On this post I would like to explain more about the Innovator’s Dilemma. This concept was coined by Harvard Business School’s professor Clayton Christensen in one of the most impactful books ever written about innovation that is called the Innovator’s Dilemma
On this post I would like to tell you all about a new app that is still in its growth stage of the innovation S-Curve, which I assume will grow strong in the near future. The name of the App is Drizzle and on a nutshell it pays you to send and receive text messages from your mobile phone. Currently, the App has about 2,000 downloads and it is growing pretty fast.
One of the most famous concepts in Innovation is the Innovation S-Curve, the technology life cycle. This framework, which operates alongside the Bass Model, is used to determine performance in regards to time and effort. It assists in determining the level of maturity of the industry / product.
As a result, when evaluating a product or an industry, it is crucial to understand where it is on the S-curve due to the many implications that result out of that such as the possible risks and pitfalls that are associated for certain phases on it.