Session 18 (Back Bay Battery) Flashcards
(3 cards)
1
Q
What is the Innovator’s Dilemma?
A
Incumbents struggle to invest in low margin, uncertain disruptive technologies
Profit-driven logic and customers’ product desires often reinforce short-term decisions that hinder long-term survival
2
Q
Time related issue with breakthroughs
A
R&D investing takes a long time
Investing too late risks missing the opportunity
Need consistent levels of investing
R&D allocation should align with potential market demands
3
Q
What’s the problem of listening to customers?
A
Can lead to poor performance
Core customers demands are mostly met, additional R&D improvements are marginal
Disruption often starts with non-customers with different needs