– In an environment that is hyper-dynamic and faced with economic turmoil, it is crucial that organizations identify innovative competitive strategy. Using principles from Clayton Christensen's The Innovator 's Dilemma, KVH Industries embarked upon a strategic market planning mission. This paper aims to describe how this company successfully turned a competitive disadvantage to an advantage by examining the market mindset and utilizing disruptive innovation to introduce a new product.
– This paper utilizes a case study to demonstrate successful application of disruptive innovation.
– A new evolutionary product was indicated in the research.
– There may be some lack of generalizability due to this being a case study for a specific brand in a specific industry.
– It is unclear whether a revolutionary, rather than an evolutionary, product introduction would be more successful. Practitioners should recognize the competitive opportunities afforded through “disruptive innovation” strategies.
– This paper is of value to practitioners to see the success of one company's dismissal of a revolutionary product introduction in favor of a product launch that represents a “just good enough” alternative to competitors' products. It also demonstrates that there are risks associated with using a brand extension approach rather than individual branding.
