Innovations are an integral part of growth. Had it been no internet innovation, we would still resemble apes. Our daily lives would be more standardized rather than dynamic.
Now days, when there is a way of innovation everywhere, you get to hear new terms correlating to innovation. One such term is “Disruptive Innovation“. One would think, how innovation can be disruptive; and how anything disruptive, can help.
Disruptive innovation is a technique to discover new strategies in an already built market and then revolutionising it, leading to a competitive environment. Such disruptions are rather prevalent in this century owing to the Agile methodology that most firms/companies abide by.
How Agility leads to Disruptive Innovation
The main question is how Disruptive Innovation help the products in an already established niche.
Agility works internally and externally. The world is rapidly changing since the innovative minds have more grounds to perform and stump their feet. In our previous blog- Adopt.Adapt.Adept- It’s time to be Agile! the significance of Agile Mindset for the definitive development of the organisations was explained.
Agile mindset also directs the whole of the organisation in one direction bringing about a uniform culture. Agile mindset opens the pathways for new and innovative ideas to be put forward. The ability to innovate and execute those innovations proficiently, is what helps you survive and thrive – the Darwin’s Theory of Survival of the Fittest.
Being agile doesn’t necessarily mean to be adaptive but to be responsive with the creation of innovative ideas. In other words, disrupting the already existing market and challenging the competitors, with the innovative experiments.
This will not only bring excitement in the company but will refresh the otherwise mundane minds. A breath of fresh air will engulf the atmosphere and revitalise the work culture.
That said, the disruption must happen, with a mindset that how quickly we can fail. Having this mindset, highly low-cost modelling of the concepts is done and presented to customers for getting early feedbacks. Continuously testing small innovative experiments with customers, brings out the valuable outcomes for our customers.