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. Bower “ Disruptive Technologies: Catching the Wave ” introduced the idea of disruption to the mainstream market. One yes bears watching; two yeses is a standup moment.

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Disruptive Innovation Christensen Levitt Innovation 8

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.” No, it’s to maximize shareholder value. And short-term numbers at that.

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Levitt Christensen Competitive Advantage Welch 11

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

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.

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Innovation Disruptive Innovation Christensen Kahneman 15

Harvard Business Review

AUGUST 22, 2011

By Jeff Dyer, Hal Gregersen, and Clay Christensen. Alongside Clay Christensen, Jeff Dyer and Hal Gregersen conducted an in-depth study that uncovered the five skills shared by the best innovators in the world. Winning the War for Talent in Emerging Markets: Why Women are the Solution. By Sylvia Ann Hewlett and Ripa Rashid.

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Kaplan Christensen Books Disruptive Innovation 11

Harvard Business Review

NOVEMBER 5, 2012

For me and many other physicians, reading " Will Disruptive Innovations Cure Health Care " by Clayton Christensen, Richard Bohmer, and John Kenagy in the September-October 2000 issue of Harvard Business Review was like having a light turned on. It was like World War I trench warfare, where a 1% shift in market share was a big deal.

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Disruptive Innovation Health Care Innovation Christensen 14

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 12

Venture Capitalist Christensen Incubator Porter 12

Harvard Business Review

JULY 22, 2011

To appreciate the truth of this claim, it's vital to understand one of Clayton Christensen's theories on marketing and product development: Jobs-to-be-done. But this is the nature of what Professor Christensen calls low-end disruption. Now, a decade later, enter Spotify (at least, enter the U.S.

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Christensen Disruptive Innovation Price Business Model 16

Harvard Business Review

MARCH 7, 2013

Both articles espoused slightly new definitions of disruption, expanding the categorization of the world that Clay Christensen introduced us to more than 20 years ago. If integrated steel mills had built mini-mills to compete with their disruptors, their margins would have been compressed as they fought for share at the bottom of the market.

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Christensen Disruptive Innovation Innovation Bottom-up 8

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).

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Organization Airlines Constraint Power 8

Harvard Business Review

DECEMBER 25, 2013

health care market more than a decade ago, they were greeted with high expectations. Nonetheless, their performance has been disappointing: Their growth has been less than expected, they have not expanded care to underserved markets (namely, the poor), and their impact on health care spending — helping to lower it — remains unclear.

Health Care 8

Health Care Retail Disruptive Innovation Market Segmentation 8

Harvard Business Review

JANUARY 23, 2015

In addition to what a company is paid for, “these assumptions are about markets. That could be by offering a better business model — but it can also be by offering the same business model to a different market. Introducing a better business model into an existing market is the definition of a disruptive innovation.

Business Model 8

Business Model Drucker Christensen P&L 8

Harvard Business Review

MARCH 2, 2011

Regulations and reimbursement systems currently trap in high-cost venues much care that could be provided in lower-cost, more convenient business models. Because the high end of most markets is where the most attractive profits are made, serving the most profitable customers. xlv-xlvi by Clayton Christensen, Jerome Grossman M.D.,

Health Care 14

Health Care Disruptive Innovation Christensen Business Model 14

Harvard Business Review

MAY 28, 2015

Managers constantly try to fit new market needs to existing processes and routines. Even General Motors, which had a bird’s eye view of the Toyota Production System from its joint venture with Toyota at New United Motors Manufacturing Inc. This reduced the entry barriers in the market, which was then flooded with product.

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. Whether a company is saddled with fixed infrastructure, highly trained specialist employees, or an outmoded distribution system, quickly adapting to new environments is challenging when one or all of those things becomes obsolete.

Disruptive Innovation 8

Disruptive Innovation Innovation Short-term Long-term 8

Harvard Business Review

MAY 19, 2014

This approach to entrepreneurship increases your market knowledge: as a potential user, you know the problem, how you’re currently trying to solve it, and what dimensions of performance matter. And you can use this knowledge to avoid much of the market risk in building a new product.

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Entrepreneur Advice Disruptive Innovation CRM 9

Harvard Business Review

SEPTEMBER 12, 2013

But there are further reasons for optimism, and lessons for companies looking to understand the power of indigenous entrepreneurs in emerging markets. the absence of market intermediaries or inefficient contract enforcement mechanisms). Navigate the market’s voids or try to fill them/.

Entrepreneur 8

Entrepreneur Disruptive Innovation Politics Christensen 8

Harvard Business Review

SEPTEMBER 12, 2013

But there are further reasons for optimism, and lessons for companies looking to understand the power of indigenous entrepreneurs in emerging markets. In their research on " Winning in Emerging Markets ", Harvard professors Tarun Khanna and Krishna Palepu theorize that emerging economies have unique combinations of institutional voids (e.g.

Entrepreneur 8

Entrepreneur Disruptive Innovation Politics Christensen 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.

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McCallum Competitive Advantage Business Model Consultative 12

Harvard Business Review

DECEMBER 29, 2010

Chinese companies like BYD are well positioned to lead the electrical vehicle market. And India's nation of entrepreneurs is driving change in market after market. In particular, watch for markets that historically were inhospitable to entrepreneurs. But Eastern companies and entrepreneurs are gaining traction.

Innovation 15

Innovation Venture Capitalist Entrepreneur Gilbert 15

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. There are lessons here for giant corporations and the stock markets they trade on. laura schneider FOR HBR.

Drucker 8

Drucker Long-term Short-term Christensen 8

Harvard Business Review

AUGUST 23, 2011

Clayton Christensen's theories of innovation provide us a great lens through which we can understand this seeming paradox. When trying to build new growth businesses, Christensen observes that organizations need to employ an emergent strategy-making process. However, it will not succeed here.

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GDP Christensen Disruptive Innovation Business Model 12

Harvard Business Review

MARCH 12, 2012

Making big bets on emerging technologies and uncertain markets is never a straightforward proposition; doing so in direct competition with much bigger and more sustained Chinese bets is downright suicidal. How can the United States achieve a better record in the future? The ARPA-E program is a great first step in this direction.

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Disruptive Innovation Competitive Advantage Business Model Technology 9

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? Innovation is more than whiz-bang technology; consider different strategic intents (e.g.,

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Innovation Govindarajan Disruptive Innovation Business Model 16

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. Within that structure, questioning by employees can be perceived as a challenge to authority. So why open the floodgates? Questioning should be rewarded (or at least, not punished).

Company 11

Company Ries Christensen Innovation 11

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. And this brings me back again to the definition of consulting.

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Consultative Definition Christensen Constraint 8

Harvard Business Review

FEBRUARY 29, 2012

Our calendars get out of sink with the solar system so we must periodically get our human calendars back on track with the celestial ones. But the Kodak ship ultimately drifted so far away from a changing market that no leap year could save it. We all know why leap years exist, right? Not a bad metaphor for work, life, and leadership.

Leadership 13

Leadership Christensen Innovation Metrics 13

Harvard Business Review

MAY 2, 2017

Clay Christensen's landmark theory -- in under two minutes. There were no processes and systems in place to integrate the outpost team with the company HQ and the rest of the organization. As an analogy, think of sales and marketing and the rise of CRM. Related Video. The Explainer: Disruptive Innovation.

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Innovation Social Capital CRM Tacit Knowledge 9

Harvard Business Review

JANUARY 12, 2012

At any given point in time, the market will find equilibrium. Beginning with gathering basic resources and ending with delivering goods to customers, markets and businesses will optimize the value chain in order to deliver goods and services to consumers at optimal levels. One way to do this is to look for "break technologies.".

Technology 14

Technology Retail Supply Chain Business Model 14

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. There are many reasons for African companies to step back in 2014 and rethink their training approach: The current system is broken.

Training 8

Training Company Metrics Real Estate 8

Harvard Business Review

APRIL 11, 2014

And they’d all seen radial tires take over the European market. market in the first 18 months after their introduction. This is perhaps the most important criterion, since it’s relatively easy for incumbents to use their market power to bar start-ups from established distribution systems. Goodrich, and General Tire).

Disruptive Innovation 8

Disruptive Innovation Technology Industry Business Model 8

Harvard Business Review

MAY 15, 2012

There's a case to be made that the American political system is suffering at present because empathy has been almost entirely exorcised from within its walls. The potential upside for those in business who are able to be empathetic is huge, and is eloquently described in Professor Clay Christensen's jobs-to-be-done theory.

Christensen 14

Christensen Class Analysis Politics 14

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

Harvard Business Review

SEPTEMBER 20, 2011

It is Clayton Christensen 's innovator's dilemma incarnate, and Netflix is very publicly trying to solve it. It notes, "Sometimes long-term simplicity is achieved only through bursts of complexity to rework current systems." The DVD business will now go by the name Qwikster, and the streaming business will stay under the Netflix brand.

Disruptive Innovation 13

Disruptive Innovation Innovation Long-term Christensen 13

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.

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Groupthink Team Consensus Christensen 8

N2Growth Blog

JANUARY 13, 2011

Integrated : Ideas need to be incorporated into strategic initiatives and not constitute disparate systems. 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.

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Blog Innovation Strategic Planning Brand 413

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. Clay Christensen , Professor at Harvard Business School and Innosight co-founder.

Franchising 15

Franchising CEO Business Model Strategy 15