"Disruptive innovation" refers to the development of a new product, service, or technology that significantly changes an existing market or industry by creating a new approach or offering. It often challenges the status quo and can transform the way things are done, providing a better, more efficient, or more affordable solution.
Full definition
When we talk about
disruptive innovation in education, we often think about the explosive growth of online learning over the past two decades that has offered students a new paradigm in learning.
Our success will depend
on disruptive innovations that get books to people who have never owned a book, where there are no bookstores or libraries.
They are actively exploring and adopting advanced technologies (e.g. big data, risk modeling, cloud computing and blockchain) to increase financial service efficiency
through disruptive innovation.
The generation that just become the largest segment of the population is comfortable with the idea of perpetually low inflation and expects
more disruptive innovations that will lower costs for the broader population.
The theory of
disruptive innovation describes a process by which a product or service transforms an existing industry by introducing simplicity, convenience, accessibility, and affordability.
And at some point,
disruptive innovations become good enough to handle more complicated problems and take over, and the once - leading companies with old - line products go out of business.
They are also aware that the legal industry is undergoing its
own disruptive innovation process, with considerable progress being made in terms of breadth of law firm offerings, service and pricing models.
Although this form of blended learning may not yet seem to have transformative potential in the broader education system, the theory of
disruptive innovation suggests that it eventually will.
While «big data» is finding its way in the real estate sector, the next
potential disruptive innovation is knocking at the door in the real estate industry.
And lastly,
disruptive innovation introduces cost control into the system, so that we can deliver a tutor - like experience for each child at a cost that won't break the bank.
What the theory of
disruptive innovation says is that online learning — in its many forms — will disrupt the traditional classroom over the long haul in secondary schools.
Like
other disruptive innovations, the major benefit of the program is greater convenience of consumption, both in terms of geography and time.
We need to make the education fundamentally affordable, and that means
launching disruptive innovations that fundamentally change the cost equation to deliver learning opportunities.
In other words,
disruptive innovation in health care will occur by bringing treatment into lower - cost venues enabled by advances in technology, diagnosis, and treatment.
CLP says each issue will be framed around important themes affecting the legal profession, such
as disruptive innovation in legal services and professionalism in the 21st Century, and will include both feature stories and recurring features and columns.
Christensen has plenty of examples of how industry leaders get blindsided
by disruptive innovations precisely because they focus too closely on their most profitable customers and businesses.
His Highness Sheikh Hamdan said, «Traditionally, governments are known all over the world to be resistant to change and bureaucratic organisations that are last to
adopt disruptive innovation.
Competing against nothing is a textbook way
disruptive innovations get their start and is one more reason to keep an eye on the school.
You can't move these days without law firms and legal IT vendors talking
about disruptive innovations however in this LexisNexis Business of Law white board video (which runs under five minutes) Christopher T. Anderson argues that «The debate misses the real point.
Property Fox's
disruptive innovation model for selling property online launched in April across South Africa, offering customers the services of a professional photographer, floor...
Put another way, is the legal profession continuing to evolve with sustaining innovations or are we headed to an inevitable new market created by
such disruptive innovations as AI that can review contracts and compile discovery?
To ignore the prospect of
using disruptive innovation to resolve nonconsumption problems is to overlook a historic and long - awaited bright spot in an otherwise resource - constrained system.
But the combination of generationally low valuations, asymmetrically easy global monetary policy and ubiquitous
disruptive innovation provided the thematic underpinnings.
In contrast, many district schools first used blended learning in the classic areas of nonconsumption in which
disruptive innovations typically start, where the alternative was nothing at all.
Phrases with «disruptive innovation»