Questions: Which of the following is a way to recognize potentially disruptive innovations? Increase conversation within same product groups. Seeking the opinions of venture capitalists, research academics, and passionate internal engineering staff. Pay attention to slow-expensive advancements in technology. Indulge in bottom-line obsession. Become more consumer-focused.

Which of the following is a way to recognize potentially disruptive innovations? Increase conversation within same product groups. Seeking the opinions of venture capitalists, research academics, and passionate internal engineering staff. Pay attention to slow-expensive advancements in technology. Indulge in bottom-line obsession. Become more consumer-focused.
Transcript text: Which of the following is a way to recognize potentially disruptive innovations? Increase conversation within same product groups. Seeking the opinions of venture capitalists, research academics, and passionate internal engineering staff. Pay attention to slow-expensive advancements in technology. Indulge in bottom-line obsession. Become more consumer-focused.
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Solution

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The answer is: Seeking the opinions of venture capitalists, research academics, and passionate internal engineering staff.

Explanation for each option:

  1. Increase conversation within same product groups: This option is not typically associated with recognizing disruptive innovations. Conversations within the same product groups may lead to incremental improvements rather than identifying disruptive changes, as they often focus on existing products and technologies.

  2. Seeking the opinions of venture capitalists, research academics, and passionate internal engineering staff: This is a valid approach to recognizing potentially disruptive innovations. Venture capitalists and research academics are often at the forefront of identifying emerging trends and technologies. Passionate internal engineering staff can provide insights into new possibilities and innovations that may not yet be mainstream.

  3. Pay attention to slow-expensive advancements in technology: Disruptive innovations are usually characterized by their ability to offer simpler, more affordable, and more accessible solutions compared to existing technologies. Therefore, focusing on slow and expensive advancements is not typically how disruptive innovations are recognized.

  4. Indulge in bottom-line obsession: Focusing solely on the bottom line can hinder the recognition of disruptive innovations. Companies that are overly concerned with immediate financial performance may overlook long-term opportunities that disruptive innovations can provide.

  5. Become more consumer-focused: While being consumer-focused is generally beneficial for understanding market needs, it does not specifically help in recognizing disruptive innovations. Disruptive innovations often start by serving niche markets or unmet needs that are not immediately apparent through traditional consumer focus.

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