logo

Timing is Important to Make an Innovative Idea Disruptive

Knowledge Center

Disruptive Innovation

Forum

Rating

Bernhard Keim
15
Bernhard Keim
Business Consultant, Germany

Timing is Important to Make an Innovative Idea Disruptive

America had to be discovered more than once, until it really had been discovered. The Apple Newton was a superior answer to a question that people did not bother at that time.
Likewise, Kodak invented the first portable digital camera (more), but the quality of the pictures was so inferior compared to traditional technologies at that time, that they dismissed it. The camera weight was 8 pounds, the resolution 0.01 Megapixel, there were no printers available nor internet services to transmit the picture to a laboratory. There were just floppy disks, and these were low in storage and high in size.

It's easy to claim that Kodak missed an opportunity at that time. But there was no opportunity. The time had yet to come for it.

Brilliant inventions need a supportive environment to innovate. That others like an idea is not nearly enough. There has to be a need, a real market opportunity. And you have to be able to find the people first willing to buy the product to finance its advancement. In other words: the timing has to be right. When the timing is right, innovation happens.

X

Sign up for free

Welcome to the Disruptive Innovation forum of 12manage.

Here we exchange knowledge and experiences in the field of Disruptive Innovation.

❗Sign up now to gain access to 12manage. Completely free.

Reg
 

Rating

  Gabi Levin
5
Gabi Levin
Israel
 

Yes, But You Can Decide and Make the Timing

Kodak missed the opportunity. It's as simple as that. Yes they were the first and faced obstacles, but had they not been so comfortable with their success at the time, they would do what for some time General Electric did - set up a team with the task being: How can somebody destroy my business? Had they not been so cozy such team would say - OK 10,000 pixels will become 100,000, then a million, and figure out that with so many millions it will equal chemical pictures. They would also develop and work with people to develop the means to make it a reality. But Kodak were cozy, ignoring what other people were doing and aspiring to do.

  Bernhard Keim
5
Bernhard Keim
Business Consultant, Germany
 

Remember Leonarda Da Vinci

Leonarda Da Vinci made many inventions well ahead of his time. Why were people not interested? Another example: The first telephone has been invented by Philipp Reis, hardly known nowadays. Why didn't he succeed?
The same can be said about the light-bulb. It had been invented many times, not by Edison. Why did he succeed?


"Nothing is stronger than an idea whose time has come." as Victor Hugo said. A good idea is not enough. A good idea needs an environment where it can unfold. Without this environment there is little chance to succeed. Silicon Valley is a cluster where innovators and financiers meet. There is a supportive framework for fair valuation of ideas and a technological framework has been developed that supports these ideas (something Kodak was lacking when it developed the digital camera).
Last but not least: an invention becomes innovative when it delivers an answer society wants to see solved. That was the problem of Leonardo. He delivered many answers to problems people did not bother about at his time. The reason why people did not listen to him was not because they could not understand him, but because they had no use for his ideas at that time.

  Gary Wong
3
Gary Wong
Consultant, Canada
 

Where Good Ideas Come From

Steven Johnson in his 2010 book Where Good Ideas Come From identifies the need to enable "hunches" from people to collide and thus new ideas to emerge. While timing is vital, so is the connected community (e.g., Silicon Valley). His last statement in his YouTube video is "Chance favours the connected mind".

  Gary Wong
3
Gary Wong
Consultant, Canada
 

Timing is Critical

@Bernhard Keim: I suggest innovation can sometimes go further than delivering an answer society wants to see solved. And that's delivering an innovation that solves a problem society didn't even know they had.
Sony's success with the Walkman was because they created a new need - miniaturization.
Apple followed that with the iPod in 2001. Nice but not a big winner.
The real disruptive innovation was the iTunes store in 2003. The ability to download digital MP3 music for 99 cents emerged because of Napster's failure. It took Steve Jobs years to convince the music industry moguls disruptive change was here to stay. The above is delightfully captured in Adam Fisher's book Valley of Genius.

  Gary Wong
3
Gary Wong
Consultant, Canada
 

Kodak Could Read the Writing on the Wall (but Wasn’t Willing to Pay the Price)

@Gabi Levin: I recently read about Kodak's failure in the book Shift Ahead. I think Kodak gets an unfair rap about missing the next technological wave. There WERE people in Kodak who did see the train coming, or the writing on the wall. Jim Patton, an executive at Kodak for over 30 years states in the book: “We had some really good technical forecasters. As a matter of fact, one of them nailed the basic concept, the basic shift from film to digital right to the year it happened. I want to make it very clear that we knew that digital was coming. There was a fork in the road and they took the wrong fork. We knew we had to replace film, but the problem with film at the time was that the earnings from film were probably 110 percent of the corporate earnings. And that was not a slip of the tongue. The explanation from the company was, ‘This is what we do. We have no choice to be there.’"

I garner there was a rift between the technology pioneers and money-makers. The message to me is not only is a diversity of perspective key, but so is the capacity to communicate and willingness to be influenced.

  Maurice Hogarth
3
Maurice Hogarth
Consultant, United Kingdom
 

Short Versus Long Sightedness

@Gary Wong: I agree Gary. I am sure that there are many cases where the short term greed of the bean counters outweighed the foresightedness of the innovators to the detriment of the organisation's su...

  Charles Alter
4
Charles Alter
Consultant, United States
 

Relying too much on the Historic Core Business

@Maurice Hogarth: I agree the case of Kodak and many other companies that have been disrupted, including their Rochester, NY neighbor Xerox is one of relying too much on the core business. This strat...

  Helen Strong
2
Helen Strong
Business Consultant, South Africa
 

Can't Ignore Other Factors Conducive to Disruptive Innovation

Totally agree that timing is important, even critical, BUT you have to have the whole environment. This would include trends in lifestyle/business practices; finding the right target markets; finding ...

  Allemeersch
4
Allemeersch
Interim Manager, Belgium
 

Timing and Technology Impact

A technology upgrade which is not disturbing the human effort to work with it can be introduced relatively quickly. However a major technology change, where you need the human intervention to change,...

  Maurice Hogarth
1
Maurice Hogarth
Consultant, United Kingdom
 

PEST as Disruptor

You can use the PEST Factors (domains) to explain the disruptive innovation process at a high level. Consider: Changes in the TECHNICAL DOMAIN (vacuum cleaner to telephone to the digitals of today) d...

 

Leave a comment
Help improve this subject


More on Disruptive Innovation
Summary Discussion Topics
topic Innovation Strategy: the Three Horizons of Growth (McKinsey)
topic The Jobs to be Done Approach (JTBD) and Disruptive Innovation
topic Disruptive versus Incremental Innovation
topic Disruptive Innovation: Product versus Platform
🔥 The Six Ds of Exponential Technologies (Diamandis)
topic Tips for Innovation Strategy
topic Strategic Options for Old-Technology Firms
topic Diversity of Perspective is Key to Disruptive Innovation
topic List of Disruptive Technologies
topic How can Incumbents (Established Corporates) Respond to Disruptors?
topic How to Develop Disruptive Innovation Skills?
👀Timing is Important to Make an Innovative Idea Disruptive
topic How to Find Innovative Ideas? From Analogous Markets...
topic Three Types of Innovation (Christensen)
topic WHAT is Being Innovated? The 4 Ps of Innovation
topic Is Disruptive Innovation Radical? is it a Breakthrough?
topic Disruptive Innovation: What Causes the Creative Leap?
topic How to Sustain Disruptive Innovation?
topic Leadership Skills / Approaches for Successful Innovation
topic Innovation Ideas in Economic Slowdowns
topic The Hybrid Innovation Approach to Technological Innovation
topic Examples of Disruptive Innovation
topic Ways to Incorporate Disruptive Innovation as Part of the Management Agenda
topic The Word 'Disruptive' in Disruptive Innovation
topic What is Disruptive Innovation Exactly? Definition
topic Comparison Disruptive Innovation versus Blue Ocean Strategy
topic Slow Innovation: PROs, CONs and Tips
topic Disruptive Innovation and Public Sector Organisations
topic Innovation in Developing Countries (Leapfrogging)
topic Is Value Innovation Equal to Disruptive Innovation?
topic Why is Disruptive Innovation Difficult?
topic Is Consumption Needed for Disruptive Innovation?
Special Interest Group


More on Disruptive Innovation
Summary Discussion Topics
topic Innovation Strategy: the Three Horizons of Growth (McKinsey)
topic The Jobs to be Done Approach (JTBD) and Disruptive Innovation
topic Disruptive versus Incremental Innovation
topic Disruptive Innovation: Product versus Platform
🔥 The Six Ds of Exponential Technologies (Diamandis)
topic Tips for Innovation Strategy
topic Strategic Options for Old-Technology Firms
topic Diversity of Perspective is Key to Disruptive Innovation
topic List of Disruptive Technologies
topic How can Incumbents (Established Corporates) Respond to Disruptors?
topic How to Develop Disruptive Innovation Skills?
👀Timing is Important to Make an Innovative Idea Disruptive
topic How to Find Innovative Ideas? From Analogous Markets...
topic Three Types of Innovation (Christensen)
topic WHAT is Being Innovated? The 4 Ps of Innovation
topic Is Disruptive Innovation Radical? is it a Breakthrough?
topic Disruptive Innovation: What Causes the Creative Leap?
topic How to Sustain Disruptive Innovation?
topic Leadership Skills / Approaches for Successful Innovation
topic Innovation Ideas in Economic Slowdowns
topic The Hybrid Innovation Approach to Technological Innovation
topic Examples of Disruptive Innovation
topic Ways to Incorporate Disruptive Innovation as Part of the Management Agenda
topic The Word 'Disruptive' in Disruptive Innovation
topic What is Disruptive Innovation Exactly? Definition
topic Comparison Disruptive Innovation versus Blue Ocean Strategy
topic Slow Innovation: PROs, CONs and Tips
topic Disruptive Innovation and Public Sector Organisations
topic Innovation in Developing Countries (Leapfrogging)
topic Is Value Innovation Equal to Disruptive Innovation?
topic Why is Disruptive Innovation Difficult?
topic Is Consumption Needed for Disruptive Innovation?
Special Interest Group
Knowledge Center

Disruptive Innovation



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
© 2024 12manage - The Executive Fast Track. V17.2 - Last updated: 1-6-2024. All names ™ of their owners.