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***Disruptive Innovation***, a term coined by Clayton Christensen, is the cornerstone of his influential theories. It's all about how smaller companies with fewer resources can successfully challenge established incumbent businesses. Now, you might think that innovation always means making something better, faster, or more efficient for existing customers, right? Not necessarily! Disruptive innovation often starts by serving overlooked segments of the market or creating entirely new markets. Think about it: these new entrants gain a foothold by offering simpler, more affordable, or more convenient solutions. Initially, these solutions might not appeal to the mainstream market because they lack the features and performance that established customers demand. However, and this is the key, disruptive innovations improve rapidly. They eventually meet the needs of the mainstream market, displacing the incumbents that were too focused on sustaining their existing business models.
