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Disruptive Innovation: A Flawed Idea? Executives say they want disruptive innovation, but what they really crave is “managed evolution”

Disruptive Innovation: A Flawed Idea?

Executives say they want disruptive innovation, but what they really crave is “managed evolution,” says John Parkinson.

John Parkinson, Contributor

July 10, 2014 | CFO.com | US

I collect useful and illustrative quotes from famous people. Two of my favorites are from George Bernard Shaw (an Irish author and playwright and a co-founder of the London School of Economics): “Those who can’t change their minds can’t change anything” and “Progress is not made by reasonable men.” I have always liked the implications of his attitude, reminding us that we need to remain flexible and open to new ideas, however “unreasonable” they may at first seem.

Which brings me to the topic of disruptive innovation. …

I do so love an intramural academic spat, especially in areas where there is little actual “science” underlying the debate. Even better when conventional “wisdom” (much of which is akin to folklore, without rigorous foundation or supporting evidence) is challenged on the merits, and the reputation of an academic icon is called (justifiably or otherwise) into question.

Read more about the discussion at http://ww2.cfo.com/growth-strategies/2014/07/disruptive-innovation-flawed-idea

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About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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