what is insuretech
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In breif detail discuss
1. what is insuretech
2.the evolution of insuretech
3. the drivers of insuretech, like technology, customer behaviour, social media. etc
Step by step
Solved in 2 steps
- Explain the Disruptive Innovation Model by Christensen (1997, 2015). Support your explanation with an example from an industry of your own choice.DruckerSystematic innovation involves “monitoring seven sources for innovative opportunity” (Drucker, 1985, p. 35). The first fourare internally focused within the business or industry, in that they may be visible to those involved in that organization orsector. The last three involve changes outside the business or industry.Internally FocusedThe unexpected (unexpected success, failure, or outside events)The incongruity between reality as it actually is and reality as it is assumed to be or as it ought to beInnovation based on process needChanges in industry structure or market structure that catch everyone unawaresExternally FocusedDemographics (population changes)Changes in perception, mood, and meaningNew knowledge, both scientific and nonscientific Discuss the concept which deals with opportunity thinking anddesign thinking, analyse their concepts by providing specific examples and cite readings (e.g. articles,narrative, research) from reputable sources.You are tasked to create a PESTEL analysis of your starting bakery shop located in SM Fairview Philippines. Put an introductory and how will it affect your businessSee this link to aid you on your task: https://strategiccoffee.chriscfox.com/2012/10/how-to-do-pest-analysis.html
- Provide an introduction to Bill Gates Speech at Harvard (part 1) by DHK123, Scott Berkun Lecture: The Myths of Innovation by Carnegie Mellon University, Prahalad @ MSM Opportunities at Bottom of the Pyramid 1/6 by MaasSchoManage, Frank Piller(RWTH/MIT): Innovation and Mass Customization by Cyledge and How can we better understand customers? by Google. Provide an analysis of your understanding from these videos. Follow the analysis with alternatives that are applicable to the analysis formulated. What are the assumptions that can be made from reviewing the videos? Provide recommendations to implement innovation as part as common practice. Next, how would you implement the recommendations? Provide lessons learned and conclusion.One of the strongest unfeasibility to be faced when considering identification of new technologies is an uncertain future, whereas forecasting and prediction are essential for investing in future innovation. Question: Explain TWO potential methods of detect and identifying a new technology in organizations.Listen to the How I Built This podcast episode "TOMS: Blake Mycoskie"Links to an external site. (56:12).2. Write a discussion post in which you do the following: Describe what you learned from this podcast about coming up with innovative ideas and developing them. Include the following: What did you learn about developing innovative ideas from the podcast? In retrospect, how might have you approached your innovation project for this class differently based on Blake's story? What was your biggest takeaway from the podcast that will help you in your professional life?
- Give some current instances of Business Intelligence (BI) application, using the Internet as a source of information. What business intelligence advantages have businesses discovered? A24Case Study: Tweet Tweet—Will Twitter ever find a business model that works? Purpose The purpose of this discussion is for you to explore the business value of a business such as Twitter. The story of Twitter illustrates the difficulties of turning a good business idea with a huge audience into a successful business model that produces revenues and even profits. Next Steps: 1. Read the Twitter Case Study. 2. Post your answers to the following five (5) questions on a WORD document. Keep your answer to each question to around 200 words (1000 words in total). Use your own words. 1. What characteristics or benchmarks can be used to assess the business value of a company such as Twitter? 2. Have you used Twitter to communicate with friends or family? What are your thoughts on this service? 3. What are Twitter’s most important assets? 4. Which methods for monetising Twitter’s assets might be most successful? 5. Can Elon Musk, who recently bought Twitter, turn it around and make Twitter…Why is it so difficult to predict whether an innovationmight disrupt an industry and when it could happen?
- Virtual time capsule app Mission Statement: Macro-Environmental Analysis: SWOT Analysis: * Strengths: * * Weaknesses: * * Opportunities: * * Threats:What are the chances of MyFloridaMarketPlace moving to the cloud?*Compare and contrast Apple’s innovation development process with Kelley’s NPD process. Include how they incorporate the voice of the customer (VoC). When you develop a new product for this class or in the future, what process will you use? Why? http://thenextweb.com/apple/2012/01/24/this-is-how-apples-top-secret-product-development-process-works/#!x4Sx5 https://ecorner.stanford.edu/videos/product-development-process-observation/ https://ecorner.stanford.edu/videos/design-as-an-iterative-process/ https://blog.hubspot.com/service/voice-of-the-customer-methodologies