What we can learn from disruptive innovation in Asia

What we can learn from disruptive innovation in Asia

Disruptive and radical innovation are often used interchangeably, but they have distinct differences. Disruptive innovation breaks the market through new business models, while radical innovation introduces new technical competencies. Stashaway and Huawei showcase these types of innovation in Asia. Stashaway created a new investment business plan, while Huawei reshaped the future of telecommunications and healthcare. Strategies for creating market-changing innovation include outlining clear plans, targeting underserved markets, and validating assumptions through experimentation.

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More Innovation Resources:

Innovate your purpose not just your product

The US Postal Service is struggling due to competition from digital communication and private delivery services. However, this could have been avoided if they had innovated their purpose.

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Lessons from Monet: Impressions of Innovation

Claude Monet's innovative approach to painting can offer valuable lessons for modern innovation practitioners, from immersing oneself in a subject to cultivating one's own controlled environment for experimentation, capturing fleeting observations, and the importance of passion and perseverance in the face of failure.

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The Best Qualitative Risk Assessment Methods

An effective project manager must have the skill of risk assessment to manage any project successfully. There are two types of risk assessments and various methods to assess risks qualitatively.

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