The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail
| Author | : | |
| Rating | : | 4.20 (855 Votes) |
| Asin | : | B0010BA7WO |
| Format Type | : | |
| Number of Pages | : | 326 Pages |
| Publish Date | : | 2014-12-19 |
| Language | : | English |
DESCRIPTION:
despite having good managers, because they fail to find the new The Innovator’s Dilemma is an interesting work written by Clayton M. Christensen in 1997. The book seeks to explain why certain businesses are successful in their ventures and why other firms fail in response to new technologies. Christensen tries to explain. Donald A. Gooding said Essential to understanding innovation. I've been involved in innovation most of my career, and now wish I'd read this book much earlier. The simple but powerful thesis of the book is backed up by data and case studies from disparate industries. Like many business books it is a bit repetitive at the end. "A thorough work that backs up its ideas with numerous examples" according to Treb Orf. The dilemma laid out in this book, the management challenges it provokes and the various responses by organizations are well laid out and thought provoking.It could use an update where Tesla both validates some of the hypotheses in the section on electric vehicles
Christensen explains how to avoid a similar fate. Citing examples from many industries (computers, retailing, pharmaceuticals, automobiles, steel), Clayton M. Great companies can fail—not because they do anything wrong, but because they do everything right. Meeting customers' current needs leads firms to reject breakthrough innovations—"disruptive technologies" that create the products and opportunities of the future.Radical thinking…and a wake-up call. He presents strategies for determining when not to listen to customers, when to pursue small markets at the expense of larger ones, and other ways to ensure long-term growth and profit. This award-winning book shows managers the changes that may be coming—and how to respond for success.
Highly recommended. At the heart of The Innovator's Dilemma is how a successful company with established products keeps from being pushed aside by newer, cheaper products that will, over time, get better and become a serious threat. Edwards. What do the Honda Supercub, Intel's 8088 processor, and hydraulic excavators have in common? They are all examples of disruptive technologies that helped to redefine the competitive landscape of their respective markets. Christensen shows how these and other products cut into the low end of the marketplace and eventually evolved to displace high-end competitors and their reigning technologies. These products did not come about as the result of successful companies carrying out sound business practices in established markets. --Harry C. Christensen writes that even the best-managed companies, in spite of their attention to customers and continual investment in new technology, are susceptib