Difficulty 3: - Conflicts with the Core Business

1 minutes
Share the link to this page
Copied
  Completed
You need to have access to the item to view this lesson.
One-time Fee
$69.99
List Price:  $99.99
You save:  $30
€59.24
List Price:  €84.63
You save:  €25.39
£51.05
List Price:  £72.93
You save:  £21.88
CA$95.51
List Price:  CA$136.45
You save:  CA$40.94
A$99.69
List Price:  A$142.42
You save:  A$42.73
S$88.99
List Price:  S$127.13
You save:  S$38.14
HK$546.90
List Price:  HK$781.32
You save:  HK$234.42
CHF 54.32
List Price:  CHF 77.61
You save:  CHF 23.28
NOK kr675.41
List Price:  NOK kr964.91
You save:  NOK kr289.50
DKK kr442.44
List Price:  DKK kr632.09
You save:  DKK kr189.64
NZ$116.18
List Price:  NZ$165.98
You save:  NZ$49.80
د.إ257.03
List Price:  د.إ367.21
You save:  د.إ110.17
৳8,520.90
List Price:  ৳12,173.23
You save:  ৳3,652.33
₹6,327.07
List Price:  ₹9,039.06
You save:  ₹2,711.99
RM275.20
List Price:  RM393.16
You save:  RM117.96
₦96,636.59
List Price:  ₦138,058.19
You save:  ₦41,421.60
₨19,500.03
List Price:  ₨27,858.39
You save:  ₨8,358.35
฿2,214.37
List Price:  ฿3,163.53
You save:  ฿949.15
₺3,044.93
List Price:  ₺4,350.09
You save:  ₺1,305.15
B$367.39
List Price:  B$524.86
You save:  B$157.47
R1,119.28
List Price:  R1,599.04
You save:  R479.76
Лв115.85
List Price:  Лв165.50
You save:  Лв49.65
₩101,888.66
List Price:  ₩145,561.48
You save:  ₩43,672.81
₪216.25
List Price:  ₪308.94
You save:  ₪92.69
₱4,128.43
List Price:  ₱5,898.01
You save:  ₱1,769.58
¥10,963.65
List Price:  ¥15,663.03
You save:  ¥4,699.38
MX$1,208.07
List Price:  MX$1,725.89
You save:  MX$517.82
QR253.52
List Price:  QR362.19
You save:  QR108.67
P963.06
List Price:  P1,375.86
You save:  P412.80
KSh9,028.71
List Price:  KSh12,898.71
You save:  KSh3,870
E£3,284.91
List Price:  E£4,692.93
You save:  E£1,408.02
ብር10,815.25
List Price:  ብር15,451.02
You save:  ብር4,635.77
Kz63,840.19
List Price:  Kz91,204.18
You save:  Kz27,363.99
CLP$60,191.40
List Price:  CLP$85,991.40
You save:  CLP$25,800
CN¥485.88
List Price:  CN¥694.15
You save:  CN¥208.26
RD$4,391.53
List Price:  RD$6,273.88
You save:  RD$1,882.35
DA9,089.44
List Price:  DA12,985.47
You save:  DA3,896.03
FJ$153.96
List Price:  FJ$219.95
You save:  FJ$65.99
Q534.78
List Price:  Q764.01
You save:  Q229.22
GY$14,586.67
List Price:  GY$20,839
You save:  GY$6,252.32
ISK kr8,589.87
List Price:  ISK kr12,271.77
You save:  ISK kr3,681.90
DH639.55
List Price:  DH913.69
You save:  DH274.13
L1,180.74
List Price:  L1,686.85
You save:  L506.10
ден3,650.62
List Price:  ден5,215.40
You save:  ден1,564.77
MOP$561.08
List Price:  MOP$801.58
You save:  MOP$240.50
N$1,116.76
List Price:  N$1,595.44
You save:  N$478.68
C$2,566.04
List Price:  C$3,665.93
You save:  C$1,099.88
रु10,079.25
List Price:  रु14,399.55
You save:  रु4,320.29
S/234.72
List Price:  S/335.33
You save:  S/100.60
K298.72
List Price:  K426.76
You save:  K128.04
SAR262.46
List Price:  SAR374.96
You save:  SAR112.50
ZK1,368.31
List Price:  ZK1,954.82
You save:  ZK586.50
L301.77
List Price:  L431.12
You save:  L129.35
Kč1,442.83
List Price:  Kč2,061.28
You save:  Kč618.44
Ft22,570.84
List Price:  Ft32,245.45
You save:  Ft9,674.60
SEK kr626.59
List Price:  SEK kr895.18
You save:  SEK kr268.58
ARS$101,135.55
List Price:  ARS$144,485.55
You save:  ARS$43,350
Bs481.78
List Price:  Bs688.29
You save:  Bs206.50
COP$253,396.58
List Price:  COP$362,010.64
You save:  COP$108,614.05
₡34,627.96
List Price:  ₡49,470.64
You save:  ₡14,842.67
L1,842.13
List Price:  L2,631.72
You save:  L789.59
₲462,577.37
List Price:  ₲660,853.14
You save:  ₲198,275.77
$U2,697.03
List Price:  $U3,853.07
You save:  $U1,156.03
zł250.22
List Price:  zł357.47
You save:  zł107.25
Already have an account? Log In

Transcript

And the final difficulty is is that they are called disruptive for a reason and they conflict with the core business. And what do I mean by conflict? There are all kinds of conflicts. The first example is cannibalization of the core. This is like a Nespresso cannibalizing the Nescafe business. You might have distribution conflicts, and the way you distribute with the innovator may undermine the core business.

An example and we talk about this later could be like with Nyah Matt and Matt tronics. For example, is branding conflicts. Simply by going into the innovation you may undermine or dilutes the value of the brand of the core business. Finally, there may be incentive or cultural conflicts with your managers, internally. So in short, all kinds of conflicts can arise. And this is why I would call these innovations disruptive or disruptive to the core business because they do create those conflicts.

So he In short, we have a situation where we have an innovation. And normally when we hear the word innovation, we think about something good. And I've asked you, do you want to get into this innovation? The first reaction is Yeah, sure, why not? This sounds good. But actually, we have a situation where the innovator may grow or not grow.

Your existing customers don't want it and actually tell you, they don't want it. And your managers and distributors hated because it will undermine them. So the question then becomes, how can you grow such a disruptive business next to the core business

Sign Up

Share

Share with friends, get 20% off
Invite your friends to LearnDesk learning marketplace. For each purchase they make, you get 20% off (upto $10) on your next purchase.