![]() Commentary by Jack Hipple |
March 16, 2010
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Look Up and Down for Innovation! |
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There is a fundamental law of product and business innovation that says that systems integrate into their super-systems over time. What does this mean? Let's take an example. You are in the business of making paint roller pans. You have worked hard over the years to add stability to these simple devices so that they don't tip over on ladders, added coatings to minimize sticking, and even made disposable ones in the hopes that people will buy your paint pans. You may have even gotten together with a paint roller supplier in a joint promotion at a local hardware store. Then you go down to your local Home Depot, Lowes, or Menards and see the Black and Decker Paint Stick(R)requiring no paint pan. Your product has been replaced by the void in a hollow stick, normally thought of as only a means for reaching places too tall for the painter. Being replaced by a void must really hurt an ego! This is only one example. Here are some others to trigger your thoughts:
What's the point here? There are two very fundamental ones.
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| Categories: Management, Methodology, Strategy | |
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