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Innovation & Institutions, Will it Blend?
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Rescooped by Deb Nystrom, REVELN from Change Leadership Watch
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Why Apple, Academia, Tesla & VCs May Die, Disruption Guru Christensen Talks

Why Apple, Academia, Tesla & VCs May Die, Disruption Guru Christensen Talks | Innovation & Institutions, Will it Blend? | Scoop.it

"Harvard business professor Clayton Christensen literally wrote the book on technology disruption...and he thinks Apple, Tesla Motors, venture capitalists and most of the nation’s colleges and universities should be afraid."

  

The author of The Innovator’s Dilemma said Wednesday that all of them could be killed by less advanced competitors in the same way that many once dominant technology companies have been in the past.

  

...He believes that and the commoditization of smartphones threaten Apple in the long run.

  

...“For 300 years, higher education was not disruptable because there was no technological core."

  

“But now online learning brings to higher education this technological core, and people who are very complacent are in deep trouble.'

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...people who are very complacent are in deep trouble.

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...“there is a different business model that is disrupting this in addition to online learning. It’s on-the-job education. ...you come in for a week and we’ll teach you about strategy and you go off and develop a strategy.  


...You learn it and you use it. These are very different business models and that’s what’s killing us.”

Deb Nystrom, REVELN's insight:

I've posted this to BOTH Change Leader Watch & here.  On the Innovations & Institutions stream, I'll be adding examples of organizations that are adapting to this disruption in academe and the other industries mentioned.  ~  Deb

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Marie Jeffery's comment, February 11, 2013 11:13 AM
KMInstitute.org
Deb Nystrom, REVELN's comment, February 17, 2013 4:30 PM
Thanks for your comments Marie. Knowledge Management is quite an industry, with various opinions of the traction it holds in business. I am most curious as to where it is headed.
Patrick J Scanlon's curator insight, March 12, 2013 5:58 PM

If you don't like change.  You will like irrelevance even less #media #higherEd #VC

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Why Best Buy is Going out of Business...Gradually - Forbes

Why Best Buy is Going out of Business...Gradually - Forbes | Innovation & Institutions, Will it Blend? | Scoop.it
Consumer electronics retailer Best Buy is doing everything wrong.


Yep, failure to innovate quickly enough in an age of rapid innovation.

Failure to know & implement HOW to innovation


The Wall Street Journal post on this curation site and this Forbes article make a good pair, a good mash-up of why Innovation and Institutions, Will it Blend is a continuing question on survivability.


Here's an excerpt:


....The company remains a ripe target for more nimble competitors.


...To discover the real reasons behind the company’s decline, just take this simple test. Walk into one of the company’s retail locations or shop online. And try, really try, not to lose your temper.


I admit. I can’t do it.


...According to the company’s website, it’s backordered but available for pickup at the store we visited. The item wasn’t there, however, and the sales staff had no information.


...my friend decided to buy some other blu-ray discs. Or at least he tried to, until we were “assisted” by a young, poorly groomed sales clerk from the TV department, who wandered over to interrogate us. What kind of TV do you have? Do you have a cable service, or a satellite service? Do you have a triple play service plan?


My friend politely but firmly told him he was not interested in switching his service...The used car style questions continued.


We left the store, my friend having made his purchase but both of us fuming. 

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Leading in a VUCA world

Leading in a VUCA world | Innovation & Institutions, Will it Blend? | Scoop.it

"How’s your leadership working on in your VUCA world (Volatile, uncertain, complex and ambiguous)? "


Liz Guthridge has written a great post on leading in a VUCA world; VCUA stands for volatile, uncertain, complex and ambiguous, a term coined by the US Army War College in the weeks before September 11, 2001.  


Liz & I discussed the need for collaboration and community across disciplines to succeed in a VUCA world in connection with our recent panel + Open Space presentation we did for a global change conference.


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VUCA can provide threats [and] offer opportunities, especially if you translate VUCA as “vision, understanding, clarity and agility.” ~ Dr. Bob Johansen

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Here are some excerpts of her take on the insightful presentation by one of our keynote presenters:


"Leading in a VUCA world" is a popular phrase with Bob Johansen, a distinguished fellow and former president of Institute for the Future.


According to Dr. Johansen, who shared his 2020 forecast at the Association of Change Management Professionals global conference this week, our VUCA world is not going away. In fact it’s just going to spin faster during the next decade.


In his talk “External Future Forces That Will Disrupt the Practice of Change Management,” Dr. Johansen noted that VUCA is not necessarily doom and gloom. While VUCA can provide threats, it also can offer opportunities, especially if you translate VUCA as “vision, understanding, clarity and agility.”


As for his two big 2022 predictions for organizational change agents, they are:


1. “The digital natives (now 16 years or younger) will create new practices to make change through gaming.” (The other key phrase besides gaming in this sentence is “make.” Dr. Johansen predicts that a culture of makers will drive the next generation of change. And as a result, leaders need to show the “maker instinct” trait.)


2. “Reciprocity-based innovation will focus on the economic, social and psychological value of reciprocity.” (Two important traits for leaders are smart-mob organizing and commons creating. Think Creative Commons.)


Dr. Johansen challenged the 825 of us in attendance to figure out how to help people and organizations adapt to these changes and others.


To do this, we should watch our terms and our questions.  Read Liz's full post here.

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Tom Hood's curator insight, April 6, 2013 5:16 PM

We just covered this in our townhall this past Monday. Arelene Thomas (AICPA/CGMA) talked about VUCA related to CPAs in Biz/Industry.


VUCA can provide threats [and] offer opportunities, especially if you translate VUCA as “vision, understanding, clarity and agility.” ~ Dr. Bob Johansen

Ivon Prefontaine's curator insight, April 6, 2013 5:26 PM

We need to consider VUCA

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Thrivers who Beat Innovation's Toll on the American Corporation | Wall Street Journal

Thrivers who Beat Innovation's Toll on the American Corporation | Wall Street Journal | Innovation & Institutions, Will it Blend? | Scoop.it

Creative destruction is looming over companies like Kodak and Barnes & Noble, focusing American executive minds on two questions:

  1. Are large companies able to innovate quickly enough in an age of rapid disruption?
  2. And if they can, how do they do it?


This WSJ article offers up what I've seen as a recurring theme: 

  • The large companies that do manage to survive are ruthless about change.
  • The most successful ones aren't afraid to cannibalize their big revenue generators to build new businesses.


Thrivers: 

  • Johnson & Johnson, founded in 1886
  • International Business Machines Corp. just celebrated its 100th birthday
  • 35-year-old Apple Inc. has transformed itself from a small PC maker into a kingpin of mobile devices
  • Google Corp., founded in 1998, is finding new ways to grow beyond its core search engine advertising business


Top executives at successful big companies are a lot like those at small companies, said James W. Breyer, a partner at Facebook Inc. investor Accel Partners and a director at Wal-Mart Stores Inc. and Dell Inc.


Mr. Breyer described these executives as very smart, and able to diversify into new businesses while staying focused on a company's core.




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