Problem:
Disruptive innovation is a mechanism of alternatives used to replace or operate contrary to current traditionalized business models. Disruptive innovation offers consumers with a wide range of options that may be presented as a more convenient and cost effective solution. For example, in terms of education, a traditional system of schooling may meet a certain criteria as far as educating the youth, however, with the increase in overcrowded schools outweighing the teacher-to-student ratio thus stifling a students learning growth the benefits in comparison to the disadvantages defeats the purpose of what's really important. In addition to overcrowded schools, there is a nationwide concern of the rapid growth in teenage bullying, zoning issues, etc. which are indicators of disruption. A disruptive innovator is used to remedy the situation even at the cost of not being widely recognized as innovation. Paradoxically disruptive innovation is a significant technique that opens doors of opportunities for everyone in opposition to the current business model. For instance, reverting back to the school scenario a disruptive innovator may include utilizing the homeschooling methodology of online courses. Homeschooling would reduce the number of students in a class room and will encourage independent learning with minimal distractions. Homeschooling may be considered disruptive for the reason that more students are leaving traditional schools for alternative methods. Private schools are also considered as disruptive innovation.
Drivers of disruptive innovation
Change Implementation-when disruptive innovation occurs, it is usually as a result of a much needed change in the marketplace, i.e. the shift from physically going to a local video store to rent movies-to utilizing organizations such as Netflix, or Cinemanow whereas the video store currently resides within the privacy of your own home. Disruptive innovation is a fundamental source of change implementation that may occur within the internal and external framework. Some organizations tend to maintain the same business practices of traditionalism and refuse to shift within an evolving market; this method could create a problem that is detrimental to the organizations life expectancy.