Summary of Disruptive Innovation Turning Industries Upside Down

Jim Harris

ideacity, 2016 more...

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Disruptive Innovation Turning Industries Upside Down summary

To disrupt your industry, focus on transforming your business model.

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Disruptive innovation is transforming the world. But according to business consultant Jim Harris, corporate leaders spend too much energy and money on product innovation when they ought to invest in lucrative business model innovation. Alas, Harris’s presentation lacks cohesion, yet his report is chock-full of illuminating examples and case studies. getAbstract recommends Harris’s report to executives seeking inspiration to revamp their firms’ offerings.

In this summary, you will learn

How industry giants are creating disruption,
Why companies must cooperate to remain competitive, and
Why business model innovation holds more potential than product innovation.

Summary

During the 2014 FIFA World Cup, 600,000 soccer fans flocked to Brazil. Rather than building many hotels that would subsequently lie idle, the tournament hosts relied on a new business model, Airbnb, to accommodate 120,000 guests. Such disruptive...

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