Innovators Dilemma

Innovator’s Dilemma: When New Technologies Cause Great Firms to Fail

AUTHOR: Clayton Christensen

The Innovator’s Dilemma is the most well-known work of the Harvard professor and businessman Clayton Christensen.

The book suggests that successful companies can put too much emphasis on customers’ current needs, and fail to adopt new technology or business models that will meet their customers’ unstated or future needs. He argues that such companies will eventually fall behind.

Buy The Innovator’s Dilemma By Clayton M. Christensen


Note 1: Why Big Companies Fail

Companies fail due to several reasons such as arrogance, poor planning, bad management, lack of skill and resources, bad customer service and other weaknesses. But companies that are studied in this book are not such companies with weaknesses, but well-managed companies that invest aggressively on technology; takes customer feedback and listens to the competitive market.

Failure of well-managed, competitive, aggressive leading firms usually will never happen due to sustaining technology. It is disruptive technology that creates almost all the failures. Click on the links below if you want to jump to specific sections of the notes.

 

  1. START FROM BEGINNING
  2. LETS START WITH SOME EXAMPLES
  3. SUSTAINING TECHNOLOGY
  4. DISRUPTIVE TECHNOLOGY
  5. WHY BIG BUSINESSES FAIL DUE TO DISRUPTIVE TECH
  6. REASONS FOR FAILURE
  7. BIG BUSINESSES DON’T LIKE SMALL MARKETS
  8. MARKET THAT DON’T EXIST CANT BE ANALYZED
  9. GETTING FEEDBACK FROM EXISTING CUSTOMERS WILL KILL YOU
  10. TECHNOLOGY SUPPLY MAY NOT EQUAL MARKET DEMAND
  11. ORGANIZATIONS CAPABILITIES CAN BE A DISABILITY
  12. UNDERSTANDING VALUE NETWORK
  13. UNDERSTANDING S-CURVE OR INNOVATION CURVE
  14. PATTERNS OF WRONG DECISIONS BY ESTABLISHED FIRM
  15. HOW TO HANDLE DISRUPTIVE TECHNOLOGY ?

 

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