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To Harvard professor Clayton Christensen, coauthor of How Will You Measure Your Life?, Bain & Company Ceramics Process Systems Corporation Clayton Christensen CPS Technologies Corporation Curtis W. a primary task of leadership is asking questions that anticipate great challenges.
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?
State of the art management and leadership techniques are continually evolving. Technology has clearly paid a huge part in this, but the biggest driver of change in how organizations are run is the ceaseless quest for improvement; to manage more efficiently and effectively to better achieve business results.
Technology disrupts markets. However, when I need to decide whether to focus on a market (like Christensen does) or focus on the technology, I will focus on the technology every day of the week, and twice on Tuesday. I agree with that. Continue reading →
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.
Professor, Rotman School of Management. Clayton Christensen. Director, Stanford Technology Ventures Program. Professor, Tuck School of Management. Professor, Rotman School of Management. Richard_Florida. Professor, Harvard Business School. claychristensen. Chair, Åbo Akademi University. Bob Sutton. work_matters.
Ken Blanchard – Author of The One Minute Manager and over 30 other leadership books. Whitney Johnson – Co-founder of Rose Park Advisors, Clayton Christensen’s investment firm, and author of Dare-Dream-Do. Tanvi Gautam – Managing Partner, Global People Tree. You’ll hear from: 1. Jesse Lyn Stoner – me.
In the book, the Innovator’s DNA , Clayton Christensen and colleagues list five behaviors that characterize innovative leaders: associational thinking, questioning, observing, networking and experimenting. Leading disruptive innovation requires managing incredible levels of uncertainty. Adaptive Planning. Savoring Surprise.
The Innovator’s Dilemma: When New Technologies Cause Great Firms to Fail Clayton M. Christensen HarperCollins (2003) A brilliant analysis of a multi-dimensional paradox Having just re-read this “business classic,&# I admire it even more now than I did when it was first published.
Top Executive Coaching with Tony Mayo About Tony Mayo Newsletter Sign-up Sections Client Comments For Executive Coaches For Executives For Fun For Salespeople Quotes and Aphorisms Recommended Books Technology Tips Videos & Podcasts Popular Posts Twitter Log IX About Tony Mayo Truth or Consequences?
I hope that at least a few of these recent posts will be of interest to you: BOOK REVIEWS Lessons from the Sandbox: Rediscovering the Keys to Business Success Alan Gregerman Why Great Leaders Don’t Take Yes for an Answer: Managing for Conflict and Consensus Michael A. Roberto Michael C.
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. Bunkered away in R&D labs they often fall into the trap of focusing almost exclusively on the technology they’re developing rather than on the customer need it should be meeting.
Trust is a tool to assess and manage (reduce and/or increase) risk, depending on the situation. DMS : Trust and vulnerability are keys to “Energy Management” Not to sound too 19th or 20th Century, but trusting is efficient… and effective. Energy Management raises the issue of perfection.
Who better to quote in this instance than the late, great, Clayton Christensen who famously answered this question in his book The Innovator’s Dilemma. As he stated, “if it’s mainly the former, then management’s role is limited: hire the right people and get out of their way. Would you briefly touch on your thinking?
Whether you need a leadership and management expert for yourself or your team, you’ll find someone great below. Contact: caduhigg@gmail 9 43,800 5,107 9,706 Clayton Christensen Innovation, Leadership Professor at Harvard Business School. Project Manager at @courtinnovation. Author of @MeasureYourLife.
I think our principal observation was that what was happening was that disruptive innovations driven by largely information technology but lots of other technologies on the fringe here that are getting ready to exhibit the same kind of characteristics were entering the market in kind of this better and cheaper way.
Instead, longevity is based on entrepreneurial thinking and innovation – in exploring ways to adapt corporate and business strategies in response to market, technological, and social and cultural change. It is fashionable today to have management committees, at various organizational levels, working as teams. Let me explain.
The result, I think, is a set of ideas that together are important, useful, and original, and that feel like quite an accurate account of the management concerns many of us shared in 2013. The right kind of project management — and project manager — really matters. government, excellent project management is extremely rare.
In Clayton Christensen’s new book, Competing Against Luck , the authors delve into the importance of gaining a deep understanding of what your customers desire. If you are in the business of making carburetors you are at risk of technological innovation putting you out of business. I strongly recommend it.
He argues more broadly that all the “low-hanging fruit” produced by some non-repeatable breakthroughs (including fundamental technological triumphs) has been plucked. An impassioned counterargument comes from Erik Brynolfsson and Andy McAfee of MIT, who reject the premise that technology’s big leaps are all behind us.
job market troubles of the past decade than new technology had. But I couldn’t help but fixate on that information-technology chart, which seemed to show corporate America giving up on IT. Or maybe modern information technology just keeps getting cheaper. Economy Information & technology Internet' ” Got that?
Conventional wisdom holds that new technology requires highly educated workers. There is little doubt that new technologies have taken a heavy toll on less educated workers not only in manufacturing industries, but also in routine white-collar jobs. The Association argues that technology has made the LPN position obsolete.
In fact, one of my clients recently asked me, not at all unkindly, "What drives so many Mormons to be management thought-leaders?" Certainly, it is interesting to note how many Mormons have played an active role in shaping modern management theory. She took me by surprise when she listed quite a number off the top of her head.
One of the most exciting and — sometimes anxiety-producing transitions in a career — comes when you move from being an individual contributor to becoming a manager. So, as a new manager, how do you build an authentic and connected leadership presence that has a positive impact on your team and colleagues?
What you can know is that the markets for disruptive innovations are unpredictable, and therefore your initial strategy for entering a market will be wrong," writes Christensen. During this time, as I volunteered in public affairs for my church, I became acquainted with Professor Christensen. STOP IT.". That decision is all yours.".
Clayton Christensen has long been a proponent of hiring managers with the right " schools of experience." His basic argument is that it is more effective to evaluate managers by looking at the situations they have been in than their track record of success. Christensen's theory, however, could have predicted this failure.
But this confidence served as a platform that allowed Andy to learn important things from every person — even Clayton Christensen. In his long career at Intel and at Stanford Business School, he passed along his deep wisdom with uncommon generosity, touching generations of managers and leaders. He was confident in his abilities.
There are three founding partners : Clayton Christensen, Matt Christensen, and me. Next on deck is his son, Matt, the CEO and portfolio manager; then me. When Clay is in the room, people want to hear from him. It felt like high school all over again, slipping into the adult equivalent of playing dumb. But here's the rub.
In 1995, a young Harvard Business School Professor co-authored an article in Harvard Business Review , "Disruptive Technology: Catching the Wave." Of course, that young HBS professor was Innosight co-founder Clayton Christensen. Yet, the innovator's dilemma persists. But they're notable because they are exceptions.
Last week I attended an Executive Sustainability Summit hosted by Xerox , Waste Management (WM), and Arizona State University. The short conference brought together public and private sector managers working on environmental and social issues. billion "managed print services" (MPS) industry ( according to research firm IDC ).
Disruption is a systemic problem: Clayton Christensen outlined in 1997 why it was so difficult for any individual business to defuse disruptive threats and embrace disruptive trends. They’ve read Christensen’s book The Innovator’s Dilemma. So naturally, as a manager, you left such innovations to new entrants.
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. HBR's 90th Anniversary: Why Management Matters. or a doctor's office. or the patient's home.
Technologies like 3-D printing, robotics, advanced motion controls, and new methods for continuous manufacturing hold great potential for improving how companies design and build products to better serve customers. Why are older incumbent firms slow to adopt new technologies even when the economic or strategic benefits are clear?
This week, over 10,000 entrepreneurs and investors will descend on Austin, TX for SXSW Interactive , hoping to be or to find the next big thing in technology. According to Professor Clayton Christensen's jobs-to-be-done framework, whenever we buy something, we are hiring the product or service to do a job.
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.
When I suggested to Clayton Christensen that we partner with Hatkoff to create the Tribeca Disruptive Innovation Awards , Clay’s response was : I trust you Whitney. She loved her job, and with a background in public affairs in communications had been successful in both international business and management roles. Innovation'
Innovation is more than whiz-bang technology; consider different strategic intents (e.g., Academics like Clayton Christensen and Vijay Govindarajan, leading-edge innovative companies like Procter & Gamble and Cisco Systems, and thoughtful writers like Michael Mauboussin and Bill James. How should I form and manage innovation teams?
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. One of the articles reached millions of readers through one of the internet's most respected technology blogs. The pace of disruption is changing.
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.
Then I read Clay Christensen and Joe Bower's 1995 article "Disruptive Technologies: Catching the Wave" in HBR. Christensen and Bower's article offered the counterintuitive notion that great companies fail for the same reasons they initially experience success. HBR's 90th Anniversary: Why Management Matters. More >>.
Yet, time and again, they have struggled to innovate with new and disruptive technologies. Clayton Christensen and others argue that an incumbent’s failure has little to do with the newness or complexity of the technology. Businesses understand the power of digital innovations to reshape industries and markets.
Recent corporate history is littered with successful established firms who failed to manage disruptive innovation even with full knowledge that it was coming. They knew digital photography was the future and invested heavily in hybrid technology in the hope of managing the transition from physical photo printing. It didn't work.
It was only a few years ago that Governor Deval Patrick poured some $58 million into the company and their much-lauded breakthrough solar technology (String Ribbon). By focusing on a straightforward insight: truly transformative industrial changes aren't driven by technologies replacing technologies , but by systems replacing systems.
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. The underlying technology is PowerPoint but it is accelerated beyond what one could do in a lecture hall. If you want to know how, here is the obligatory TED video.
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