IT, Innovation, & Social Impact

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Presentation transcript:

IT, Innovation, & Social Impact CIS 9002 Kannan Mohan Department of CIS Zicklin School of Business, Baruch College

Learning Objectives How are innovation and IT related to one another? How can one drive the other? How can IT & innovation be used to positively affect societal impact?

Innovations: Incremental vs. Radical Minor changes to existing products Exploits potential of established design Reinforces dominance of established firms Radical Based on different set of scientific and engineering principles Opens whole new markets and potential applications Problematic for established firms

Innovations Core concepts Linkages Incremental Modular Architectural Discontinuous Reinforced Overturned Unchanged Changed (Henderson and Clark, 1990)

IT-enabled Business Transformation Revolutionary levels Business scope redefinition Business network redesign Business process redesign Degree of business transformation Evolutionary levels Internal integration Localized exploitation Range of potential benefits (Venkatraman, 1994)

Sustaining vs. Disruptive Innovations Maintaining a rate of improvement More and more on attributes that customers already value Different package of attributes Worse performance along some dimension that is of value to customer (Bower and Christensen, 1995)

Sustaining vs. Disruptive Innovations Mainstream Performance Disruptive Time (Bower and Christensen, 1995)

Open Innovation Crowdsourcing IT as a platform for open innovation Challenges?

Links between IT & Innovation Control & Order vs. Chaos Capabilities Portfolio/program/project management Collaboration Knowledge Management Business-IT linkage Ambidexterity Competitive Intelligence Tools Control

IT and the BoP (Bottom of the Pyramid)