Disruptive Technologies

I hear you say “Why?” Always “Why?” You see things; and you say “Why?” But I dream things that never were; and I say “Why not?”

George Bernard Shaw

It is useful to think about things like disruptive technologies when considering attributes. In essence, a disruptive technology drastically changes the way in which certain things are done in the past.  For instance, using the cloud to store one’s photos instead of storing it in your desktop, laptop or even on a smartphone is an example. The internet of things or IoT for short is another noteworthy example. Using a smartphone, one can use IoT to control home devices remotely or be informed accordingly when things go wrong.

The term disruptive technology does not necessarily have to be related to the use of new technologies. It could simply be the result of customizing existing technologies to come up with a solution that is a substantial departure from the present. For instance, startups can use crowdfunding to fund their projects instead of using traditional sources of capital. However there may not be any new technologies involved in websites offering crowdfunding. What is different is the ability for startups to seek small amounts of capital from a large number of investors through the crowdfunding provider.

” The reasonable man adapts himself to the world: the unreasonable one persists in trying to adapt the world to himself. There all progress depends on the unreasonable man.”

George Bernard Shaw

When selecting attributes relating to disruptive technologies, you can specify promising new technologies that you are keen on using. An example is identifying 3D printing as a possible attribute. Alternatively you could spell out the particular problem you are trying to solve using disruptive technologies. Here the attribute could be to “reduce energy consumption at home” as an example.

 

 

Select the Attributes

Attributes

What Are You Good At?

Customer Focus

Income Sources

Disruptive Technologies

Competitive Advantage