Disruptive Innovation: Product versus Platform

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Disruptive Innovation > Best Practices > Disruptive Innovation: Product versus Platform

Disruptive Innovation: Product versus Platform
Akshay Nirmal, Business Consultant, Australia, Member
DISRUPTIVE PLATFORMS often have a bigger impact than disruptive products. Some examples:
  • Uber owns no vehicle, but is now the largest taxi company in the world.
  • Alibaba has no inventory, but is yet the biggest world retailer.
  • AirBnB owns no real estate, and yet became the biggest provider of accommodation.
Unlike disruptive products, low-end disruptive platforms can change the dynamic of an entire industry. It is more difficult for incumbents to respond to disruptive platforms than to disruptive products. The massive number of people attracted to platforms makes it difficult for incumbents to respond to them. While DISRUPTIVE PRODUCTS offer new options to buy, disruptive platforms cause societal shifts. They have major effects on people’s lives, how they interact and how they work. For example, they trigger platform-based jobs that many people make a living out. ⇒ What other examples of platform disruption do you know of? (...) Read more? Sign up for free

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Special Interest Group Leader
Rick Mueller
Professor

Disruptive Innovation
Summary
Forum
How to Develop Disruptive Innovation Skills?
🔥Innovation Ideas in Economic Slowdowns
Breakthrough versus Disruptive Innovation
Best Practices
🥇Innovation Strategy: The Three Horizons of Growth (McKinsey)
🥈Disruptive versus Incremental Innovation
Disruptive Innovation: Product versus Platform
Strategic Options for Old-Technology Firms
The Jobs to be Done Approach (JTBD) and Disruptive Innovation
Impact of the New Technology
Tips for Innovation Strategy
Typical Disruptive Technologies
Disruptive Change and HR
Diversity of Perspective is Key to Disruptive Innovation
How to Find Innovative Ideas? From Analogous Markets...
How to Sustain Disruptive Innovation?
WHAT is Being Innovated? The 4 Ps of Innovation
Leadership and Taking Action
Timing is Important to Make an Innovative Idea Disruptive
Asymmetric Innovation
Is Cirque du Soleil the iPhone or the Seiko of Circus?
Ways to Incorporate Disruptive Innovation as Part of the Management Agenda
Business Model Innovation
Disruptive Innovation or Improved Technology?
Slow Innovation: PROs, CONs and Tips
The Hybrid Innovation Approach to Manage Technological Disruptions
A Disruptive Innovation Questions what we Don't Know
Blue/Innovate and Red/Disrupt
Comparison Disruptive Innovation versus Blue Ocean Strategy
Disruptive Innovation and Public Sector Organisations
Disruptive Innovation: What Causes the Creative Leap?
Is Value Innovation Disruptive Innovation?
Leadership Skills / Approaches for Successful Innovation
Paradigmatic Changes Require Re-orientation of Ones World Views
The Resources-Processes-Values (RPV) Framework
Are Clayton Christensen’s Disruptive Innovation Characteristics Useful in Practice?
Better Input from Consumers Needed for Disruptive Innovation
Leapfrogging Technologies by Developing Countries
The Word 'Disruptive' in Disruptive Innovation
What is Disruptive Innovation Exactly? Definition
Distinguishing Three Types of Innovation
Is Disruptive Innovation Radical?


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