Skip Prichard

SEPTEMBER 20, 2020

Industries are being upended. Only those who are able to reinvent themselves, imagining new solutions, and developing new products and services to be relevant in the future will be poised to thrive. Why do many businesses seem frozen even though the constant changes hitting industries require action? Research & Develop.’

Innovation 105

Innovation Drucker Supply Chain Influence 105

Harvard Business Review

DECEMBER 24, 2013

The result, I think, is a set of ideas that together are important, useful, and original, and that feel like quite an accurate account of the management concerns many of us shared in 2013. If your knowledge-based industry hasn’t been disrupted yet, get ready. government, excellent project management is extremely rare.

Management 18

Management Health Care Middle Management Agility 18

LDRLB

MAY 26, 2014

In that sense, the Christensen solution has become counterproductive; in fact, it’s become dangerous. Really, we couldn’t find any industry where this phenomenon wasn’t happening. Paul and I call that the inevitable truth of your industry. If you follow his advice, you’re going to wait too long. You know it’s going to happen.

Early Adopters 60

Early Adopters Rogers Disruptive Innovation Innovation 60

Harvard Business Review

NOVEMBER 18, 2015

That’s no surprise, since Clayton Christensen co-founded our company in 2000, five years after his Harvard Business Review article with Joseph L. Christensen and two co-authors revisit where disruption theory stands today in a new HBR article, “What Is Disruptive Innovation? The rest, of course, is history.

Disruptive Innovation 8

Disruptive Innovation Christensen Levitt Innovation 8

Harvard Business Review

JANUARY 13, 2014

But had they looked at themselves from the point of view of their customers, they would have seen that they were really in the transportation and logistics business and would have better understood the challenge, and the opportunities, represented by the growing airline industry. No, it’s to maximize shareholder value.

Levitt 11

Levitt Christensen Competitive Advantage Welch 11

Harvard Business Review

FEBRUARY 15, 2012

They particularly struggle to handle industry transitions when answers come not from the Microsoft suite of products but from somewhat disorderly discovery in the marketplace. The Christensen doctrine helped Dayton-Hudson create Target, Hewlett-Packard succeed in inkjet printing, and Qantas create its discount JetStar airline.

Innovation 14

Innovation Gilbert Govindarajan Christensen 14

Harvard Business Review

DECEMBER 7, 2018

While progress is clearly being made, as an industry, we still have far to go to consistently deliver on the promise of high-value care through technology and innovation. Research suggests that eliminating unwarranted variations in medical care can reduce the cost of patient management by at least 35 percent.

Cost 8

Cost Health Care Venture Capitalist Christensen 8

Harvard Business Review

JANUARY 3, 2017

“Digital is coming and it’s coming fast”; “No industry sector is immune to disruption”; “One thing is certain about digital transformation: It will be a big change for your entire organization”; “Digital will disrupt your industry.” Consider the management consulting industry.

McCallum 12

McCallum Competitive Advantage Business Model Consultative 12

Harvard Business Review

AUGUST 22, 2011

I had worked for over a decade to develop relationships with Latin American business leaders, several of whom were on Forbes' billionaire list. We typically define disruption as a low-end product or service that eventually upends an industry. The term "disruptive innovation" has become an industry buzzword. STOP IT.".

Disruptive Innovation 16

Disruptive Innovation Christensen Metrics Innovation 16

Harvard Business Review

AUGUST 16, 2011

Clayton Christensen would agree with the intuition that Groupon displays but ignores: businesses should become profitable before they become big. The best way to manage a fledgling business is for managers to be impatient for profit but patient for growth.

Christensen 19

Christensen Fixed Costs Metrics Venture Funding 19

Harvard Business Review

NOVEMBER 13, 2012

But the middle managers who contacted George to give a talk balked at his regular speaking fee, instead treating him like "a silicon chip supplier." While becoming a leader in an industry or geography might involve a dose of luck, it also involves significant skill, determination, and hard work. Just ask Kodak, the U.S.

Christensen 8

Christensen Middle Management Short-term Long-term 8

Harvard Business Review

OCTOBER 17, 2012

To become a complete man or woman, each must develop both sides of the psyche. The Innovator's Dilemma by Clayton Christensen (which is also on John Coleman's list) builds on the notion of a growth mindset more specifically within a business context. With all this learning by doing, setbacks will be inevitable.

Books 12

Books Christensen Ries Disruptive Innovation 12

Harvard Business Review

JANUARY 10, 2013

The pattern that simple, convenient, low-priced solutions would grow from humble beginnings to create and transform industries had not yet been identified. Managers at companies like General Motors, Sears, and Eastman Kodak simply didn't have the tools to spot and respond to would-be disruptors. Today's leaders have no excuse.

Trends 8

Trends Disruptive Innovation Christensen Business Model 8

Harvard Business Review

MARCH 16, 2012

While management often espouses the notion that good ideas can come from everywhere, in practice there are "thinkers" who create strategies and designated "doers" who execute those strategies. Many of you know of Clay Christensen's iconic work the Innovators Dilemma. What could you do together? What would be one way to try it out?

Christensen 16

Christensen Business Model Decentralization Innovation 16

Harvard Business Review

JULY 30, 2014

Organization as machine – this imagery from our industrial past continues to cast a long shadow over the way we think about management today. Managers still assume that stability is the normal state of affairs and change is the unusual state (a point I particularly challenge in The End of Competitive Advantage ).

Six Sigma 8

Six Sigma Drucker P&L Short-term 8

Harvard Business Review

MAY 28, 2015

Organizations develop processes through repeated problem solving. Managers constantly try to fit new market needs to existing processes and routines. One of Christensen’s favorite examples is steel minimills, whose electric arc furnaces used scrap steel as their feedstock. But sometimes you just have to bite the bullet.

Technology 8

Technology Depreciation Christensen Short-term 8

Harvard Business Review

JANUARY 27, 2016

Christensen has even re-entered the fold clarifying what he means when he uses the term. Firing hundreds of employees, upsetting your core business’ distribution partners, writing off billions of dollars of investment — these things are difficult for managers to even contemplate, and with good reason. Professor Clayton M.

Disruptive Innovation 8

Disruptive Innovation Innovation Short-term Long-term 8

Harvard Business Review

NOVEMBER 24, 2017

Strategic stress is characterized by three zones, which executives must consider and effectively manage: Strategic Burnout (too much strategic stress). An example of strategic boredom is illustrated in Clayton Christensen’s famous work on the disk-drive industry.

Strategy 8

Strategy Strategic Planning Stress Hamel 8

Harvard Business Review

MAY 8, 2017

We recruited a panel of expert judges (see the list below), who evaluated the companies through the lens of their own expertise and gauged which transformations were most durable and had the highest impact in their industries. We see an interesting pattern across the professionally managed companies, those whose CEOs were hired by the board.

Franchising 15

Franchising CEO Business Model Strategy 15

Harvard Business Review

JANUARY 26, 2012

An organization's capabilities become its disabilities when disruption is afoot." – Clayton Christensen, The Innovator's Solution. Graham argued that the proliferation of money combined with the decreasing costs to start a business were making the VC job more difficult, prophesying significant changes for the industry.

Disruptive Innovation 14

Disruptive Innovation Hedge Venture Capitalist Venture Funding 14

Harvard Business Review

MARCH 12, 2012

American efforts to jumpstart the development of a cleantech economy have not been wildly successful to date. By focusing on a straightforward insight: truly transformative industrial changes aren't driven by technologies replacing technologies , but by systems replacing systems.

Disruptive Innovation 9

Disruptive Innovation Competitive Advantage Business Model Technology 9

Harvard Business Review

SEPTEMBER 17, 2013

As Clay Christensen and colleagues point out in the latest issue of HBR , the consulting industry is ripe for disruption. In many other cases, however, the shielding of consultants from the responsibility to achieve results is potentially dangerous both to the consultants and to the managers who hire them.

Consultative 8

Consultative Definition Christensen Constraint 8

Harvard Business Review

APRIL 11, 2014

Almost none of their patents would be useful (the tire business was the second most research-intensive industry in the U.S And the Akron Ohio-based bias-ply tire manufacturing industry, which by 1920 had produced more millionaires than Silicon Valley has produced until just recently, essentially vanished. To produce radials, the U.S.

Disruptive Innovation 8

Disruptive Innovation Technology Industry Business Model 8

Harvard Business Review

JULY 11, 2016

These experiences can be tremendously valuable, providing young workers the opportunity to build skills for their resumes and meet people who are working in their preferred industry. Katie, a tech industry executive cautions to “[never] say no to small opportunities because [they don’t] fit your idea of work.”

Critical Success Factor 8

Critical Success Factor Ryan Christensen Advice 8

Harvard Business Review

OCTOBER 1, 2012

They're bad at innovation by design: All the pressures and processes that drive them toward a profitable, efficient operation tend to get in the way of developing the innovations that can actually transform the business. However, in the process of unleashing this potential, leaders must make sure their innovators develop sustainability.

Innovation 15

Innovation Company ROI Disruptive Innovation 15

Harvard Business Review

APRIL 25, 2016

It’s even become a noun of sorts — uberization — which people use to describe a disruptive change to a staid industry ripe for innovation (though, to be sure, the popularization of the word “disruptive” means that it is often used in ways that the concept’s author , Clay Christensen, didn’t intend).

Organization 8

Organization Airlines Constraint Power 8

Harvard Business Review

MARCH 23, 2012

For example, I'm sure that most innovation practitioners wouldn't put baseball researcher Bill James on their list, but his mission to find patterns, develop theories, and overturn orthodoxy has greatly influenced my own thinking. After all, Lafley's bent is to manage innovation in a systematic, disciplined way. Stefan Lindegaard.

Innovation 14

Innovation Ries Mauborgne Open-book 14

Harvard Business Review

APRIL 30, 2014

If it’s the former, that question you raised will be carefully considered and may trigger ongoing discussion — and possibly action — by the company’s managers and leaders. Questioning is also seen by many business leaders as “inefficient,” according to the author and Harvard Business School professor Clayton Christensen.

Company 11

Company Ries Christensen Innovation 11

Harvard Business Review

AUGUST 6, 2013

That''s partly because, as Clayton Christensen, Stephen Kaufman, and Willy Shih wrote in the 2008 HBR article "Innovation Killers," standard financial metrics make new investments look much less attractive than existing business lines. That''s happening across the industry as papers change hands. The Washington Post operated at a 9.2%

Advertising 8

Advertising Christensen Media Disruptive Innovation 8

Harvard Business Review

JANUARY 3, 2014

Our organization focuses mainly on plugging the ‘skills gap’: we identify, train, and place underprivileged youths in emerging industries like the hospitality sector. Some may have short onboarding programs for new employees; at best some multinational companies will budget similar training budgets as in their developed market businesses.

Training 8

Training Company Metrics Real Estate 8

Harvard Business Review

DECEMBER 29, 2010

I've also had the chance to experience the world of venture capital investing through the small fund that our team in Singapore manages on behalf of the Singapore government. Companies in industries with fraying barriers to entry need to think about shifting their focus from fighting upstarts to working with them.

Innovation 15

Innovation Venture Capitalist Entrepreneur Gilbert 15

Harvard Business Review

MARCH 25, 2016

Most large companies seem to have lost the taste for entrepreneurship, their CEOs preferring to focus on using technology to maximize profit from existing businesses, as Clayton Christensen and others have shown, or not to invest at all. Managing the transition. There are indications that this is happening.

Drucker 8

Drucker Long-term Short-term Christensen 8

Harvard Business Review

OCTOBER 19, 2012

Eight years ago I published a book, The Medici Effect , that examines how and why groundbreaking ideas occur at the intersection of different cultures, industries, and disciplines. The obvious targets were people in the field of innovation — those working in strategy, R&D, business development, and entrepreneurship.

Succession 17

Succession Diversity Open-book Innovation 17

Harvard Business Review

MAY 15, 2013

For Apple, the iPhone and iPad were unquestionably strategic surprises explicitly intended to disrupt established industries and disorient entrenched competitors. After initially dismissing tablets as inferior to laptops, Microsoft surprised a number of its partners and developers by introducing Surface. Surprise is about expectations.

Innovation 8

Innovation Christensen Brand Globalization 8

Harvard Business Review

MARCH 21, 2014

There is little doubt that new technologies have taken a heavy toll on less educated workers not only in manufacturing industries, but also in routine white-collar jobs. Managers need to understand the role of technological maturity, the value of experience, and how employees’ technical skills develop under different business models.

Education 8

Education Technology Business Model Maturity 8

Harvard Business Review

SEPTEMBER 11, 2015

Over the past six years, we have put in place a 30-person consulting team at EMC Information Infrastructure (EMC II) using a model we have found to be successful, winning projects away from external management consulting firms at a fraction of the cost, and with great “client” (that is to say, EMC) satisfaction. Win on merit.

Consultative 8

Consultative Team How To McKinsey 8

Harvard Business Review

FEBRUARY 7, 2013

Apple gets mobile apps from independent software developers. And Indian mobile phone provider Bharti Airtel uses IBM to manage its computer systems and Ericsson to operate its cell tower infrastructure. The second is increased risk of coordination and integration, such as managing service level agreements and handoffs.

Organization 8

Organization Supply Chain Team Outsourcing 8