Comments on: Is This Innovation Too Disruptive for My Firm? http://www.sviokla.com/design/is-this-innovation-too-disruptive-for-my-firm/ Innovation: past, present and future Wed, 01 Jun 2011 21:14:55 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Tom Vollbrecht http://www.sviokla.com/design/is-this-innovation-too-disruptive-for-my-firm/comment-page-1/#comment-392 Tom Vollbrecht Sat, 16 Jan 2010 00:13:37 +0000 http://www.sviokla.com/design/is-this-innovation-too-disruptive-for-my-firm/#comment-392 John, I certainly follow your logic, but I think it is perhaps a bit too broad as an all encompassing framework. Perhaps (or perhaps not) for the New York Times, a Craig's List model would not work. On the other hand, regional and local newspapers are falling like flies; they either have to get online or face a virtual certitude of failure (see www.matchbin.com). Look, also, at the 3M model where innovation is their entire lifeblood. Indeed, large percentages of each operating unit's revenues must come from new products, some of which come from seemingly dubious concepts. The most well known of these is the Post It Note. Innovation is a tricky thing. Remain a cash cow too long and become irrelevant. Innovate too fast and never reach profitability. Jim Collin's writing on innovation comes to mind, whereby there needs to be an underlying "purpose" the company rallies around. This, according to Collins, needs to be the litmus test for the compatibility of innovation. John, I certainly follow your logic, but I think it is perhaps a bit too broad as an all encompassing framework. Perhaps (or perhaps not) for the New York Times, a Craig’s List model would not work. On the other hand, regional and local newspapers are falling like flies; they either have to get online or face a virtual certitude of failure (see http://www.matchbin.com).

Look, also, at the 3M model where innovation is their entire lifeblood. Indeed, large percentages of each operating unit’s revenues must come from new products, some of which come from seemingly dubious concepts. The most well known of these is the Post It Note.

Innovation is a tricky thing. Remain a cash cow too long and become irrelevant. Innovate too fast and never reach profitability. Jim Collin’s writing on innovation comes to mind, whereby there needs to be an underlying “purpose” the company rallies around. This, according to Collins, needs to be the litmus test for the compatibility of innovation.

]]>