| What
is Disruptive Challenges©?
Disruptive Challenges© is a unique
service that monitors technologies from disparate industries to
identify "disruptive technologies" that can cause debilitating
issues in a client’s business.
What
is a Disruptive Technology?
A disruptive technology is one that can cause basic changes in a
way the market functions and consumers behave. Disruptive technologies
can have far reaching consequences that alter the basic economic
rules and the competitive landscape of an industry or product category.
The disruptive technology oftentimes moves through the market like
a brushfire, causing chaos and bringing new opportunities to those
that are paying attention and have planned for the disruption.
How
does a Disruptive Technology surface so quickly and without warning?
Actually, most disruptive technologies have been developing for
a quite a while before they appear in a particular industry’s
competitive arena. They most likely have been have been reported
in technical and trade journals. Patents protecting the new technology
are frequently a matter of public record with the United States
Patent and Trademark Office long before they appear in the public
domain as a product.
So if the disruptive technology has been in the public domain for
awhile, why does it come as a surprise to many businesses? This
happens mainly for three reasons:
- Firstly,
most managers are overworked, overwhelmed and focused on solving
the latest, most serious crisis. This leaves almost no time to
think ahead about developing threats to the current business.
- Secondly,
most organizations have reduced headcount and streamlined their
organizations to the point that there is no left one in the company
responsible for monitoring obscure technical threats to the business.
Traditionally that would have been someone in the R&D, Engineering,
or Competitive Intelligence departments. However, almost all of
these departments in today’s environment are operating on
reduced budgets and headcounts. Usually the first information
about a disruptive technology trickles in from the Sales department;
that’s often too late to react to an unexpected, significant
technology-based competitive threat.
- The
third -- and most critical -- reason disruptive technologies seem
to explode on the business scene is that they usually are developed
in a totally different industrial segment. Its potential is realized
by a competitor or entrepreneur and is then quietly imported into
your business segment.
What
can be done to address unexpected, Disruptive Technology threats?
You can avoid becoming a casualty of disruptive technology by utilizing
our unique, proprietary Disruptive Challenges©
service. Disruptive
Challenges©
uses an extensive network of world class experts, numerous knowledge
databases, leading edge strategic technical insights and innovative
thought processes to look across a broad range of disparate industries
to identify, monitor and forecast technologies that can cause disruptions
in your business. Additionally, Disruptive
Challenges©
also allows you to get "ahead of the curve" so that you
can exploit new technology developments to your benefit.
Disruptive
Challenges©
is offered as a one-time analysis or an ongoing subscription service
to monitor potential technology threats and report to you in a comprehensive,
tailored manner to meet your needs.
Innovation
Spectrum™ offers a number of services
to help your company:
- Product and Package Innovation and Development
- Developing Critical Consumer and Technology Insights and
Linkages
- Strategic Planning for Product and Package Development
- Enhancing Organizational Innovation Effectiveness
- Technology Scouting©
- Technology Reformatting©
- Disruptive Challenges©
Please
contact us
for more information on how we can help your company prosper.
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