Mastering The Hype Cycle

How to Choose the Right Innovation at the Right Time

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Rules for Riders #8 ‘Wipeout decisively’

June 5th, 2009 by Mark Raskino · Comments Off

Just sometimes the wave will breakdown and there is no way to make it work for you. If it looks like this innovation really just won’t resolve its teething troubles, take the decision, fail fast and learn. Don’t let the wave take you down and turn you over. Sometimes, when a big wave breaks a blame culture arises and individuals become casualties. It is safer for you to choose how to dive off cleanly and save your neck for another. Your practice and experience and a few key indicators will tell you if the wave is a dud – listen to your inner voice if things don’t feel right.  Don’t wait for the fall and make a big ugly splash. You could get career maimed by the board crashing down on your head apportioning blame.

For an overview of ‘Rules for Riders’ see previous post

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A hype cycle for augmented reality

May 29th, 2009 by Jackie Fenn · 2 Comments

Following Geovector’s selection as a Cool Vendor in 2006, we’re starting to see other early commercialization of augmented reality capabilities using cell phones, such as Mobilizy’s Wikitude and Tonchidot’s Sekai Camera.

We’re also seeing a growing body of well-informed discussion and debate around types of augmented reality and their relative maturity. In Augmented Vision and the Decade of Ubiquity, Robert Rice separates out four levels of AR, distinguishing the current batch of animation-enhanced video feedbacksystems (eg from Total Immersion) from those like Mobilitzy’s Wikitude that stay closer to the original vision of using knowledge of the user’s location and other context to superimpose relevant information. In the Augmented Reality Hype Cycle, Maarten of SPRXMobile positions the four styles and other additions on a hype cycle chart, triggering some interesting debate about capabilities such as dumb vs smart augmentation (ie does the system deliver a static piece of information linked to an object or place, or does it use context to deliver dynamic links).

This level of discourse, along with the beginnings of the commercial services, indicates that the topic is climbing higher toward the Peak of Inflated Expectations. We’ll shortly be updating the hype cycle entry for augmented reality for this summer’s Hype Cycle Special Report and we’ll move it along accordingly.

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Rules for Riders #7 ‘Stay cool’

May 15th, 2009 by Mark Raskino · Comments Off

Innovation adoption hype cycle surfers must stay cool at all times. This is especially true in the plunge from the peak of inflated expectations to the trough of disillusionment. Nine times out of ten the hype cycle will bottom out and start to recover, but for those coming on the ride with you it won’t feel like that – especially if they are newbies. As an innovation leader you must maintain your poise and your external confidence. Let the competitors give up – your visible tenacity, continued and assured evangelism is what will help you win. The thrill, pace and excitement at the start of the wave may slow down, but you must bring this thing all the way into the shore to reap the final reward and ultimate respect.

For an overview of ‘Rules for Riders’ see previous post

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Ours is Gartner’s sixth Harvard Business book (#7 is coming..)

May 11th, 2009 by Mark Raskino · Comments Off

It won’t surprise you to know that Jackie and I feel proud and privileged to be the co-authors of ‘Mastering the Hype Cycle’.  What might be news is that it’s the sixth in a series Gartner has published with Harvard Business School Press.  That collection is a very cool achievement indeed.  We think it’s a major contribution to Business IT management education. The seventh, ‘The Real Business of IT’ by Richard Hunter and George Westerman, is coming this Fall.
Apart from the authors, there are a couple of Gartner people behind the scenes who made this happen. Heather Levy is our internal head of book publishing. Andrew Spender is our corporate head of communications. This collection has been a labour of love for them both over the last 5 years.  Can you imagine trying to shepherd very busy and sometimes precocious analysts through the writing process and getting them to deliver a manuscript on time? They command our highest respect and gratitude.

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Rules for Riders #6 ‘Commit with confidence’

May 8th, 2009 by Mark Raskino · Comments Off

Don’t even bother to make a half hearted attempt at adopting the innovation on this wave, you will be certain to fail. Decide when to go and then put your full energy into it. Innovation isn’t easy. Changing anything, particularly in larger organizations will always turn out tougher than you initially expect. Staying the course will require your full concentration. Don’t wander, don’t delegate too much – if you let your attention drift sudden subtle changes in the wave could throw you off balance. There are many unknown twists and turns you must be alert to and be prepared to take quite suddenly in order to keep the initiative afloat. This is continuous learning.

For an overview of ‘Rules for Riders’ see previous post

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Pilgrim’s Progress along the hype cycle

May 5th, 2009 by Jackie Fenn · Comments Off

I really owe it all to Miss Mackie, former headmistress of the City of London School for Girls. Once a week she instructed our class of energetic 11-year olds in English literature, keeping us pinned silently to our desks by force of her imposing presence. The book open in front of us was John Bunyan’s Pilgrim’s Progress, an allegorical tale from the 17th century that is apparently such a significant work of literature that it has never been out of print.

Try telling that to a bunch of squirming 11-year olds. I don’t remember much about the book, but the places that the hero Christian visited along the way obviously etched themselves deep into my psyche.  The “Slough of Despond” was clearly the inspiration for the “Trough of Disillusionment” on the Hype Cycle, so I though it might be worth looking back to see if some of the other locations on Christian’s journey offer us any insight into the side roads and less-traveled paths of the technology pilgrimage.

My favorites::

Doubting Castle – those top executives who never exhibit the enthusiasm you’d hoped for. The only way out according to Bunyan is the key “Promise” – commit to what you can deliver, but keep it realistic.

The Valley of Humiliation – to avoid that “oh @$%&, my project’s a disaster” sensatation, make sure you evaluate the real benefit to your organization rather than being driven by external hype, and re-evaluate periodically as you learn more (see next entry).

Wicket Gate – pilgrims can only enter the straight and narrow path to the Celestial City through this gate. Innovators should use their own “stage gate” process to build in decision points about which innovations to continue with and which to put on hold until they mature further.

What else should we watch out for in the technology adoption landscape?

Comments OffTags: Hype Cycle Insight and Advice · Innovation Management and the Hype Cycle

Fifteen ‘next big things’ for hype cyclists

May 1st, 2009 by Mark Raskino · 1 Comment

As I have mentioned before in this blog, the search phrase ‘next big thing’ is a very useful one for emerging trends and technologies tracking.  Yes, its a cliche and used way too much by journalists – but their headline quick fix is your radar tracking gain.  Here’s a small collection of recent references I pulled up today. Caution: this is reportage not analysis!  I am not endorsing the veracity of any of these claims.

Enjoy

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Experimenting with a hype cycle for Google Chrome

April 30th, 2009 by Mark Raskino · Comments Off

Generally speaking the hype cycle is much better for tracking a generic market innovation (e.g. ‘mobile email’) rather than products or companies (e.g. ‘Blackberry’).  However the hype cycle is a bit of a Swiss Army Knife – usually fairly useful when you don’t have the perfect tool for the job.

With that in mind I have been playing with public data about the Google Chrome browser to see if it helps evidence a hype cycle curve for that piece of software.  I used Google Trends (search volume) as an indicator of social excitement and browser share as an indicator of market penetration and real progress. It seems to work fairly well.  Remember – the Y axis of the cycle is ‘Expectations’ – there is no perfect measure for that so we must look for proxies and markers to build evidence.  The Hype Cycle is, in the end, mostly a qualitative management tool for expert judgement.

However – here is the indicator curve I plotted from the data.

So what can we learn from the green line that combines the two factors?  Chrome appears to have had a short sharp rise to the peak of inflated expectations – and a quick fall.  We might expect that, because it’s only an incremental innovation (another browser) not a breakthrough, but Google is a major and closely followed company.  Chrome didn’t spend long in the trough of disillusionment – barely 3 months. However it seems to be following a long slow crawl out of there – up a shallow slope of enlightenment.

I’ll try to revisit this in few months time, to see what happens next.

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Rules for Riders #5 ‘Pick your spot’

April 28th, 2009 by Mark Raskino · Comments Off

Once you have decided that this is the right innovation wave, you must judge carefully when you will you go with it– before the peak, at the peak, after the peak? Perhaps you want to wait until almost the trough. Maybe you should take it easy and ride this one in on the plateau. Make an active decision based on your needs and circumstances. Many factors and other priorities in your organization have a bearing. Even if you are usually an aggressive risk taker, your energy may have been sapped by the last couple of waves and it could be time to take a breather, to let your organization’s heart rate settle down so it is ready to accept more change. Don’t let hype dictate your timing decision.

For an overview of ‘Rules for Riders’ see previous post

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Inspiration for innovators: some video jaw droppers

April 24th, 2009 by Mark Raskino · 2 Comments

Every now and then you need to inspire your internal audience and remind them what the power of the microprocessor will make possible. Moore’s law isn’t done with us yet. Here are some links to videos – not all of them brand new – but still likely to help drop jaws and get people talking.

Actor 2.0 (and higher res close up here )

Kick ass robot

Beyond wearable

Minority report prequel

Immersive reality

If you have others that made you say ‘wow’ out loud recently – please let us know.

→ 2 CommentsTags: Innovation Best Practices · Innovation Management and the Hype Cycle · Uncategorized