Harvard Business Review

NOVEMBER 10, 2011

The most punishing innovations, they argued, were the ones that were easy to dismiss at first blush — simple, affordable solutions that took root outside the mainstream market. Of course, that young HBS professor was Innosight co-founder Clayton Christensen. Capital markets is one explanation.

Innovation 15

Innovation Disruptive Innovation Christensen Kahneman 15

Harvard Business Review

JANUARY 27, 2016

Much fanfare has been paid to the term “disruptive innovation” over the past few years. Christensen has even re-entered the fold clarifying what he means when he uses the term. Historically, the place we’ve looked for hints of oncoming disruptions has been in the low end of the market.

Disruptive Innovation 8

Disruptive Innovation Innovation Short-term Long-term 8

Harvard Business Review

AUGUST 22, 2011

The term "disruptive innovation" has become an industry buzzword. We all want to start a disruptive company or invest in disruptive ventures, but in reality an innovation that takes place at the low-end of the market or where there is no market (yet) is just not that sexy. These require different metrics of success.

Disruptive Innovation 16

Disruptive Innovation Christensen Metrics Innovation 16

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

OCTOBER 26, 2012

The crisis exposed the fallacies of measuring success in monetary terms and left many leaders with a deep feeling of unease that they were being pulled away from what I call their True North. As markets rose and bonus pools grew, it was all too easy to celebrate the rising tide of wealth without examining the process that created it.

Christensen 14

Christensen Self-aware Short-term Long-term 14

Harvard Business Review

AUGUST 16, 2017

Musk himself is ambivalent about the term. Investors and lenders are betting on the company’s long-term potential to dominate a future that may feature autonomous vehicles, sustainable energy consumption, and the ability to upgrade easily as both hardware and software evolve. ’” he said recently. The answer matters.

Supply Chain 11

Supply Chain Automotive Disruptive Innovation Transportation 11

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

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 12

McCallum Competitive Advantage Business Model Consultative 12

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

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. There are lessons here for giant corporations and the stock markets they trade on.

Drucker 8

Drucker Long-term Short-term Christensen 8

Harvard Business Review

DECEMBER 29, 2010

Chinese companies like BYD are well positioned to lead the electrical vehicle market. Singapore is positioning itself as the global exchange, where West meets East and where India and China are both reachable via relatively short direct flights. And India's nation of entrepreneurs is driving change in market after market.

Innovation 15

Innovation Venture Capitalist Entrepreneur Gilbert 15

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

JANUARY 3, 2014

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. Many emerging markets in Africa fall into this ‘not-good-enough’ category. A good training strategy is a competitive advantage.

Training 8

Training Company Metrics Real Estate 8

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

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

DECEMBER 10, 2015

And as Clayton Christensen described in The Innovator’s Dilemma , it can be very difficult for management teams and their organizations to acknowledge that the paradigm around them has changed, and instead of responding in an adaptive manner, too many organizations redouble their investments in legacy business models or technologies.

Groupthink 8

Groupthink Team Consensus Christensen 8

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

Very importantly, they were able to avoid costly technology and implementation programs that would have surely fell short of usage and revenue expectations. Sometimes the revenue may be small in absolute terms, but the data capability may be complementary to your current, core business. Do you decide to stop? Well, it depends.

Execution 8

Execution Metrics Content Christensen 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. More recently, Christensen has acknowledged that perhaps Apple, the most valuable publicly traded company in the world, achieved the task.

Christensen 12

Christensen Retail Long-term Incubator 12

Harvard Business Review

JUNE 23, 2015

Problems can range from entering new markets to addressing everyday concerns such as low employee engagement. The essence of Clayton Christensen’s famous Innovator’s Dilemma is that companies privilege investments to sustain today’s business over those that have the potential to create tomorrow’s business.

Innovation 8

Innovation Company Six Sigma Constraint 8

Harvard Business Review

NOVEMBER 28, 2012

And he sees little reason to expect Congress to pass a long-term solution to the fiscal cliff; instead, he thinks an "irresponsible," short-term "band-aid" solution. And Clay Christensen talked about the increasing pace of disruption across all sectors. And concern about political gridlock is not just confined to the US.

Politics 8

Politics CEO Health Care Short-term 8