Disruptive Innovation Examples that Transformed Industries

Disruptive innovation occurs when new businesses recognize an unmet market gap or a previously ignored segment, and provide an alternate product or service that is accessible and economical. Some of the best examples are Tesla, which pushes cutting-edge technology and sustainability; Airbnb, which changed the way the hotel business operates; Uber, which made travel inexpensive; Netflix, which disrupted the way we watch movies; and Amazon, which disrupted the way we buy items online.

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Building the Core Competencies for Innovation

Building core competencies for innovation requires a unifying framework, gaining alignment, working blueprint, business focus orientation, well-designed competencies, critical behaviors, motivators, and dependencies.

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