Disruptive innovation is a powerful force that reshapes industries and democratizes access to products and services. It’s the process of transforming complex, expensive offerings into simpler, more affordable solutions accessible to a wider audience. This transformation often disrupts established markets, challenging traditional players and creating new opportunities. This article explores the core concepts of disruptive […]
Tag Archives: business model innovation
Digitalization is transforming the retail landscape, pushing businesses to adapt and innovate. This article examines how IKEA, a leading retail giant, explored digitalization in its early stages, navigating uncertainty and integrating new technologies into its existing business model. We analyze IKEA’s approach through three key activities: interpreting digitalization, interrelating it with their existing business, and […]