Podcast Innovate+Upgrade

The Three Types of Innovation

Innovation consulting across the fields of sustaining innovation, efficiency innovation, market-creating innovation and disruptive innovation

In this JTBD podcast shot, Peter Rochel explains the three types of innovation. In just under 11 minutes, Peter shows you how these three types of innovation differ – and why it is vitally important for companies to know them and use them deliberately.

Listen to I+U Season 2, Episode 045 right here

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All chapter timestamps for this episode:

00:00:00 Intro
00:01:06 Gambling disclaimer!
00:02:03 Three types of innovation
00:03:01 Sustaining innovations
00:04:15 Efficiency innovations
00:05:41 Market-creating innovations
00:07:36 Where JTBD and WoP help
00:10:33 Get out

Isn’t disruptive innovation missing here?

No – the term “disruptive innovation” is too misleading and ambiguous. Clay Christensen himself grew increasingly unhappy with how the term was being used, as it had drifted far from his own definition. That is why we follow Christensen’s suggestion and replace it with “market-creating innovation”, which fits far better.

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