asei national convention, dit-2015 detroit, sept. 19 th, 2015 disruptive & innovative...

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

September19, 2015 Copyright Dr. Rajiv R. Shah 1

What Disruptive Innovation IS NOT


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


Detroit

Dallas

New Technology

New Bus. Model

Disruptive Innovation – PAST & RECENT EXAMPLES


• 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, ………………………


Disruptive Innovation –Emerging EXAMPLES

Source: The Economist, 01/25, 2015, What Disruptive Innovation Means



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





Source: KPCB, Internet Trends, 2015

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Disruptive Innovation




Backup Slides


Disruptive Innovation




asei national convention, dit-2015 detroit, sept. 19 th, 2015 disruptive & innovative...

Documents

discontinuous innovation

radical innovation

transformative innovation

strategic innovation

shah2disruptive innovation

dwolla disruptive innovation

previous solution september19

ut dallas september19