Harvard Business Review

SEPTEMBER 12, 2012

Corporations should have early warning systems to detect emerging competitive threats that have long-term potential to affect their business. The work of two of the most important scholars in the field, Clayton Christensen and Richard N. becomes mainstream just a few short years later.

System 15

System Christensen Disruptive Innovation Telecommunications 15

Harvard Business Review

JANUARY 13, 2014

In 1960, marketing legend Ted Levitt provided perhaps his seminal contribution to the Harvard Business Review : “ Marketing Myopia.” As Clayton Christensen likes to note , the primary job of leadership today is to “source, assemble, and ship numbers.” And short-term numbers at that.

Levitt 11

Levitt Christensen Competitive Advantage Welch 11

Harvard Business Review

AUGUST 22, 2011

Or as thought leader Jennifer Sertl writes, "innovation ultimately begins on the inside.". The term "disruptive innovation" has become an industry buzzword. Hence, the Innovator's Dilemma: whether you innovate or not, you risk downward mobility. Be assured that you have no idea what will come next.

Disruptive Innovation 16

Disruptive Innovation Christensen Metrics Innovation 16

Harvard Business Review

JANUARY 8, 2015

But it’s familiar territory to innovators, who’ve spent decades wrestling with the problem of how to manage uncertainty when there is little to guide them in getting their new offering to a new audience or market. Trap 1: Replicating What You Did Before. Trap 2: Build It and They Will Come.

Innovation 8

Innovation Business Model Uncertainty Advertising 8

Harvard Business Review

AUGUST 16, 2017

There’s little argument that Tesla is a wildly innovative company. Musk himself is ambivalent about the term. Tesla clearly doesn’t qualify under the traditional definition of a disruptive innovation. Tesla is also not comparable to Netflix, another frequently-cited example of a disruptive innovator.

Supply Chain 11

Supply Chain Automotive Disruptive Innovation Transportation 11

Harvard Business Review

JUNE 5, 2014

John Maynard Keynes very famously proposed that the actions of rational agents in a market were akin to a fictional newspaper contest , where entrants were asked to pick who, out of a set of six women, was most beautiful. In terms of the real world of building businesses and creating value, basically, HFTs don’t matter.

Finance 10

Finance Short-term Long-term Christensen 10

Harvard Business Review

MARCH 25, 2016

Over the major innovation cycles, the capitalist system has been resilient enough to absorb the effects of the crashes caused by pure speculation and turn them to its advantage. Some prominent economists predict a new period of secular stagnation as the last great phase of innovation-fueled growth (as they see it) dries up.

Drucker 8

Drucker Long-term Short-term Christensen 8

Harvard Business Review

NOVEMBER 13, 2012

This unnamed company had been the gorilla of its market for the past two decades and had gotten used to throwing its weight around, particularly with suppliers that wanted both the positive reputation effects and the volume that came from serving a market leader. There's nothing wrong with a company being proud of its accomplishments.

Christensen 8

Christensen Middle Management Short-term Long-term 8

Harvard Business Review

MAY 28, 2015

Managers constantly try to fit new market needs to existing processes and routines. And then the innovators improve the technology steadily over time, allowing it to serve more and more of the overall market, which causes great trauma for incumbents who stuck to their legacy ways of doing things. Our survival depended upon it.

Technology 8

Technology Depreciation Christensen Short-term 8

Harvard Business Review

APRIL 11, 2014

And they’d all seen radial tires take over the European market. But even though radial tires were far superior to bias tires in terms of durability, cost per mile, and safety – and could be sold for an attractively higher price — they presented a challenge to U.S. Long story short, Michelin took over 50% of the entire tire U.S.

Disruptive Innovation 8

Disruptive Innovation Technology Industry Business Model 8

Harvard Business Review

FEBRUARY 10, 2011

The short conference brought together public and private sector managers working on environmental and social issues. Xerox advises companies on how to save money on document handling, and holds a sizable 48 percent market share in the broadly defined, and surprisingly large, $7.78

Productivity 15

Productivity Products Christensen Document 15

Harvard Business Review

MARCH 23, 2016

By contrast, disruption, and particularly demand-side disruption of the type put forward by Clay Christensen, is a force that relies on a steady process of picking off one customer at a time. Instead, they lost the market one customer at a time as people found alternatives in the form of digital photography. How did it do this?

Film 8

Film Christensen Short-term Software 8

Harvard Business Review

DECEMBER 10, 2015

These dynamics make it hard for teams to recognize or to be fully cognizant of new disruptive challenges, while also stifling the creative innovation that is necessary to proactively confront such challenges. We are rewarding and punishing (or at least withholding rewards for) the wrong things in our organization.

Groupthink 8

Groupthink Team Consensus Christensen 8

Harvard Business Review

SEPTEMBER 20, 2013

Content Innovation. Very importantly, they were able to avoid costly technology and implementation programs that would have surely fell short of usage and revenue expectations. The innovation consulting firm Innosight often refers to “$50 million in 5 years” as a reasonable target for a brand new business. Do you decide to stop?

Execution 8

Execution Metrics Content Christensen 8

Harvard Business Review

JUNE 23, 2015

The executive team of a consumer healthcare company had concluded that the rise of new competitors meant the company needed to up its innovation game. A creativity consultant said to signal that it was a new era in the organization, all of the top executives should dress up as innovation superheroes. The problem was clear.

Innovation 8

Innovation Company Six Sigma Constraint 8

Harvard Business Review

OCTOBER 27, 2011

On Tuesday, Amazon.com reported third-quarter earnings that fell far short of Wall Street's expectations. Kindle Fire Tablet — a new market disruption enabled by business model innovation. You have to be willing to think long-term. You typically don't get misunderstood for sustaining innovation.".

Christensen 12

Christensen Retail Long-term Incubator 12