MIS 4596 Section 3 Hohne
Disruptive innovators and missteps
As a company trying to take on the big boy incumbents it is paramount to avoid the types of mistakes that will greatly effect your adoption rate. Sling was making some major headway in the market and enjoying a good buzz around its product. All until the march madness mishap that is talked about here. Is this ultimately going to end up fatal for sling? The biggest draw of the product was the fact that you wouldn’t have to miss the big events playing on your TV again, well if that is no longer a guarantee what will become of Sling?
Here is the article let me know what you think.
http://www.theverge.com/2015/4/5/8348885/sling-tv-ncaa-finals-problems-watching
Does Your Whole Home Need Antivirus Now??
Does Your Whole Home Need Antivirus Now_ – WSJ
I was happy to see this article, because my parents just recently put a security system in their home that they can access via mobile devices to unlock doors, etc. I told them I was pretty sure that makes them more vulnerable, but I was not positive. After discussing my concern with one of my IT security managers at work I found out they are without a doubt more vulnerable. When accessing your home security system via mobile device you are using wireless connection and wireless transmissions are not always encrypted. Information such as e-mails sent by a mobile device is usually not encrypted while in transit. In addition, many applications do not encrypt the data they transmit and receive over the network, making it easy for the data to be intercepted. For example, if an application is transmitting data over an unencrypted WiFi network using http (rather than secure http), the data can be easily intercepted. When a wireless transmission is not encrypted, data can be easily intercepted. Data such as a mobile security application that unlocks your home doors, and turn off your security system.
Even though this device isn’t functioning 100% correct as yet it still is an innovative idea, which will create a new market.
What is everyones thought on this home security issue?
Does anyone have a security system they can access via mobile device?
Deloitte Threatened by Disruptive Innovations
This is a really short and informative article based on how big corporations like Deloitte view new and disruptive competitive risks and opportunities. They are crafting effective strategies around four dimensions you will find in the article, which could be used within our capstone projects.
Take a look and see….Deloitte
Big Bang Disruption
How Innovations Become Better And Cheaper
In this Forbes article, the authors Paul Nunes and Larry Downes expand on the idea of disruptive innovation and talk about Big Bang Disruption. The key difference between the two is that Big Bang disruption does not follow conventional strategic paths or normal patterns of market adoption. Big bang disruptions experience dramatic market adoption right off the bat and cause unintended collateral damage to incumbent businesses. The defining characteristic of a Big Bang Disruption is that from the moment of introduction, it is better and cheaper than the traditional product and services it replaces, and leads to sudden abandonment of the old for the new. One example that they use throughout the article is the smartphone and how it disrupted books, video cameras, papers, wristwatches, cash registers, day timers, wallets, keys, newspapers and magazines, pocket calculators, and many more. Can you think of any other products that resulted in Big Bang Disruption?
Is Tesla on The Brink of Disruptive Innovation?
http://abcnews.go.com/Technology/tesla-technology-produce-cars/story?id=30025690
Tesla Motors announced on Monday that they are introducing a new product, but to much dismay it is not a new car. Tesla was creating something new, keeping all consumers in the dark.
“We need the ability to store energy when it’s bountiful and use it when it isn’t bountiful,” Brauer said. “If somebody can come up with a system to time shift energy storage, that would have a lot of potential and go far beyond the automotive industry.”
Rumors are divulging from this comment from a senior analyst at Kelley Blue Book, that it may be some type of home battery.
What types of innovative creations could Tesla have up it’s sleeve?
A Real Rival to Cable TV…For a Price
PlayStation Vue Review: A Real Rival to Cable TV…For a Price – WSJ
Sony presents PlayStation Vue that allow the uses to stream live TV and DVR in the cloud. It is hard to really determine where Sony was going with this new idea seeing how it can touch so many companies and markets.
What market do you see this disruption falling under? Why?
With the price being so high I do not see how it would be able to push TiVo out of the picture, but it is the first real internet service to threaten cable TV. Vue allows you to also DVR to the cloud which means no more worrying about running out of storage. Pretty awesome innovation, and will be interested to see how PlayStation hones in on the application, price, and easy of use.
How to Get the Job When You Don’t Have the Experience
“The Permission Paradox” – You can’t get the job without the experience but you can’t get the experience without the job – is one of the great career Catch-22s.
I came across this article on Linkedin, while I was scrolling for jobs. Almost every job I came across required 3-5 years of professional experience. How can I have experience if I cant get a first job? Well, James Citrin, author of The Career Playbook, tells you how in just 5 steps. Reading this article gave me confidence that not all requirements are so black and white.
James gives a few pointers that stuck with me after reading:
1. Be willing to start at the bottom. Just because we have a degree, doesn’t mean we should automatically get a high paid salary in a fortune 500 company. Sometimes you need to work up the ladder.
2. Re-imagine your experience. Have you ever planned a spring break with your friends? That counts as some type of “project managing” right? It was your responsibility to collect money, work with budgets, and research unknown variables of the trip.
To those of you who are still searching for jobs or have already gotten an offer, have you used creative stories like these in interviews to fill an under qualified job requirement?
Is Apple pursuing a strategic move/big investment at the right time?
Apple Orders More Than 5 Million Watches for Initial Run – Digits – WSJ
As we discussed in class proper execution of a product, service, or application can make or break a company. I found this short article about Apple ordering more than 5 million watches for it’s initial run. Now, that may not seem like a huge number for a company like Apple, but we need to keep in mind that this is the first all-new product since the I-Pad. These watches will do much more than just tell time. They can stream live weather reports, reminder notifications, upcoming calender events and more. The base model watch will run around $350+, and the high end model that comes encased in gold looks like it will cost upwards of $4000+. With all that being said I think this watch is an awesome innovative product and if I had the money I eventually would probably purchase one of the low end models. What are your guys thoughts, and also I have a view questions listed below to be answered.
1. What do you think of Apples strategic production forecasting “plan of record?” Do you believe this is what keeps Apple from going under?
2. Do you think Apple is eager to stretch beyond their current abilities?
3. Does Apple understand other people’s constraints and concerns within the market place?
4. Will Apple recover well from setbacks or failures?
Innovation vs. Creativity
In class we talked about being innovative versus being creative. An article I read cites Shawn Hunter, author of “Out Think: How Innovative Leaders Drive Exceptional Outcomes,” who discerns the two as follows:
“Creativity is the capability or act of conceiving something original or unusual while innovation is the implementation or creation of something new that has realized value for others.”
The article goes on to discuss how creativity does not necessarily mean innovation, though it can lead to it. In a brainstorming session where ideas are flying around, that’s creativity. It isn’t until some value-driving idea is actually implemented that innovation sets in.
Shawn Hunter also chastises businesses for trying to create creativity on demand, by forcing employees into brainstorming sessions instead of focusing on building innovative processes and products. He claims that innovation doesn’t have to be the next big thing, it can simply be a tweak to a current process that makes the business operate better. He also states that it’s crucial that a business and its entire culture do everything possible to foster innovation in the workplace. The article cites the creation of the Starbucks Frappuccino as an example of innovation. Originally, the idea was rejected by company leaders. It wasn’t until the product was quietly made and sold to customers that it became a hit and was officially introduced into the product line.
Do you think that innovation and creativity necessarily need to go hand in hand? Can one exist without the other? Can one be successful without the other? In your experiences in the workplace, does management tend to focus more on innovation or creativity?
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