Disruptive Innovation in the Era of Big Tech

HANNAH BATES: Welcome to HBR On Strategy, case studies and conversations with the world’s top business and management experts – hand-selected to help you unlock new ways of doing business.

In 1995, the late and legendary Harvard Business School professor Clayton Christensen introduced his theory of disruptive innovation right here in the pages of Harvard Business Review .   The idea inspired a generation of entrepreneurs and businesses, ranging from small start-ups to global corporations.

Almost three decades later, debates have emerged around how the theory should be applied in the real world especially within the tech start-ups that have driven so much economic growth .

In this episode, Harvard Business Review editor Amy Bernstein and a panel of expert scholars discuss the legacy of disruptive innovation, including what Christensen got wrong about it, and how the common perception of “disruption” has drifted away from Christensen’s initial idea in recent decades.

This episode will give you a new perspective on what makes a strategy succeed in the long term. It originally aired on HBR IdeaCast in October 2022 as part of a special series called 4 Business Ideas That Changed the World. Here it is.

AMY BERNSTEIN: Welcome to 4 Business Ideas That Changed the World, a special series of the HBR IdeaCast. In the 1980s, Clayton Christensen was in his 30s, the business guy at a startup. The company was making ceramics out of advanced materials, and it was able to take over the market niche from DuPont and Alcoa. That experience left Christensen puzzled. How could a small company with few resources beat rich incumbents? The question led to his theory of disruptive innovation, introduced in the pages of Harvard Business Review in 1995, and popularized two years later in The Innovator’s Dilemma.

The idea

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How to Invest Money in 2024

Investing money in the stock market is one of the main ways to build wealth and save for long-term goals such as retirement. But figuring out the best strategy to invest that money can feel daunting. That doesn’t need to be the case, though — there are several straightforward, beginner-friendly ways to invest.

Investing money is personal

Everyone has a unique financial situation. The best way to invest depends on your personal preferences and financial circumstances.

Here’s a five-step process that can help you figure out how to invest your money right now:

Here’s how to put your cash to work right away.

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Figuring out how to invest money starts with determining your investing goals, when you need or want to achieve them and your comfort level with risk for

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Unveils Cutting-Edge 3D Model-AI Photo Rendering Services, Transforming 2D Photos into Dynamic Product Visuals

New ecommerce expansion with AI 3D-Photography Tools

Nextech3D.ai (OTCQX:NEXCF)(CSE:NTAR)(FSE:EP2), a patented 2D-3D Generative AI-Powered 3D model supplier (Patent #11,948,248) for Amazon, Miele, P&G, Kohls, Wesfarmers Group “Bunnings” (Australia’s largest listed company) and other major e-commerce retailers is adding Digital Photography and dynamic product visuals as part of its 3D model offerings. Now every 3D model that Nextech3D.ai creates will have stunning 2K, 4K, or even 8K photos to go with it for its ecommerce customers. This AI tool is expected to drive significant revenue for the company as each product listed for sale on an ecommerce platform requires a minimum of six 2D photos for listing, this offering allows the company to capitalize on this demand for 2D high res images while simultaneously increases the value of its 3D modeling business as it represents the all-in-one solutions for ecommerce sellers that sell on Amazon, Shopify and other platforms. The company has already signed up 10 existing customers for its digital photography offering representing over 6000+digital photos and will be offering it both as part of a 3D model bundle as well as a stand alone product offering for people that already have a 3D model opening up the ecommerce imagery market to the company. The company’s analysis shows that creating and rendering 3D models is more cost-effective than traditional product photography, especially for products that are expensive to produce or difficult to photograph in real life. Once a 3D model is created, it can be easily manipulated and rendered from different angles without the need for physical prototypes or multiple photoshoots

Evan Gappelberg, CEO of Nextech3D.ai, shares, “Having experienced the significant costs and time investments associated with traditional 2D product photography for ecommerce firsthand, I am thrilled to announce our innovative solution. Our new 3D to 2D digital photo studio

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Navigating the Shifting Landscape of Private Equity Business Development

It should arrive as no shock that 2023 was a demanding year for the non-public equity marketplace. From a high of $2.2 trillion in 2021, offer action dropped 35% to $1.4 trillion in 2022, and then plummeted an additional 40% to $850 billion in 2023— marking the least expensive stage due to the fact 2013.1 This drop can be attributed to a mix of elements like mounting curiosity premiums, recession fears and the functionality of individual providers, major to less firms coming to current market.

Primarily based on sector responses, first purchaser interest in the handful of providers that did go to industry was notable, reflecting the scarcity of offers. Even so, as procedures progressed, 3 vital things had been highlighted by quite a few of the most energetic mid-industry investment decision financial institutions as primary to lessened curiosity: uncertainties about the sustainability of earnings and EBITDA growth, considerations above foreseeable future effectiveness amid economic headwinds, and the tightening of personal debt funding thanks to increased interest premiums. This divergence in valuation expectations triggered lots of prospective buyers to withdraw, while people remaining modified their valuations downward, reflecting these dangers. Info from Sutton Position Tactics showed that only 30%-40% of offers launched in the very first fifty percent of 2023 experienced shut by 12 months-finish.2

Regardless of this, the discounts that closed usually did so at valuations that defied the broader craze of drop, a testomony to the complexity of latest market place dynamics.

Profitable Methods in Small business Improvement

From the backdrop of 2023, what does it take to earn in ’24? The position of technology in reshaping the non-public equity BD landscape are unable to be overstated. Info analytics and field applications these types of as facts vendors and CRMs have become indispensable in identifying possible

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