Jumpstarting Innovation: Using Disruption to Your Advantage

Lynda M. Applegate writes:

... Disruptions in the business environment cause economic shifts that destabilize industries, companies, and even countries.  They allow new entrants or forward-thinking established players to introduce innovations—in products, markets, or processes—that transform the way companies do business and consumers behave.  ¶   These disruptive innovations are not just novel inventions.  Successful innovators take ideas and turn them into opportunities by adding a business model that creates sustainable economic value for all stakeholders.  They then go one step further and exploit the opportunity by creating a sustainable business. ...

Link:  Harvard Business School Working Knowledge.