International Moth class YachtsChallenge: How to increase speed in high performance, single person racing yacht with class regulations on boat length & sail size?
Result:: http://www.fastacraft.com/ International Moth Hulls made of carbon fibre & 5mm foam weigh 9.5kgs painted.
Add hydrofoil kit & the boats are capable of reaching speeds of up to 25 knots
Impact: 1st, 2nd, 4th, 6th and 7th in the 2005 World Championships
International Moth class Yachts
Challenge: How to increase speed in high performance, single person racing yacht with class regulations on boat length & sail size?
Result:: http://www.fastacraft.com/ International Moth Hulls made of carbon fibre & 5mm foam weigh 9.5kgs painted.
Add hydrofoil kit & the boats are capable of reaching speeds of up to 25 knots
Impact: 1st, 2nd, 4th, 6th and 7th in the 2005 World Championships
Rohan Veal #1 Traditional Moth
Rohan Veal #6 Hydrofoil Fast
iPod
Class of portable digital audio players from Apple Computer
Challenge: Diversify into (then dominate) digital music market
iPod’s Initial release October 2001, storage for about 1000 songs
Result: October 2004 had 90% of US market for hard-drive players
> 21 million iPods sold to June 2005
Estimates > 30 million iPods to ship by end 2005 (@ av. US$249)
April 2003 Apple opens iTunes Music Store 200,000 songs @ 99¢
iTMS downloads play only on iPod – to grow iPod sales
June 2005 iTMS has 1.5 million songs
All 4 major record firms, 600 independent labels + 9,000 audio books
iTMS sold more than 500,000,000 songs to June 2005
Impact: Apple transforms & dominates market
“Halo effect" boosts Apple & sales of other Apple products
Tony Fadell first conceived of iPod outside Apple; he had difficulty finding funding for a MP3 player he had designed (hard disk added huge capacity compared with existing MP3 players & track wheel added style). When he demonstrated it to Apple, the company hired him as an independent contractor to bring his project to the market, putting him in charge of assembling the team that developed the first two generations of the device. Apple's Industrial Design Group, working under the direction of Jonathan Ive designed the subsequent incarnations.
Future? Music video downloads? Visitors to Yahoo watch more than
350 million music videos per month. Education?
Apple’s culture focus on design & innovation
iPod shuffle cost $99, 30BG $249, 60GB $399
iPod
Disruptive innovations -
All part of systematic programs of innovation by innovative organisations pursuing a strategic challenge
All addressed a complete solution with multiple innovations rather than a single issue or component of a value chain
Consider your customers’ major challenges …
Disruptive & transformative IT
1950s - mainframes
1960s - mini-computers
1970s - Word processors (Wang 1976)
1970s-80s - PCs
1980s - Spreadsheet s/w (VisiCalc 1979)
1980s - Fax
1990s - Mobile telephony
1990s - Internet, WWW
2000s - Intelligent Agents, Semantic Web
Note: Transformation depends on application of the IT!
Wickipedia entries
1981. IBM PC released
1982, Time magazine named the personal computer its Man of the Year.
The story of the Internet begins in 1969 with the implementation of Advanced Research Projects Agency Network (ARPANET) by academic researchers under the sponsorship of the United States Department of Defense Advanced Research Projects Agency (ARPA). ARPANET built on earlier fundamental research into decentralized networks, queueing theory, and packet switching. However, ARPANET itself did not interact easily with other computer networks that did not share its own native protocol. This problem inspired further research towards the development of a protocol that could be "layered" over many different types of networks.
On January 1, 1983, the core networking protocol of ARPANET was changed from NCP to TCP/IP, marking the start of the Internet as we know it today.
Another important step in the Internet's development was the National Science Foundation's (NSF) construction of a university network backbone, the NSFNet, in 1986. Important disparate networks that have successfully been accommodated within the Internet include Usenet and Bitnet.
The collective network gained a public face in the 1990s. In August 1991 Tim Berners-Lee publicized his new World Wide Web project, two years after he had begun creating HTML, HTTP and the first few web pages at CERN in Switzerland. A few academic and government institutions contributed pages but the public did not begin to see...
Business Innovation Technology Adoption Model
Developed from international study of 30 successful implementations of the most significant disruptive technology – the Internet – in retailing
Framework for analysing business potential of potentially disruptive technologies
Comprehensive analysis of factors that drive & inhibit adoption of technology-enabled innovation:
Environmental
Organisational
Innovation
Customer
Ensures holistic evaluation, not just focus on the technology
Business Innovation Technology Adoption Model - factors
Gartner Premier Report, Preparing for the Upswing: The 2004 CIO Agenda Stamford USA, 2004, p60 Lead. Bridge business and technology. Know and engage key decision makers. Communicate a clear vision for IT as enabling the business. Implement top-level business-IT governance.
Anticipate. Sense key trends in business, technology, competitor, enterprise strategy, political and cultural arenas.
Strategize. Envision IT as enabling the business. Achieve business growth and profitability. Synchronize IT investments with business goals.
Organize. Orchestrate a high-performance IS organization. Deliver cost-effective service. Attract, nurture & sustain people and resources. Balance cost and growth initiatives.
Deliver. Provide cost-effective and timely services. Build agile or low cost capabilities. Set timetables to drive value. Implement quality based program and project management.
Measure. Know where you stand and why. Track and communicate the business value of the IS organization and IT-enabled investments. Assess and communicate the total cost of ownership. Build and sustain a real-time executive dashboard. Ensure that a benefits realization process is in place.
Endpoint ...
Being a CIO used to be about control. Now it’s about responding to and managing change.”
“CIOs need to understand their company’s business, and they require strong competencies in delivery (program & process management). You can pay someone else to keep the PCs running cheaply, but getting value from the IT department is about leveraging business process knowledge.” CIO, Campbell Soup Company, 2003
So if you were a CIO, how would you prepare for disruptive IT-enabled business innovation?
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