What do Drucker's seven interrelated innovation opportunities mean?

The seven interrelated innovation opportunities summarized by Drucker are explained as follows:

1, unexpected events, this is the easiest and lowest-cost innovation opportunity. For example, the Marriott Hotel was a chain restaurant when it was first established. One year, they opened a restaurant in Washington state, and the business was unexpectedly hot. Later, I learned that the airport is opposite the restaurant. At that time, there was no food on the plane, so many passengers came to the restaurant to buy fast food and take it on the plane.

2. Inconsistent events mean that it should be logical, but the actual result is not. Based on the innovation of program requirements, when an existing program no longer meets the needs of users, it needs to be innovated. Innovation based on process requirements requires innovation when an existing process is no longer effective or uneconomical.

3. Based on the change of industry and market structure, when the industry structure or market structure changes, there will be new opportunities and challenges. Based on the change of population structure, with the change of population structure, such as the aging population, new needs and opportunities will appear. Based on the change of cognition, when people's cognition, values, attitudes or knowledge change, new opportunities will appear.

Importance of innovation opportunities

1. Innovation opportunities can help enterprises improve their competitiveness. In today's highly competitive market environment, only continuous innovation can maintain competitiveness. Through innovation, enterprises can develop new products, new technologies and new services to meet the changing needs of consumers. Innovation opportunities can also bring more career development opportunities for individuals.

2. Innovation opportunities can also help enterprises reduce costs and improve efficiency. Through technological innovation and management innovation, enterprises can optimize production processes, improve production efficiency and reduce production costs. This can not only improve the profitability of enterprises, but also enhance their ability to resist risks.

3. For individuals, innovation opportunities are equally important. Can help individuals improve their abilities and values. In today's era of knowledge economy, knowledge and skills are updated very quickly. If individuals can seize the opportunity of innovation and constantly learn new knowledge and skills, they can adapt to the changes in the market and improve their competitiveness.