chapter 21: Q 51. (page 523)
What are some examples of innovative products
that have disrupted their industries for the better?
Short Answer
There are various examples of disruptive innovation which are good.
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Chapter 21: Q 51. (page 523)
What are some examples of innovative products
that have disrupted their industries for the better?
There are various examples of disruptive innovation which are good.
Innovative products are the products that can inaugurate new technologies or a new way to do or to have something. This term innovative disruption is coined by late academic and consultant Clayton M. Christensen.
These are some examples of disruptive innovation in today's time:
1). Netflix
Netflix is a very great example of a victorious disruptive innovation strategy. From start, it used to be a company that supplies DVDs, and now it offers a pennywise and convenient product to a region of the market that was previously not targeted.
2). iTunes
The combination of iTunes with iPod is the perfect example of disruptive innovation because it locked iPod users to apple products. As it offered convenience and the least price point at which an iPod user buys iTunes. And as a result, Walkman’s, CDs, DVDs, mp3 are all considered to be classical artifacts in present days.
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