Corporations are designed to work with sustaining technologies but this isn’t always the case in today’s business world. Sooner or later along comes a ground-breaking change and a disruptive technology shakes everything up. How do innovative CIOs recognize when there is an opportunity to take advantage of the change to have future success? They must collect data and retrace each step in order to focus on the value risk and impact this new technology will have. It is critical for technology leaders to understand which technologies will matter and prepare accordingly To disrupt or be disruptive, that is the question.
I was at a panel where we discussed innovations that succeeded and those that failed. We also discussed on how organizations should make innovation part of their culture and how they can promote or acquire disruptive innovation. What do you think? Can you outline programs in your or other companies that were successful in building a culture of innovation? Was there anything special done to drive disruption in the industry as opposed to just enhancing the products or services?