Money and Finance
- Clayton Christensen Responds To New Yorker Takedown Of 'disruptive Innovation'
The article he's responding to was the one I had linked to yesterday, HERE. Link to: Clayton Christensen Responds to New Yorker Takedown of 'Disruptive Innovation' When the New Yorker this week published Harvard historian Jill Lepore’s...
- Clayton Christensen Wants To Transform Capitalism
Sixteen years ago a book by Clayton Christensen changed business thinking forever. The Innovator’s Dilemma looked at industries ranging from disk drives to steel to mechanical excavators and exposed a surprising phenomenon: When big companies fail,...
- Clay Christensen's Life Lessons
Thanks to Will for passing this along. On a warm April evening, Clayton Christensen arrived at his home in Belmont, Mass., desperate for a peanut butter sandwich. Christensen is diabetic, and with his blood sugar low, he seemed out of sorts. As he crushed...
- Clayton M. Christensen On Disruptive Innovation In Health Care
Interview: Disruptive Innovation: Can Health Care Learn From Other Industries? A Conversation With Clayton M. ChristensenArticle: Disruptive Innovation In Health Care Delivery: A Framework For Business-Model Innovation – By Jason Hwang and Clayton M....
- When Capitalism And Corporate Self-interest Collide - By John Kay
Adam Smith understood the difference between policies that favoured free trade and policies that favoured established business. “The interest of the dealers in any particular branch of trade or manufacturers,” he wrote, “is always in some respects...
Money and Finance
THE DISRUPTION MACHINE: What the gospel of innovation gets wrong. – by Jill Lepore
UPDATE: Clayton Christensen responded to this article, HERE.
Link to article: THE DISRUPTION MACHINE
Link to article: THE DISRUPTION MACHINE
Porter was interested in how companies succeed. The scholar who in some respects became his successor, Clayton M. Christensen, entered a doctoral program at the Harvard Business School in 1989 and joined the faculty in 1992. Christensen was interested in why companies fail. In his 1997 book, “The Innovator’s Dilemma,” he argued that, very often, it isn’t because their executives made bad decisions but because they made good decisions, the same kind of good decisions that had made those companies successful for decades. (The “innovator’s dilemma” is that “doing the right thing is the wrong thing.”) As Christensen saw it, the problem was the velocity of history, and it wasn’t so much a problem as a missed opportunity, like a plane that takes off without you, except that you didn’t even know there was a plane, and had wandered onto the airfield, which you thought was a meadow, and the plane ran you over during takeoff. Manufacturers of mainframe computers made good decisions about making and selling mainframe computers and devising important refinements to them in their R. & D. departments—“sustaining innovations,” Christensen called them—but, busy pleasing their mainframe customers, one tinker at a time, they missed what an entirely untapped customer wanted, personal computers, the market for which was created by what Christensen called “disruptive innovation”: the selling of a cheaper, poorer-quality product that initially reaches less profitable customers but eventually takes over and devours an entire industry.
[H/T The Big Picture]
- Clayton Christensen Responds To New Yorker Takedown Of 'disruptive Innovation'
The article he's responding to was the one I had linked to yesterday, HERE. Link to: Clayton Christensen Responds to New Yorker Takedown of 'Disruptive Innovation' When the New Yorker this week published Harvard historian Jill Lepore’s...
- Clayton Christensen Wants To Transform Capitalism
Sixteen years ago a book by Clayton Christensen changed business thinking forever. The Innovator’s Dilemma looked at industries ranging from disk drives to steel to mechanical excavators and exposed a surprising phenomenon: When big companies fail,...
- Clay Christensen's Life Lessons
Thanks to Will for passing this along. On a warm April evening, Clayton Christensen arrived at his home in Belmont, Mass., desperate for a peanut butter sandwich. Christensen is diabetic, and with his blood sugar low, he seemed out of sorts. As he crushed...
- Clayton M. Christensen On Disruptive Innovation In Health Care
Interview: Disruptive Innovation: Can Health Care Learn From Other Industries? A Conversation With Clayton M. ChristensenArticle: Disruptive Innovation In Health Care Delivery: A Framework For Business-Model Innovation – By Jason Hwang and Clayton M....
- When Capitalism And Corporate Self-interest Collide - By John Kay
Adam Smith understood the difference between policies that favoured free trade and policies that favoured established business. “The interest of the dealers in any particular branch of trade or manufacturers,” he wrote, “is always in some respects...