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“Only the paranoid survive” Andy Grove.
#hkaim @petermdingle source: http://www.brainyquote.com/quotes/quotes/a/andygrove414111.html
Co-operation, Specialization, Innovation and Exchange.
#hkaim @petermdingle
• Cooperation led to specialists
• Specialization led to innovation.
• Innovation led to yet more specialization:
• This circle results in Human intelligence
• This intelligence results in creativity.
The key human invention is the ability to ‘exchange’.
#hkaim @petermdingle
creativity & disruption
#hkaim @petermdingle
“Amazon.com strives to be the e-commerce destination where consumers can find and discover anything they want to buy online.” Jeff Bezos
#hkaim @petermdingle source: http://www.brainyquote.com/quotes/quotes/j/jeffbezos406110.html
Source: ychart.com
#hkaim @petermdingle source: http://www.brainyquote.com/quotes/quotes/j/jeffbezos406110.html
“Blockbuster refused to buy Netflix for a mere fifty million dollars” James Surowiecki
“If it isn't on Google, it doesn't exist.” Jimmy Wales
#hkaim @petermdingle source: http://www.brainyquote.com/quotes/quotes/j/jimmywales450088.html
Source: ychart.com
“Line makes over $10 million per month from selling stickers” The Next Web
#hkaim @petermdingle source: http://static5.businessinsider.com/image/5182999eeab8ea055d000001-2342-1757-620-/ott%20v.%20sms-2.png
#hkaim @petermdingle source: http://www.brainyquote.com/quotes/quotes/s/stevejobs416911.html
Source” http://www.kpcb.com/internet-trends
“If GM had kept up with technology like the computer industry has, we would all be driving $25 cars that got 1,000 MPG.” Bill Gates
Disruption is not an event, it is a process
#hkaim @petermdingle
The process could take …..An Year ………A Decade …………A century
Mistakes these incumbents made, they ignores
#hkaim @petermdingle source: http://thefamily.com/wp-content/uploads/2013/12/see-no-evil.jpg
low profit products
low margin customers
smaller size markets
• Disrupt share • Disrupt Margin /Revenue / Profitability • Disrupt a category • Disrupt a sub category • Disrupt an Industry • Disrupt the world
What disruptors achieve
#hkaim @petermdingle source: http://thefamily.com/wp-content/uploads/2013/12/see-no-evil.jpg
source:
How Disruptors think. “Can we do it …More easily …More conveniently …More affordably”
“Focus on the customer first… not the market”
#hkaim @petermdingle
1. Mobile devices 2. Social Media 3. Embedded sensors 4. Cameras 5. Cloud Computing 6. Big Data
6 technologies are disrupting industries today
#hkaim @petermdingle source: http://en.wikipedia.org/wiki/Disruptive_innovation
• Context before content. • Know your worst case scenario. • Build and new plan from scratch. • Worry about the money later. • Get the team on the same page. • Brainstorm a set of killer options • Build a proof of concept or a demo. • Think about the Devils advocate
8 rules to follow today
#hkaim @petermdingle source: http://www.addictionpro.com/sites/addictionpro.com/files/imagecache/570x360/3004489_s_0.jpg
The question is not if, but when.
#hkaim @petermdingle
What will disrupt your business? I know what is disrupting mine.
thank you
Twitter: @petermdingle
These slides are available at: peter-dingle.squarespace.com
Category Disruptive Innovation Market Disrupted by Innovation
Communication Email Postal mail
Telephones Telegraphy
Computing hardware
Minicomputers Mainframes
Personal computers Minicomputers,Workstations.Word processors,Lisp machines
Pocket calculator 3.5 Standard Calculator[1]
Digital calculator Mechanical calculator
Smartphones Personal computers
Data storage
8 inch floppy disk drive 14 inch hard disk drive
5.25 inch floppy disk drive 8 inch floppy disk drive
3.5 inch floppy disk drive 5.25 inch floppy disk drive
Bernoulli driveand Zip drive 3.5 inch floppy disk drive
CDs and USB flash drives Bernoulli driveand Zip drive
Display Light-emitting diodes Light bulbs
LCD CRT
Manufacturing
Hydraulicexcavators Cable-operated excavators
Mini steel mills Vertically integratedsteel mills
Plastic Metal, wood, glass etc.
Medical Ultrasound Radiography(X-ray imaging)
Music Digital synthesizer Electronic organ andpiano
DownloadableDigital media CDs, DVDs
Photography
Digital photography Chemical photography
High speedCMOS video sensors Photographic film
Publishing
Computer printers Offset printing
Desktop publishing Traditional publishing
Wikipedia Traditional encyclopedias
Transportation
Steamboats Sailing ships
Automobiles Rail transport
Private jet Supersonic transport
Source: http://en.wikipedia.org/wiki/Disruptive_innovation