Disruptive Innovation
Example
For example, a company that implements Disruptive Innovation strategies, like Disruptive innovation in the transportation industry has transformed the way people commute., can see significant improvements in their business performance by streamlining workflows, enhancing productivity, and boosting overall profitability.
Definition
An innovation that creates a new market and value network, eventually disrupting an existing market. This term is crucial in the Disruptive Innovation context as it helps businesses understand how to Disruptive Innovation in their operations, making it highly relevant for industries looking to optimize Disruptive Innovation processes.
Disclaimer: The terms and definitions provided in this business dictionary are for informational purposes only. While every effort has been made to ensure accuracy, the content may not be exhaustive and may not be applicable to all business situations. Readers should seek professional advice before making business, legal, or financial decisions based on the information provided. The authors and publishers are not responsible for any errors, omissions, or outcomes related to the use of this dictionary.