Summary of Mastering the Hype Cycle
How to Choose the Right Innovation at the Right Time
Copyright 2008 Gartner, Inc.
Summarized by permission of Harvard Business Review Press
Use the “hype cycle” to assess the next best thing.
Everybody’s talking about it – the next best thing that’s going to reorder industries, catapult early adopters to the top and make millions for those on the ground floor. How do you know when to hop on the innovation bandwagon or stay on the sidelines? You can’t rely on your gut to choose which innovation presents a genuine opportunity, but the well-considered “hype cycle” can make a difference. Technology researchers Jackie Fenn and Mark Raskino devised this model to help you determine which innovations to adopt, when to adopt them and how to integrate them into your business. This rubric takes you beyond the buzz to help you make well-reasoned, thoughtful choices. getAbstract suggests this useful manual to anyone making decisions about new products and services, technological breakthroughs, creative processes or bold ideas.
In this summary, you will learn
- How to use the “hype cycle” to reject, choose and adopt innovations; and
- How to avoid common innovation adoption pitfalls.
Comment on this summary
5 years agoI found this really helpful for an upcoming campaign at work as well as looking at my personal goals.
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