Disruption is alive and well, from dairy to hearing aids to EVs
"Disruption is the possibility that keeps both CEOs and startup-founders up all night."
Faculty
Bill Fischer is a Senior Lecturer at the Sloan School of Management, and a Emeritus Professor of innovation Management at IMD.
Bill has been involved in innovation his entire career: apprentice electrician in New York City building trades; development engineer in industry; engineer officer in the US Army; advisor to the World Health Organization on medical research management; consultant to numerous corporate innovation programs in Europe and North America; and is a participant in several innovation startups. He has worked in enough large, complex and successful organizations to have experienced, first-hand, their debilitating powers, and is currently working on several Organizational Transformation projects, in an effort to revitalize such organizations.
He was the Executive President and Dean at the China-Europe International Business School (CEIBS), and held a chaired professorship at the Kenan-Flagler Business School, University of North Carolina, Chapel Hill.
Bill is widely published in the academic literature, and has coauthored several books on innovation, including Virtuoso Teams, The Idea Hunter, and Reinventing Giants. He writes for Forbes.com and has been named to the Thinkers50 Hall of Fame.
"Disruption is the possibility that keeps both CEOs and startup-founders up all night."
" ... it may well be that technology loses its role as the instinctive, and even principle, corporate strategic asset."
"Ferrari's choice of an industry outsider to assume its CEO position is a salvo fired across the bows of...industry traditionalists."
“We have to be equally analytical about the choices we make, not only about business models, but about organizational culture.”
This joint program with IMD helps business leaders successfully manage innovation from concept to commercialization. Drawing on a dynamic and integrative value chain framework created at MIT, participants learn how to build organizational relationships that facilitate knowledge transfer, both within the firm and across the value chain.
New competitors, digitization of product and service offerings and delivery, and unforeseeable events are shaking up our businesses, economies, and global society. While innovation around products and services are necessary to stay ahead, business model innovation is essential for delivering longer lasting competitive advantage. This business model course demonstrates how exploring your business model logic and its implications for organizational structure can improve your organization’s approach to innovation and customer value creation.