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What distinguishes radical innovation from other types of innovation?

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There is a risk factor with radical innovation. This will make traditional companies skeptical of adopting radical innovation. How can that be changed? Could certain information be presented to appease any negative criticism?

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Radical Innovation
Radical Collaboration
Radical Management
Diane Roessler Weinert
12 months ago

4 answers

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Radical innovation is how disruptive your innovation is within the industry or that is how I perceive it.  Other types of innovation include improvements on current products and services but are slightly different than what is currently in the market.  The true radical innovation is totally disrupting the industry and adopting the new innovation as the norm.

Cristen Taylor, MBA
12 months ago
Thank you, Cristen. Which innovations come to mind when you think of the "Oil and Gas " Industry? - Diane 12 months ago
The innovations that come to mind are electric cars, drones, and cars driving themselves - although these are more disruptions than they are innovations for the gas and oil industry. Understanding what the average consumer wants - my guess is cleaner energy with less draw on natural resources. - Cristen 12 months ago
Thank you, Cristen. I agree with you when you state the "electric cars". I also agree that consumers are seeking "cleaner energy" and "natural reseources". Which oil and gas company do you think is traditional? Which company in the oil and gas industry do you think adopts quickly and which one do you think lags? What makes the decision maker in the oil and gas industry adopt or reject innovation? - Diane 12 months ago
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There is lot of disruption going on, take any field, Health, Media, Government, Transportation. we can say radical innovations work but it also comes with a high degree of risk. Similarly, there's usually a high degree of resistance to it and a corresponding slow rate of adoption because of its disruptive nature. I am saying people are not comfortable with new innovations and technological disruption, because they have lost trust and faith in it and reason is mainly attack on Privacy and Security.
So, steps have to be taken to address lot of issues which create unhealthy disruption or radical innovation in any sector.

Masarrat A Shah
12 months ago
I agree with your comments. Any ideas on how to address those issues? - Cristen 12 months ago
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Radical Innovation should involve a new process that solves a new problem to thought about, gives customers something better or saves time, thus lowering the costs. It must solve an "itch" better than any other method available, and in doing so, makes other companies think about killing off their current way of doing things to adopt to the radical innovation or die a slow death.

Think of Tesla. Many people think its about an electric motor in a car. Tesla is not. It is a way of thinking about VEHICLES in a different light. No switches, everything updated over the air, autonomous driving, better driving by making the platform solid. Oh and its driven by electricity. Other car companies made the mistake thinking about a car with an electric motor. Its much much more.

Many people think Tesla is about creating Solar energy. (Its rooftop solar business) Tesla is not. It's about an end to end energy source that can be created by an individual and used in all aspects of life. Its making use of the energy in your car, in your house, in large energy installations in commercial applications. Its about applying energy created on rooftops and making easy to consume,

Tesla is radical innovation. Not an electric motor in a car or a solar collector on your roof. its all radical. Its all new and its all demanding change.

James Barry
12 months ago
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Radical innovation create products or services that change your industry for the better. Radical innovation depends on the collaboration and creativity of your staff and a willingness to work toward shared goals. Finding new ways to make innovations aligned with your goals that the customer will value enough to purchase.

Jatindranath Das
12 months ago

Have some input?