the ceo magazine, innovation,
Derek Ting, CEO, TextNow

Everyone is talking about disruptors – companies or individuals that are identifying a gap in an industry and filling it in a new or unique way. This is the very nature of business success since the beginning.  Still, people always ask me if I set out to disrupt the traditional wireless business when I first thought about creating my company, TextNow.  The truth is that sounds cooler than the reality.  Here are some lessons I’ve learned as all the cliché terms – “tech CEO,” “millennial CEO,” and “wireless industry disruptor”:

Michael Kanazawa, Americas Enterprise Innovation Leader, Ernst & Young

The new disciplines of Innovative Transformers

In today’s environment, disruptive external forces are mandating that companies of all sizes and maturity gain the ability to self-disrupt their growth path and pivot to new directions as quickly as Silicon Valley start-ups. Every successful startup is a unique creation of new products, new markets and new ways of delivering value for customers where innovation, changes in direction and disruption can be weekly events. However, as companies grow, unwritten ways of ‘how things get done’, core competencies, leadership models, and high commitment investments all create a force of inertia, the tendency for things to stay the same. With the mandate to drive greater innovation, how are CEOs driving innovation into the core of their businesses?

the ceo magazine, innovation,
Peter Sheahan &  Julie Williamson, Karrikins Group

As you look around your industry, your market, and your customer base, are you confident you are creating the most value possible?  Are you delivering an experience and a product that solves an important need for your customers?  Or have you perhaps let that slip as you’ve perfected your ‘cash cow’, driving operational costs down and increasing margin through volume and pricing?  It is an easy place to go – many companies have great opportunities to make a lot of money riding out a winner for as long as possible. The problem with it is best summed up in one word: complacency. 

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