@ChristensenInst research team guided by two questions: What is the causal mechanism behind prosperity? How can we engender it in poor countries?
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The Market-Creating Innovation Bootcamp for Policymakers serves as the first steps to the establishment of a #MCI enabling environment and the promotion of prosperity. Interested in participating? Learn more in our latest piece:
christenseninstitute.org/blo…
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Exciting News! We are happy to announce the launch of our Global Prosperity CCI #Threads account! For our latest content & real-time updates on workshops, events, and all the happenings follow us on Threads now: @globalprosperitycci threads.net/@globalprosperit……
#Connect #Community
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Global CCI retweeted
Thursday is #PhilosophyDay.
Reflection & critical thinking are key to solving some of the greatest challenges facing humankind.
More from @UNESCO on how philosophy unites us: on.unesco.org/2DnDo7N
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The #ProsperityParadox persists because the predominant theory of development is incomplete.
christenseninstitute.org/blo…
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How do you spot #nonconsumption?
1. Recognize over-engineered products
2. Key into people's emotions
3. Watch what they do, not what they say
4. Look for abundant or idle resources
5. Watch for lawbreakers
Learn more: christenseninstitute.org/blo…
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During the process of innovation, there are two categories of activities: exploration of new possibilities and exploitation of old certainties. What do those activities look like within the phases of market-creation?
christenseninstitute.org/blo…
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Global CCI retweeted
It’s essential that a diverse group of people can control, access, and benefit from investment capital. Learn how my company, @pivotalventures, is out to change the face of power in the venture capital industry. m-gat.es/3QYn8iY
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#Nonconsumption opportunities are characterized by struggle: No struggle, no opportunity
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Not all innovations are created equal; sustaining and efficiency innovations are important, but they have a different impact on an organization and an economy
#Marketcreatinginnovations have the potential to generate immense wealth and prosperity.
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Global CCI retweeted
Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth. -Peter Drucker.
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What does #marketcreation look like? How can YOU replicate the process?
@EfosaOjomo's latest article breaks down this process and @SandyZSanchez's piece shows you what activities in each phase should look like:
christenseninstitute.org/blo… AND christenseninstitute.org/blo…
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#Marketcreation follows a fairly predictable pattern of discovery, distribution, and sometimes, democratization. Within each of these phases there should exist both #exploration and #exploitation activities. But what exactly does that look like???
christenseninstitute.org/blo…
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Understanding a new concept can sometimes best be done by analyzing it through an older lens. Our newest piece uses the concept of exploration vs. exploitation to better understand the activities in the 3 phases of #marketcreation. Learn more: ow.ly/q09x50Q3i7J
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Every economy is made up of two parts #consumption and #nonconsumption. What roles do these components play in the goal of an economy?
christenseninstitute.org/blo…
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A discovery by itself isn’t enough to change the world. How do distribution and democratization factor into #marketcreation?
christenseninstitute.org/blo…
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Global CCI retweeted
The history of @IBM is a classic example of the Innovator's Dilemma. It remains one of *very* few "incumbents" that has survived waves of disruption by disrupting itself. Appreciated this from @theindicator. npr.org/podcasts/510325/the-…
#InnovatorsDilemma #IBM #DisruptiveInnovation
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Global CCI retweeted
Disruptive Innovation is a fascinatingly misused and misunderstood concept. To determine if a product or service is truly disruptive, ask these 6 questions: christenseninstitute.org/blo…
#DisruptiveInnovation #Strategy #Disruption #Innovation
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#Marketcreatinginnovations transform complicated and expensive products into simple and affordable ones, making them accessible to a whole new set of people called #nonconsumers.
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Nations are built from markets. But building these markets first requires targeting #nonconsumption. How do you do this?
christenseninstitute.org/blo…
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