Remove B2B Remove Disruptive Innovation Remove Industry Remove Levitt
article thumbnail

Can Chinese Smartphone Darling Xiaomi Compete in Western Markets?

Harvard Business Review

In the words of Harvard Business School marketing professor Theodore Levitt, “ People don’t want to buy a quarter-inch drill. For example, consumer brands tend to have more of a social/emotional component to their jobs-to-be-done, while B2B products are heavier on functional needs. Disruptive innovation Global business'