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O RGANIZATIONS are better managed than ever before. The problem is that managing for predictability negates learning and progress. Clayton Christensen wrote, The worst place to develop a new business model is from within your existing business model. They have been optimized for safety, security, stability, and control.
One of the great leaders and thinkers of our time is Clayton Christensen , ”a down-to-earth” alum of BYU, Oxford and Harvard. I found two recent articles about Clayton Christensen that have increased my understanding about leadership: The first is published in the BYU Magazine’s Spring 2013 edition. (As
Clayton Christensen Rocked The World Gently from @JohnBaldoni. 15 Things Leaders Can Manage and One They Can’t by @JesseLynStoner. Competing in the Age of AI Networks and AI are reshaping the operational foundations of firms. Boss’s Tip of the Week: Make weaknesses irrelevant from @wallybock.
The most successful companies incorporate disruptive thinking into all of their business and management practices to gain distinctive competitive value propositions. So why do so many established and often well managed companies struggle with disruptive innovation?
Every HR, OD professional, and management consultant should at the very least be aware of their existence, if not well-versed in their ideas and theories. In one of the defining management studies carried out in the 90s, Collins and his team complied a list of 1,435 companies in search of those special few that could truly be called “great.”
The late Clayton Christensen famously highlighted that consumers are not buying our product as much as they are hiring it to complete a particular job. The low latency of 5G is crucial to ensure that the arms can be operated as efficiently as possible, while the company believes it will reduce hardware and deployment costs by around 30%.
In his latest book, Humanocracy , London Business School’s Gary Hamel teams up with his Management Lab colleague Michele Zanini to explore how organizations can better structure themselves for the modern age. Innovation is something organizations the world over are craving as they strive to cope with these most uncertain of times.
"The clearer your company culture, the less likely it will be hijacked by the weaker personalities in your team," explains Mary Christensen , author of the book, Be A Network Marketing Leader. "A Christensen's recommended eight guidelines are: We respect each other. We operate in a spirit of fun and friendship.
"The clearer your company culture, the less likely it will be hijacked by the weaker personalities in your team," explains Mary Christensen , author of the book, Be A Network Marketing Leader. "A Christensen's recommended eight guidelines are: We respect each other. We operate in a spirit of fun and friendship.
"The clearer your company culture, the less likely it will be hijacked by the weaker personalities in your team," explains Mary Christensen , author of the book, Be A Network Marketing Leader. "A Christensen's recommended eight guidelines are: We respect each other. We operate in a spirit of fun and friendship.
"The clearer your company culture, the less likely it will be hijacked by the weaker personalities in your team," explains Mary Christensen , author of the book, Be A Network Marketing Leader. "A Christensen's recommended eight guidelines are: We respect each other. We operate in a spirit of fun and friendship.
"The clearer your company culture, the less likely it will be hijacked by the weaker personalities in your team," explains Mary Christensen , author of the book, Be A Network Marketing Leader. "A Christensen's recommended eight guidelines are: We respect each other. We operate in a spirit of fun and friendship.
The High-Velocity Edge: How Market Leaders Leverage Operational Excellence to Beat the Competition Steven J. Spear McGraw-Hill (2009) The power of causal mechanisms that can drive a continuously self-improving system Clayton Christensen’s high praise of Steven Spear and this book is well-deserved.
It is fashionable today to have management committees, at various organizational levels, working as teams. Organizations do not operate in isolation, and hence it is critical to bring key stakeholders, including suppliers, on board with any new initiative. The most significant hurdle by far is resistance to change from within.
But this confidence served as a platform that allowed Andy to learn important things from every person — even Clayton Christensen. He was a powerful executive because he understood how organizations really operate and could harness this knowledge. He had a high level of self-esteem, of course. He was confident in his abilities.
Breakthroughs can also result from innovations in management. Managers, of course, are among the great rule inventors and implementers of the world. What if managers changed their approaches and got that set of rules right? We are not the first to point out to economists that management makes a difference.
As Clayton Christensen likes to note , the primary job of leadership today is to “source, assemble, and ship numbers.” Thought leaders like Christensen, Roger Martin , Michael Porter , and Steve Denning have all argued that shareholder value has been exposed as a flawed paradigm. No, it’s to maximize shareholder value.
The Wall Street Journal article noted that Innosight founder Clayton Christensen favors three categories of innovation: efficiency (doing the same thing faster or cheaper), sustaining (making current solutions better), disruptive (transforming complicated solutions into simple, accessible, affordable ones). It is hard work.
Of course, that young HBS professor was Innosight co-founder Clayton Christensen. Academic journals have dissected the disruptive innovation theory and hundreds of thousands of students around the world have seen Christensen's famous model. Yet, the innovator's dilemma persists. But they're notable because they are exceptions.
In the The Capitalists Dilemma, Clay Christensen and Derek van Bever suggest that leaders have been trained and socialized to their role as capitalists, and thus come to rely too heavily on familiar and traditional finance principles. Human resources Leadership Talent management'
Practitioners have robust tools to discover opportunities to innovate, design, and execute experiments to address key strategic uncertainty; to create underlying systems to enable innovation in their organization; and to manage the tension between operating today's business and creating tomorrow's businesses.
They're bad at innovation by design: All the pressures and processes that drive them toward a profitable, efficient operation tend to get in the way of developing the innovations that can actually transform the business. The constant need to drive towards operational efficiency can be avoided through the creation of new organizations.
Facebook, KickStarter, Kiva, Twitter, and other companies thriving in the social era are operating by the rules of the Social Era. Most organizations operating today started when companies needed more operating capital. Many organizations still operate by Porter's Value Chain model , where Z follows Y, which follows X.
They were all ignored by the wireless operator, who was preoccupied with transmitting passenger messages and by the crew, who were focused on breaking the speed record. Clay Christensen's work on disruptive innovation shows the power of David against Goliath, the mammal over the dinosaur, the startup over the incumbent.
Note especially the brave, innovative management reflected in social enterprises such as the Sampark Foundation , where Vineet Nayar, former CEO of HCL Technologies, is on a mission to inspire kids in rural India to learn how to think and invent like frugal innovators. ” Purpose, moreover, means for him social purpose.
But a range of research has shown how successful entrepreneurs generally act differently from successful operators.*. 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. Look for the aliens.
But their way of thinking about prosperity also offers direction for any managers who want to work harder to make the world better off: your mission is to imagine, develop, and launch more life-improving solutions, especially the kinds of goods and services that improve ordinary people’s lives. Many minds make lighter work.
The Kahn Academy, founded by Salman Kahn (a former hedge fund manager), is a not-for-profit, online venture that is currently revolutionizing K-12 education. Hart does not quite do what the Kahn Academy does but she operates in the same space. It also manages to explain complex arguments without oversimplifying them.
You could tell by the language he used: "So we realized that streaming and DVD by mail are becoming two quite different businesses, with very different cost structures, different benefits that need to be marketed differently, and we need to let each grow and operate independently.". They're the ones Netflix has managed to upset right now.
Organization as machine – this imagery from our industrial past continues to cast a long shadow over the way we think about management today. Managers still assume that stability is the normal state of affairs and change is the unusual state (a point I particularly challenge in The End of Competitive Advantage ).
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.
General Mills’ CEO recently blamed the winter for less-than-expected earnings , saying that “severe winter weather…disrupted plant operations and logistics…We lost 62 days of production…which hasn’t happened in decades. It might have actually generated increased revenue as well, if it meant operating while competitors couldn’t.
That’s no surprise, since Clayton Christensen co-founded our company in 2000, five years after his Harvard Business Review article with Joseph L. Christensen and two co-authors revisit where disruption theory stands today in a new HBR article, “What Is Disruptive Innovation? The rest, of course, is history.
Aside from being costly, a flawed execution can cast doubt on management credibility, have a negative impact on morale, taint the brand, adversely affect external relationships, and cause a variety of other problems for your business. All initiatives surrounding new ideas should include detailed risk management provisions.
The most important way to mitigate risk is to become excellent at either engineering, product, selling, or operations and management. Develop deep expertise — your best risk-mitigation strategy . If you excel in one of these areas, you can always get a well-paying job doing interesting work — at startups or established firms.
In this month's HBR, Professor Clayton Christensen and I have an article that describes how to develop core business strategy in the face of disruption. The article, " Surviving Disruption ," represents our first attempt in two decades to outline the other side of disruption — how to manage legacy businesses.
I had worked on a variety of volunteer projects with Clayton Christensen over several years, which led to an overlap of exchanges, including having several common acquaintances. I suspect you will find that nearly are with people where there is an overlap of work, civic, school, church, neighborhood, and/or childhood ties.
One outside manager of many endowments I spoke to confirmed to me that there has been “no mandate” from clients to be investing in the future of higher education. “I Those who manage money for higher education, I propose, need to get much more interested in the market they are in. See comments by Clayton Christensen and Mark Cuban ).
That''s partly because, as Clayton Christensen, Stephen Kaufman, and Willy Shih wrote in the 2008 HBR article "Innovation Killers," standard financial metrics make new investments look much less attractive than existing business lines. The Washington Post operated at a 9.2% Scripps 6.9%
Middle managers with limited resources and set evaluation metrics will simply operate in a predictable fashion. It's why Christensen's Innovator's Dilemma is so difficult to overcome. Firms naturally preserve their margins and satisfy their existing customers, steering away from disruptive opportunities.
A good management team will be dedicated to creating product market fit, otherwise the business will flounder. Investors are involved for the long haul, understanding that startup managers will have to experiment and fail along the way to a successful IPO. Patient capital. or you might not. Develop a shared innovation philosophy.
Today, many high-profile companies— Cisco , Google , IBM , Samsung , Siemens , Disney , Volkswagen and Deutsche Bank , to name a few—contain such roving consulting groups to help solve the most critical strategy and operations problems throughout the business. Exceed client expectations. Attract top talent. Measure success.
Clay Christensen's landmark theory -- in under two minutes. So, even if the outposts manage to absorb local value they usually fail to propagate it back to the organization, which means they fail on the ultimate reason for their existence. The company no longer has any operations at all in Silicon Valley. Related Video.
Managers at companies like General Motors, Sears, and Eastman Kodak simply didn't have the tools to spot and respond to would-be disruptors. Harvard Professor and Innosight cofounder Clayton Christensen alerted the world to the pattern of disruptive change almost two decades ago. Today's leaders have no excuse.
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