BBS Newsletter 47: The Innovators Dilemma
Dr. Frumi Rachel Barr
Dean, Barr Business School – MIni MBA for Leaders and Entrepreneurs | Fractional Chief Strategy/Scaling Officer | Team Coach | Author | Learning + Experience = Wisdom.
The Innovators Dilemma: When New Technologies Cause Great Firms to Fail by Clayton Christensen
Authors’ big thought: The author asks the question: Why do well-managed companies fail? He concludes that they often fail because the very management practices that have allowed them to become industry leaders also make it extremely difficult for them to develop disruptive technologies that ultimately steal their markets.
Well-managed companies are excellent at developing the sustaining technologies that improve the performance of their products in the ways that matter to their customers.
This book describes both the processes through which disruptive technologies supplant older technologies and the powerful forces within well-managed companies that make them unlikely to develop these technologies themselves.? Christensen suggests ways that managers can harness the four Principles of Disruptive Technology so that their companies can become more effective at developing for themselves the new technologies that are going to capture their markets in the future.
Now, are you ready to learn more? If so, click https://tinyurl.com/myajc723 ?to download the full comprehensive summary to enrich your learning. Our book summaries are meant to whet your appetite and introduce you to the author(s). If you are so inspired, buy the book!
Remember – Always be learning!
Dr. Frumi
DELIGHTFULLY MARRIED ACADEMY; CONSCIOUS MARRIAGE & RELATIONSHIP COACH, GPC, Certified Behavioral Communications & Values Analyst, Licensed Healthcare Professional, Philosophical Artist
11 个月Very interesting. Reminds me of the challenges a CEO faces when going from a start up to a growing company
This is such an insightful observation! It's a classic case of being too comfortable with what's working until it isn't anymore. Staying innovative and adaptable is key, even for established companies. It's about finding that balance between maintaining what made you great and embracing new ideas and technologies to stay ahead of the game. Thanks for sharing this thought-provoking perspective!