Contemporary Learning - How to tackle Disruptive Innovation
08-Aug-2018
06:15 PM
IMA Meeting Room, Jall Auditorium, South Tukoganj, Indore
“Disruption” describes a process whereby a smaller company with fewer resources is able to successfully challenge established incumbent businesses. Specifically, as incumbents focus on improving their products and services for their most demanding (and usually most profitable) customers, they exceed the needs of some segments and ignore the needs of others. Entrants that prove disruptive begin by successfully targeting those overlooked segments, gaining a foothold by delivering more-suitable functionality—frequently at a lower price.
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