A thought-provoking analysis of the new business paradigm shows how firms that do "everything right" can nevertheless fail because of new technologies and disruptions in the market structure. Reprint.
In this revolutionary bestseller, innovation expert Clayton M. Christensen says outstanding companies can do everything right and still lose their market leadership—or worse, disappear altogether.
The Ball Corporation: 130 Years of Growth Now consider the history of a $9 billion company, more than 130 years old, that you may never before have heard of but whose products you use all the time: the Ball Corporation.
See Clayton M. Christensen and Richard S. Tedlow, “Patterns of Disruption in Retailing,” Harvard Business Review, January–February 2000, 42–45. Ultimately, Wal-Mart was able to create processes that turned assets faster than Kmart.
The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail
For example, at BIG, a company that uses the business model of the American Idol TV show to find inventors and bring their products to market, CEO Mike Collins wants a different mix of discovery and delivery skills at each stage of the ...
Traditional business practices such as conducting strategic planning and paying close attention to customer needs are insufficient for negotiating disruptive innovations in the market. This is the innovator’s dilemma.
Every thoughtful business person--no matter your level or industry—should read this book to avoid a similar fate.
The book shows you how to: Follow a market-proven process -- so your company can reliably create blockbuster businesses Create structures, systems, and metrics -- so the disruptive innovations that will power your firm's future growth ...
In this book, Joshua Gans cuts through the chatter to focus on disruption in its initial use as a business term, identifying new ways to understand it and suggesting new tools to manage it.
He shared with them a set of guidelines that have helped him find meaning in his own life, which led to this now-classic article. Although Christensen’s thinking is rooted in his deep religious faith, these are strategies anyone can use.