Dr. Christian Hopp is a professor at Berner Fachhochschule and heads the Methods and Tools division at the Bern University of Applied Sciences (BFH). He previously led the teaching and research area of Technology Oriented Entrepreneurship at RWTH Aachen University. Christian's research interests include start-up financing, start-up management, and personnel economics. He studied Business Administration in the USA, Netherlands, and Germany. He has a doctorate in Quantitative Economics and Finance from the University of Konstantinos, a master's in Business Administration from the University of Pittsburgh, and a master's in Financial Management from the Rotterdam School of Management. Christian joins me today to discuss disruptive innovation versus radical innovation. He shares when business planning is effective and why groups of leaders working on a project or concept should create a founder's agreement. Christian reveals the driving forces behind successful companies, like breakthrough innovation, radical innovation, disruptive innovation, architectural innovation, and incremental innovation. He highlights how although technology is involved in companies that disrupt markets, it is the business model that is always the most vital aspect. Christian shares how companies can counter disruption in their industry through organizational resilience and company culture. He shares how technology is blurring industry boundaries and what this means when identifying your competitors. Christian also discusses the pros and cons of visionary leaders and sustainable leadership.
"Some of those companies that have been disrupting markets - there was technology involved, but it was the business model that was the most crucial thing." - Christian Hopp
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