Harvard Business Review

JUNE 21, 2017

We need to start treating innovation like other business disciplines — as a set of tools that are designed to accomplish specific objectives. It was with this in mind that I created the Innovation Matrix to help leaders identify the right type of strategy to solve a problem, by asking two questions: How well can we define the problem?

Innovation 22

Innovation Disruptive Innovation Christensen Open-book 22

Harvard Business Review

SEPTEMBER 27, 2013

In 2007, Clayton Christensen co-founded Rose Park Advisors, a hedge fund devoted to investing in disruptive companies. The idea was to transform his theory of disruptive innovation into an investment thesis. Disruptive innovation can take several forms, and the market understands some types better than others.

Innovation 9

Innovation Marketing Disruptive Innovation Discounted Cash Flow 9

Harvard Business Review

JULY 4, 2014

Today, almost every industry is vulnerable to the effects of digitization and to what Accenture calls “Big Bang Disruption.” New services can quickly go from trial to large-scale rollout and massive adoption, and established players can fall quickly by the wayside; think of how mobile GPS applications have taken the market by storm.

Insurance 16

Insurance Disruptive Innovation Industry Advice 16

Harvard Business Review

JANUARY 26, 2012

Over the years, venture capitalists have been some of the most ardent students of disruptive innovation. Hedge fund investors who deploy capital in large and liquid markets can scale their time well. In classic cases of industry disruption, such as in steel or airlines , incumbent firms have tens of thousands of employees.

Hedge 16

Hedge Disruptive Innovation Venture Capitalist Venture Funding 16

Harvard Business Review

AUGUST 29, 2011

Instead, his initial advantage came from his creation of a virtuous circle that underpinned his vision for the first durable mass-market automobile. But everything changed with the onset of the innovations introduced by General Motors in the 1920s , which took the direct opposite of Henry Ford's tack of "Any color. Used car trade-ins.

Innovation 18

Innovation Mass Marketing Price Market Segmentation 18

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. Demand response, grid management, solar financing and installation, and electric vehicle infrastructure companies might fit this bill.

Disruptive Innovation 14

Disruptive Innovation Competitive Advantage Business Model Technology 14

Harvard Business Review

SEPTEMBER 8, 2014

In my experience, most CEOs, CFOs, and other C-suite executives involved in strategy formulation know these finance basics. (Or, Smartly reducing assets devoted to activities that earn less than their cost of capital requires good links with evolving market realities. ( Or, they learn fast after a few investor meetings.)

Debt to Equity Ratio 14

Debt to Equity Ratio Cost of Capital Strategy Incentives 14

Harvard Business Review

MAY 26, 2014

The traditional advice, from Clayton Christensen’s work on disruptive innovations and Michael Tushman’s on organizational ambidexterity , is to set up the new activity as a separate unit, reporting to a manager at the corporate headquarters who can sponsor the new activity and help to integrate it with the rest of the company.

Mass Marketing 13

Mass Marketing Brand Disruptive Innovation Advice 13

Harvard Business Review

MARCH 21, 2011

To paraphrase from "The Music Man," I am a sadder but definitely a wiser girl after this first encounter with venture financing, as this experience has become a well of lessons from which I draw daily in my personal and professional life. My husband and I lost a painful lot of money. It was devastating. Lesson 1: Set clear boundaries.

Due Diligence 15

Due Diligence Magazine SWOT Christensen 15

Harvard Business Review

MARCH 9, 2016

If the public sector is to realize the full potential of digital technology to transform public finances and even kickstart national economic growth, governments will have to move beyond streamlining services and cutting red-tape for entrepreneurs. As the examples of Singapore and many other countries illustrate, these steps are not enough.

Entrepreneur 8

Entrepreneur Disruptive Innovation Venture Capitalist Business Model 8

Harvard Business Review

FEBRUARY 6, 2014

A “ new model for how winter sports are done” that “feeds an audience hunger for life-treating daredevilry” and drives “ high market penetration and. The reason why serves as a good reminder of how to assess the full impact of a potentially disruptive innovation. The process of disruption follows a predictable pattern.

Disruptive Innovation 8

Disruptive Innovation Market Segmentation Christensen Market Penetration 8

Harvard Business Review

JUNE 9, 2014

You might see this fledgling business (Mine Kafon is being prototyped and tested now, thanks to a fully funded Kickstarter campaign to finance its development) as a brilliant act of business strategy. It boldly enters a space where no real market has previously existed , and could well inspire investors to create one.

Innovation 10

Innovation Disruptive Innovation Strategy Creativity 10

Harvard Business Review

AUGUST 7, 2013

Advantages typically include an established customer base, brand equity, market knowledge, and financial resources. Digital encyclopedias such as Microsoft''s Encarta and later, Wikipedia, virtually destroyed the market for the venerable print edition of the Encyclopedia Britannica. Competition Disruptive innovation'

Disruptive Innovation 8

Disruptive Innovation Advertising Discount IPO 8

Harvard Business Review

NOVEMBER 7, 2012

Alfred Rappaport's article, " Stock Market Signals to Managers ," in the November-December 1987 issue of the Harvard Business Review, provides managers with a clear method for understanding how price reflects the market's expectations about the company's future financial performance. But very few executives or investors do.

Price 8

Price Analysis Cost of Capital Disruptive Innovation 8

Harvard Business Review

DECEMBER 14, 2011

But what I really wanted to discuss were the three biggest trends I see affecting innovation in the region. As my colleagues noted in a Harvard Business Review article earlier this year, the extremes in most Asian markets are well served. Tuck Professor Vijay Govindarajan calls this reverse innovation. The race for the middle.

Trends 15

Trends Innovation Govindarajan Class 15

Harvard Business Review

MARCH 16, 2012

"Competition" has changed when individuals can create value through a centralized network of resources: for example, designing a product from anywhere, producing it through a 3D factory , financing it through community and distribution from anywhere to anywhere. Disrupting How We Work. Everything.

Christensen 18

Christensen Business Model Decentralization Innovation 18

Harvard Business Review

JULY 4, 2014

Today, almost every industry is vulnerable to the effects of digitization and to what Accenture calls “Big Bang Disruption.” New services can quickly go from trial to large-scale rollout and massive adoption, and established players can fall quickly by the wayside; think of how mobile GPS applications have taken the market by storm.

Insurance 9

Insurance Disruptive Innovation Industry Advice 9

Harvard Business Review

OCTOBER 27, 2011

Listening to Amazon's finance chief Tom Szkutak explain the miss, it was immediately apparent that Amazon's problem was not with the top line. Amazon Kindle — disrupting the paper book format and paper book retailers. CreateSpace — a self-publishing solution that disrupts traditional publishing houses.

Christensen 15

Christensen Retail Long-term Incubator 15

Harvard Business Review

JUNE 27, 2013

With traditional sources of financing unavailable, Kellond raised her first round of capital ($408,000) on Kickstarter — the ultimate in creative financing. Think about it — disruptive innovation is about playing where no one wants to play (low-end), or has thought of playing (new market).

Entrepreneur 9

Entrepreneur Sports Disruptive Innovation Innovation 9

Harvard Business Review

SEPTEMBER 4, 2017

Over time, their products and services became better and better, and those innovative entrants moved up market, slowly increasing performance. If an organization could isolate a unit and focus it exclusively on the disruptive market, it had an opportunity to succeed. Asset-light businesses are not financed with debt.

Christensen 9

Christensen Finance Innovation B2B 9

Harvard Business Review

DECEMBER 2, 2010

In the sense that financial markets and the economy in general are far more fragile than most mainstream economists contemplated before 2008, there was a bit of unlearning done in the 1990s and early 2000s. The 1987 stock market crash was a scare. None of them brought economic devastation in the U.S. I know I believed it.

Decisionmaking 15

Decisionmaking Chaos Theory Hedge Marketing 15

Harvard Business Review

MAY 30, 2013

A good management team will be dedicated to creating product market fit, otherwise the business will flounder. Alternatively, they attempt to innovate in a lean fashion, but they are slowed immensely by numerous requests for budget, little tolerance for failure, and a general disregard for "experimentation.". Patient capital.

Company 12

Company Ries Maturity Innovation 12

Harvard Business Review

JANUARY 30, 2014

In after-hours trading, the company’s share price fell 9% — representing $44 billion in lost market value. 2012) to $385 (last April) — a difference of almost $300 billion in market capitalization — and back up to $555 before this latest earnings report. This isn’t a failure of markets.

Price 8

Price Disruptive Innovation Uncertainty Marketing 8

Harvard Business Review

NOVEMBER 15, 2017

For example, by pulling together people from finance, human resources, sales, and other product-related departments, one retailer figured out how the company could operate with one-third fewer employees in its stores. When CEOs lead these meetings, teams can raise any issues, big or small, and get them resolved in minutes.

Retail 15

Retail Chief Executive Officer Supply Chain Merchandising 15

Harvard Business Review

FEBRUARY 19, 2015

Steve Jobs’ successors are at least an order of magnitude more credible as disruptive innovators than the heirs of Ford and Sloan. According to data from Yahoo finance, company’s market cap exceeds that of Toyota, BMW, Volkswagen, Ford, GM, Honda, Fiat Chrysler, Tesla, and Daimler combined.

Automotive 8

Automotive Supply Chain Disruptive Innovation Retail 8

Harvard Business Review

DECEMBER 18, 2013

Setting up small, high-performing virtual teams has enormous potential for companies to increase sales, penetrate new markets, improve business processes and come up with the next generation of disruptive innovations. But putting together a great team is tricky.

Team 10

Team Sharpe Disruptive Innovation Bottom-up 10

Harvard Business Review

JANUARY 24, 2013

I recently wrote a blog post about the forces of competition and market change that are affecting the legal profession, causing many firms to now take the once unthinkable step of letting even senior partners go if they can't produce sufficient revenues to contribute to the firm's bottom lines (as reported in the Wall Street Journal ).

Creativity 9

Creativity Short-term Trends Education 9

Harvard Business Review

MAY 21, 2015

Over the past two decades, there have been many attempts to reform the electric utility market. This story of disruption should feel familiar. Consider how Uber opened up the transportation market. In the case of distributed energy, various financing options let consumers save in a number of ways.

Energy 8

Energy Transportation Software Price 8

Harvard Business Review

DECEMBER 5, 2012

The threat of Blue Nile has been felt most by mom & pop jewelers , but increasingly by the middle market retailers like Zales Corporation, as well as high-end brands like Tiffany and Cartier. No company facing disruption likes to acknowledge that they can't win it all. So what should premium diamond retailers do?

Retail 8

Retail Price Brand Competitive Advantage 8

Harvard Business Review

MAY 19, 2015

Hailed in the 1960s as bastions of sophisticated management, they used cheap financing to acquire, then rationalize, many family-owned firms. With GE’s recent announcement to split off its remaining finance operations , and Honeywell also considering divestment, the pressure on these groups remains in force.

Engineering 8

Engineering Learning Curve Fixed Costs Finance 8

Harvard Business Review

AUGUST 25, 2015

In this latest flurry of debate about working long hours , some have intimated that overwork is inevitable in highly competitive industries such as law, finance, and high tech. Big Law’s commanding market lead in specific practices areas is also being challenged by boutique firms. But that’s just not true.

Real Estate 8

Real Estate Entrepreneur Attrition Business Model 8

Harvard Business Review

JUNE 8, 2015

Also, most billion-dollar ideas don’t start that way; they can benefit from the established operations, go-to-market or service capabilities, and other corporate assets that help to scale rapidly. To do that, Merck formed a Strategy & Innovation Council with people from across the company. It’s not just products.

Health Care 8

Health Care Venture Capitalist Strategic Fit Pharmaceuticals 8

Marshall Goldsmith

FEBRUARY 8, 2018

Whitney Johnson – Author of the critically acclaimed: Disrupt Yourself. Co-founder of Rose Park Advisors—Disruptive Innovation Fund. A leading thinker on strategy and breakthrough innovation. Deepa Prahalad – Focused on design and emerging markets. Darek Lenart – Senior VP HR, Finance MasterCard.

Executive Coaching 70

Executive Coaching CEO Banking Magazine 70

Harvard Business Review

OCTOBER 30, 2017

Finally, health care, which has been largely immune to the forces of disruptive innovation , is beginning to change. Whereas new technologies, competitors, and business models have made products and services more affordable and accessible in media, finance, retail, and other sectors, U.S. jennifer maravillas for hbr.

Health Care 9

Health Care Innovation Insurance Disruptive Innovation 9

Harvard Business Review

DECEMBER 4, 2018

A recent report by the consultancy BCG documented a general decline in sales among consumer packaged goods (CPG) companies in the United States during 2017, with mid-sized and large companies losing market share and small companies increasing theirs. Consultancy Catalina also revealed that 90 of the 100 top brands had all lost market share.

Brand 14

Brand Retail Incubator Merchandising 14

Harvard Business Review

MARCH 2, 2015

Like many of the Big Bang Disruptors we track, drones are piggybacking off the smartphone revolution, which has built efficient global markets for increasingly cheap off-the shelf cameras, processors, gyroscopes, accelerometers, and software that can be embedded in UAS. Many use smartphones and tablets as their controllers.). Both the U.K.

Transportation 8

Transportation Proposal Technology Press Release 8

Harvard Business Review

NOVEMBER 21, 2018

First, they created a combination of breakthrough product innovation and breakthrough business model innovation— the definition of category creation. Second, Uber and Netflix appealed to a younger superconsumer before they entered the category, which caught the market leaders flat-footed. index funds).

Real Estate 14

Real Estate Rate of Return Finance Innovation 14