Strategy Driven

JUNE 29, 2016

How do organizations achieve longevity, the kind of longevity that survives long past the founder or any particular leader or leadership team? It is fashionable today to have management committees, at various organizational levels, working as teams. Teams can be entrepreneurial, but they first need to function effectively as a team.

Supply Chain 52

Supply Chain Real Estate Resistance Competitive Advantage 52

Mills Scofield

APRIL 15, 2012

That’s why we see so many good ideas either not make it to market or not for long. Most organizations think of innovation in terms of creating value: products, services and experiences. ” Clayton Christensen , an advisor to BIF, taught us that customers are hiring companies to “do a job” for them.

Kaplan 151

Kaplan Business Model Levitt Christensen 151

Harvard Business Review

SEPTEMBER 4, 2017

Disruption is a systemic problem: Clayton Christensen outlined in 1997 why it was so difficult for any individual business to defuse disruptive threats and embrace disruptive trends. They’ve read Christensen’s book The Innovator’s Dilemma. For the everyday student of business history, this might be unsurprising.

Christensen 8

Christensen Finance Innovation B2B 8

Harvard Business Review

JUNE 28, 2018

Consistent with these famous case studies, scientific research shows that creativity and innovation can be enhanced by reducing team harmony. Likewise, a review of theoretical and quantitative studies showed that teams are often more creative when they have fewer rather than more resources (for example, time, money, and people).

Creativity 13

Creativity Team Christensen Innovation 13

Deming Institute

JANUARY 19, 2017

In Clayton Christensen’s new book, Competing Against Luck , the authors delve into the importance of gaining a deep understanding of what your customers desire. When we buy a product, we essentially “hire” it to help us do a job. The book lays out a Theory of Jobs to be Done in a very compelling way.

Deming 28

Deming Christensen System Innovation 28

Harvard Business Review

DECEMBER 17, 2012

For Clayton Christensen, this is a basic flaw of incumbency. Successful firms have an established customer base, most of whom are satisfied with the products they are purchasing. Unfortunately, however, customers for firms serving the mass market, by definition, have largely of middle-of-the-road needs. It didn't work.

Christensen 8

Christensen Disruptive Innovation Mass Marketing Wireless 8

Harvard Business Review

DECEMBER 10, 2015

Many of us are familiar with the hazards of Groupthink - when teams or organizations operate on autopilot and feel a general false sense of invulnerability. In some rare cases, individuals are able to push back against team consensus and help organizations recognize and proactively respond to changes in the competitive landscape.

Groupthink 8

Groupthink Team Consensus Christensen 8

Harvard Business Review

OCTOBER 24, 2011

That book is The Innovator's Dilemma by HBS Professor Clay Christensen. That was to let profitability outweigh passion: "My passion has been to build an enduring company where people were motivated to make great products. The products, not the profits, were the motivation. Scores of products were killed stone dead.

Innovation 15

Innovation Christensen CFO Productivity 15

Harvard Business Review

JUNE 7, 2012

Most of the funds in which Kauffman invested failed to beat public market indices, despite the higher-risk nature of their work. Barriers to entry are decreasing and disruptive entrants are surging, a recipe that both Michael Porter and Clayton Christensen could agree augurs poorly for industry returns.

Venture Capitalist 15

Venture Capitalist Christensen Incubator Porter 15

Harvard Business Review

JUNE 7, 2012

Most of the funds in which Kauffman invested failed to beat public market indices, despite the higher-risk nature of their work. Barriers to entry are decreasing and disruptive entrants are surging, a recipe that both Michael Porter and Clayton Christensen could agree augurs poorly for industry returns.

Venture Capitalist 13

Venture Capitalist Christensen Incubator Porter 13

Harvard Business Review

OCTOBER 1, 2012

So how do you empower your corporate innovators to bring their ideas to market? In his seminal work, The Innovator's Dilemma , Clayton Christensen made the point that for disruptive innovations to be pursued effectively, they require autonomous business units. He was completely right. Would Gerber own today's V8?

Innovation 15

Innovation Company ROI Disruptive Innovation 15

Harvard Business Review

DECEMBER 10, 2010

These days, you're as likely to see "innovative" on any given job description as you are to see "strong communication skills" or "team player." Jeffrey Dyer, Hal Gregersen, and Clayton Christensen identify five "discovery skills" that make for innovative mindsets: associating, questioning, observing, experimenting, and networking.

Innovation 15

Innovation Chief Operating Officer Christensen Objective 15

Harvard Business Review

JANUARY 3, 2017

Given these network effects – as many proclaim – markets get “winner takes all properties”: the largest network will win, crowding out the remaining competitors (like MySpace and Google+). It is a misconception to think that network effects inevitably and always lead to a winner-take-all market.

McCallum 13

McCallum Competitive Advantage Business Model Consultative 13

Harvard Business Review

MAY 12, 2011

This Monday, I was in Mumbai conducting market research with a project team. The front of the pharmacy was bursting with Procter & Gamble products, with brands such as Always, Pampers, and Gillette visibly displayed. The moment when someone is choosing, purchasing, or using a product can be a great vehicle for learning.

Innovation 15

Innovation Licensing Christensen Learning-by-Doing 15

Harvard Business Review

OCTOBER 2, 2014

As Steve Blank, Clay Christensen, and many others have pointed out, once firms reach a certain size, most of their resources (and investment dollars) are rightly devoted to executing and defending their existing business model. product vs. operational) and referenced the same stages (e.g. It’s not easy for big companies to innovate.

Innovation 9

Innovation Metrics Christensen Workshop 9

Harvard Business Review

JUNE 12, 2013

Her confession was blurted out in the midst of our first conversation about the new digital marketing strategy which we would eventually advise them on: "You know, I don''t think I believe in segmentation anymore." In others, marketers were still adamant that segmentation was the only way to go, but couldn''t explain its benefits.

Ramaswamy 8

Ramaswamy Levitt Prahalad Christensen 8

Harvard Business Review

APRIL 30, 2014

Questioning is also seen by many business leaders as “inefficient,” according to the author and Harvard Business School professor Clayton Christensen. This requires a leadership team and work force that is always trying to ask the questions that can light up the big honking issues.”. So why open the floodgates?

Company 11

Company Ries Christensen Innovation 11

Harvard Business Review

MARCH 25, 2016

Production capital took the lead over financial capital and real value over paper value, as Carlota Perez has so well demonstrated in her book Technological Revolutions and Financial Capital. New business models and value propositions are being developed by global teams using web-based tools and communication methods.

Drucker 8

Drucker Long-term Short-term Christensen 8

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. Of course with some types of consulting – where the explicit contract is to produce a technical product or system – it may be perfectly appropriate.

Consultative 8

Consultative Definition Christensen Constraint 8

Harvard Business Review

APRIL 26, 2011

And some superstars have very innovation-friendly experience, such as launching a new product, opening up an office in an emerging market, or operating in a constrained environment. Send the team to school. It is always worth asking whether you have really created a team whose capabilities align with the task at hand.

Sports 14

Sports Christensen Innovation Class 14

Harvard Business Review

FEBRUARY 14, 2012

It's not to create more jargon, it's to emphasize a point: that social is more than the stuff the marketing team deals with. Fifteen years ago, The Cluetrain Manifesto taught us that markets are conversations and that was a great starting point. Mass markets were a convenient fiction created by mass media.

Banking 16

Banking Business Model Supply Chain Mass Marketing 16

Harvard Business Review

OCTOBER 10, 2011

It's apparently a belief shared by many stock market analysts, who often extrapolate future earnings on the basis of historical results. South Korea-based conglomerate Samsung, for example, has a history of making large bets on technologies as they emerge and then dominating the market.

Strategy 9

Strategy Christensen Technology Long-term 9

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

MAY 8, 2017

In a study of S&P 500 and Global 500 firms, our team found that those leading the most successful transformations, creating new offerings and business models to push into new growth markets, share common characteristics and strategies. How successful has the company been at creating new products, services, and business models?

Franchising 15

Franchising CEO Business Model Strategy 15

Harvard Business Review

FEBRUARY 25, 2014

The most important way to mitigate risk is to become excellent at either engineering, product, selling, or operations and management. While developing expertise is the most certain way to reduce entrepreneurial risk, many other strategies exist: Process — Using the right processes to deal with market uncertainty (e.g.

Career 8

Career Company IPO Christensen 8

Harvard Business Review

DECEMBER 27, 2010

new product, distribution channel, marketing approach). An innovation that transforms a market or creates a new one through simplicity, convenience, affordability or accessibility. What is the best way to disrupt a market? How should I form and manage innovation teams? How do I spot opportunities for innovation?

Innovation 16

Innovation Govindarajan Disruptive Innovation Business Model 16

Harvard Business Review

JUNE 10, 2014

One representative example: April’s Education Innovation Summit , where more than 2,000 people energetically discussed how technology and markets are charting the future of education globally. The transformation in education technology and markets is happening with the business leaders and money-men of higher education barely present.

Real Estate 8

Real Estate Education Disruptive Innovation Asset Management 8

N2Growth Blog

JANUARY 13, 2011

This is great way to stifle innovation without exploring extensions to existing product lines. Disruptive innovation is rarely raw genius that bubbles-up, but rather the culmination of several things: a sound idea, vetted through great process, refined by innovative application and brought to market by outstanding leadership.

Blog 373

Blog Innovation Strategic Planning Brand 373

Harvard Business Review

MAY 30, 2013

Previously, he launched Hulu.com from inside of NBC, and was on the founding team of MLB Advanced Media, the five billion dollar digital media company collectively owned by the Major League Baseball team owners. A good management team will be dedicated to creating product market fit, otherwise the business will flounder.

Company 9

Company Ries Maturity Innovation 9

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. Our favorite way to think of this is in terms of what Clay Christensen has famously called the “ job-to-be-done.

Innovation 8

Innovation Business Model Uncertainty Advertising 8

Harvard Business Review

SEPTEMBER 20, 2013

For example, a product evaluating nonprofit organizations may be highly useful to a wealth manager seeking to help his client to select a charity as part of a value-added tax efficiency service. Implement the test programs with defined roles and responsibilities for the Test Program Owner, as well as the execution team.

Execution 8

Execution Metrics Content Christensen 8

Harvard Business Review

FEBRUARY 7, 2013

That's essential to tweaking products and marketing campaigns — or overhauling them when necessary. How can you organize a fragmented team of internal and external people to improve the customer experience, rather than optimize each party's objectives? Create an online community for your process team.

Organization 8

Organization Supply Chain Team Outsourcing 8

Harvard Business Review

JUNE 21, 2017

It was an unusually complex problem, so the firm set up a team of crack microchip designers, and they started putting their heads together. About 45 minutes into their first working session, the marine biologist assigned to their team walked in with a bag of clams and set them on the table. Related Video.

Innovation 22

Innovation Disruptive Innovation Christensen Open-book 22

Harvard Business Review

OCTOBER 11, 2013

When I suggested to Clayton Christensen that we partner with Hatkoff to create the Tribeca Disruptive Innovation Awards , Clay’s response was : I trust you Whitney. The ability to jump to a new vision or product or job almost always requires that those around us, our fellow stakeholders, also leap to a new curve of learning.

Innovation 11

Innovation Christensen Decisionmaking CTO 11

Harvard Business Review

DECEMBER 31, 2012

Their marketing departments. R&D and product development launch products that receive tepid responses. Marketing promotions don't resonate and can't be tied to measurable results. In particular, getting customers to market and sell for you. Or to provide a product review on any site important to your market.

CEO 8

CEO Airlines Marketing Software 8

Harvard Business Review

AUGUST 13, 2014

Now, he writes, were in the midst of another technological shift, in which more and more of the worlds news and entertainment are delivered via social networks to mobile devices  and Buzzfeed and its 100+ person tech team are all over it. BuzzFeed takes the internet and computer science seriously..

Technology 8

Technology Company Venture Capitalist Media 8

Harvard Business Review

SEPTEMBER 10, 2015

Holacracy was supposed to revitalize the online shoe store’s culture and its reputation as a fun place to work, but the ever-expanding circles of responsibility that have emerged within the company and the resultant endless meetings are becoming a drain on productivity. The pace of change must also be deliberate and well-orchestrated.

Proposal 8

Proposal Self-aware Engineering CEO 8