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

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

  • Downloads:4696
  • Type:Epub+TxT+PDF+Mobi
  • Create Date:2021-06-16 08:54:00
  • Update Date:2025-09-07
  • Status:finish
  • Author:Clayton M. Christensen
  • ISBN:1633691780
  • Environment:PC/Android/iPhone/iPad/Kindle

Summary

The bestselling classic on disruptive innovation, by renowned author Clayton M。 Christensen。 His work is cited by the world’s best-known thought leaders, from Steve Jobs to Malcolm Gladwell。 In this classic bestseller—one of the most influential business books of all time—innovation expert Clayton Christensen shows how even the most outstanding companies can do everything right—yet still lose market leadership。 Christensen explains why most companies miss out on new waves of innovation。 No matter the industry, he says, a successful company with established products will get pushed aside unless managers know how and when to abandon traditional business practices。 Offering both successes and failures from leading companies as a guide, The Innovator’s Dilemma gives you a set of rules for capitalizing on the phenomenon of disruptive innovation。 Sharp, cogent, and provocative—and consistently noted as one of the most valuable business ideas of all time—The Innovator’s Dilemma is the book no manager, leader, or entrepreneur should be without。

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Reviews

Varun

A real eye opener for me on how the very same practices that help big organizations thrive also lead to their failure when confronted with disruptive innovation! The concepts and principles as well as the reasoning behind them were well explained too。 In this VUCA age, this is a highly recommended read for everyone in the tech industry at least。Disclaimer: I read just the first and last chapters (thanks to recommendation in comments from fellow readers on Goodreads) plus the case study on EVs (s A real eye opener for me on how the very same practices that help big organizations thrive also lead to their failure when confronted with disruptive innovation! The concepts and principles as well as the reasoning behind them were well explained too。 In this VUCA age, this is a highly recommended read for everyone in the tech industry at least。Disclaimer: I read just the first and last chapters (thanks to recommendation in comments from fellow readers on Goodreads) plus the case study on EVs (since this area is of particular interest to me)。 。。。more

Wade Small

Initially the language and premise are hard to follow, but eventually it clicks; my eyes were opened in a big way。 In short, sustaining and disruptive technologies are to be treated differently, so much so that strategies practiced to makes the one potentially successful will most certainly drive directly against success in the other。

Alexey Gruzdev

I was not able to read it from first shot, however, I was lucky to finish it from second one。 General feeling is that the idea is really accurate and seems to be true。 However, a lot of examples were boring in support of the idea ( I don't know maybe it's just for me hard drive industry examples are boring:( )。 I was not able to read it from first shot, however, I was lucky to finish it from second one。 General feeling is that the idea is really accurate and seems to be true。 However, a lot of examples were boring in support of the idea ( I don't know maybe it's just for me hard drive industry examples are boring:( )。 。。。more

Raj Tiwary

Good

Carlos

This book is extremely redundant。 The main argument could have been delivered in an article rather than writing an entire book。

Will

"The research reported in this book supports this latter view: It shows that in the cases of well-managed firms such as those cited above, good management was the most powerful reason they failed to stay atop their industries [when confronted with disruptive changes in technology and market structure]。 Precisely because these firms listened to their customers, invested aggressively in new technologies that would provide their customers more and better products of the sort they wanted, and becaus "The research reported in this book supports this latter view: It shows that in the cases of well-managed firms such as those cited above, good management was the most powerful reason they failed to stay atop their industries [when confronted with disruptive changes in technology and market structure]。 Precisely because these firms listened to their customers, invested aggressively in new technologies that would provide their customers more and better products of the sort they wanted, and because they carefully studied market trends and systematically allocated investment capital to innovations that promised the best returns, they lost their positions of leadership。What this implies at a deeper level is that many of what are now widely accepted principles of good management are, in fact, only situationally appropriate。 There are times at which it is right not to listen to customers, right to invest in developing lower-performance products that promise lower margins, and right to aggressively pursue small, rather than substantial, markets。 This book derives a set of rules, from carefully designed research and analysis of innovative successes and failures in the disk drive and other industries, that managers can use to judge when the widely accepted principles of good management should be followed and when alternative principles are appropriate。" 。。。more

Kiran

This review has been hidden because it contains spoilers。 To view it, click here。 Entire book was based on disk drive industry and I left it at 15%

Oscar Bataille

Excellent

Piyush Sharma

Loved the fact that there is a strong undercurrent of Taoist philosophy throughout the book without being openly stated except on one occasion。 Must read for anybody who plans to launch a new product ever in their life。

Nikki

so dry。。。 and so repetitive。 putting it down for now。

Mai Nguyen thuy

This book has been on my list for a while, unfortunately it didn't really live up to expectations。 The core principles and takeaways are sound:1。 There are 2 kinds of innovation: sustaining and disruptive2。 Market leaders are great with the former but crumble when confronted with the latter, disabled by the processes and best practices that earlier enabled them 3。 To solve this dilemma, acquire / found subsidiaries with the right values and process, equip them with necessary resources and let th This book has been on my list for a while, unfortunately it didn't really live up to expectations。 The core principles and takeaways are sound:1。 There are 2 kinds of innovation: sustaining and disruptive2。 Market leaders are great with the former but crumble when confronted with the latter, disabled by the processes and best practices that earlier enabled them 3。 To solve this dilemma, acquire / found subsidiaries with the right values and process, equip them with necessary resources and let them go after new marketsHowever, the book is arduously academic and repetitive。 。。。more

Rick Presley

This book is dated and doesn't have anything in it past the late 90's that is of any significance。 And that's what makes this a great book。 Reading things like It's Your Ship and other books of business wisdom that don't hold up over time, I was a bit nervous that I was going to read another out-of-date business book that wasn't able to keep up with the times。 I was wrong。 Christensen's theories are likely sound precisely because they do hold up over time and his lessons have been repeated in th This book is dated and doesn't have anything in it past the late 90's that is of any significance。 And that's what makes this a great book。 Reading things like It's Your Ship and other books of business wisdom that don't hold up over time, I was a bit nervous that I was going to read another out-of-date business book that wasn't able to keep up with the times。 I was wrong。 Christensen's theories are likely sound precisely because they do hold up over time and his lessons have been repeated in the 20 years since the original release。 Anyone who wants to understand innovation at the corporate level should regard this as an essential textbook to understanding the forces at play in the world of innovation。 If one wants to surf the uncertainty of innovating in today's business climate, this is a necessary text。 。。。more

Peter Håkansson

Really good overview with plenty of cases that explain disruption。

Matt Bucklin

I can see why this is one of the top books for MBA students and business leaders。 There are so many great examples of spotting disruption and avoiding losing out on market share to new companies。

Abdullah Alotaibi

It is a rarity that anyone would come across a book as fundamental and illustrative as this one。 The author has done an extraordinary job to ensure the reader will understand the content in depth。 He also made sure you will remember the content of this book by repetition and paraphrasing whenever possible。 This method although perceived by the majority as unnecessary is quite the opposite。 The language level and detailed analysis is given with graphs to enhance the level of understandability。 Ex It is a rarity that anyone would come across a book as fundamental and illustrative as this one。 The author has done an extraordinary job to ensure the reader will understand the content in depth。 He also made sure you will remember the content of this book by repetition and paraphrasing whenever possible。 This method although perceived by the majority as unnecessary is quite the opposite。 The language level and detailed analysis is given with graphs to enhance the level of understandability。 Examples are given to many industries supporting the book's claims and increasing the level of comprehension of the book。 No wonder this book is among the most influential business books! 。。。more

Marjorie Wu

Recommended by Dagongren on clubhouse; HBS professor

Kittichet Chunchoom

หนังสือที่จะทำให้เราเห็นภาพว่าทำไมธุรกิจที่มาDisrupt เจ้าใหญ่เดิมเข้ามาในตลาดได้อย่างไร ทำไมเจ้าใหญ่ไม่สนใจทั้งๆที่อาจจะเป็นคนที่เห็นโอกาสนี้เป็นคนแรกอ่านจะอ่านไม่ง่ายนะครับ แต่ถ้าจับจุดได้เชื่อว่ามีประโยชน์สำหรับผู้ที่ต้องการเรียนรู้แน่นอนครับปล ได้เห็นแนวคิดเรื่องรถไฟฟ้าก่อนที่จะมีElon Musk ด้วยครับ

Albert Van

Great book, thought provoking, made me rethink parts of my career in engineering。 Would have wanted to know about the existence of this book earlier!

Kent Burnett

a job worth doing

Markus Lustig

The managers at Nokia should have read this book about 20 years ago。 Clear, concrete and academically disciplined book about disruptive technologies and businesses。 Also explains why big companies can fail without even actually failing in their work and also why customers as a whole can be totally wrong。

Deane Barker

This book is a legendary examination of how companies handle "innovation," by which the author means new aspects of their business that come out of nowhere and eventually come to dominate their markets。The problem: you can't just give customers what they ask for。 Because lots of customers actually don't know what they need, and they have little ability to project alternative solutions for their problems。 Customers are often blinded by what the market has told them they want。So if your company ju This book is a legendary examination of how companies handle "innovation," by which the author means new aspects of their business that come out of nowhere and eventually come to dominate their markets。The problem: you can't just give customers what they ask for。 Because lots of customers actually don't know what they need, and they have little ability to project alternative solutions for their problems。 Customers are often blinded by what the market has told them they want。So if your company just listens to customers and responds to what they say, some other company is going to think *around* the customer's problem and deliver a solution that they had no idea they really wanted, and you're going to get left behind。 This is made harder by the simple fact that you can't examine or analyze a market that doesn't exist, so you have to guess what's around the corner -- this is "the innovator's dilemma。"This book is dense。 The author is a professor at Harvard Business School, and the book is a product of his research there。 It's not just his opinions -- it summarizes quite a bit of primary market research。 I'm a relatively smart guy, and I had trouble following some of it (a lot of it。。。)。He dissects the hard disk drive market as an extended case study, and explains how some vendors were slow to respond to reductions in form factor because their customers weren't asking for smaller drives, so the customers were blinded to the market possibilities they enabled。 He does the same thing with some other markets, like earth excavators where he examines why some vendors made the jump to hydraulics and other stayed with cable actuation。If you get confused during the book (I did), there are "Book Group Discussion" summaries and questions at the back which are very, very helpful。 This is one of those books that you almost need to read in a group。 I understand this is assigned reading in many MBA courses, which makes sense。 。。。more

Jorge Torrens

A very interesting approach to disruptive technologies, so simple and so difficult to apply。 The critical thing is to identify a technology as disruptive which is not always clear and easy。 The best example we are now experiencing is with the electric vehicle industry。 Is it disruptive or sustaining? To make it more difficult how are the environmental laws interfering in his development? It is clear that current cars are exceeding customers needs, so we will see it the implementation of electric A very interesting approach to disruptive technologies, so simple and so difficult to apply。 The critical thing is to identify a technology as disruptive which is not always clear and easy。 The best example we are now experiencing is with the electric vehicle industry。 Is it disruptive or sustaining? To make it more difficult how are the environmental laws interfering in his development? It is clear that current cars are exceeding customers needs, so we will see it the implementation of electric vehicles will provide a different use of them。 Current leading car manufacturers understand this as a sustaining technology, so we will see what happens in this decade that seems to be decisive。 。。。more

Diego Pacheco

Awesome。 So many valuable insights。 People say was Steve Jobs's favorite Biz book。 Awesome。 So many valuable insights。 People say was Steve Jobs's favorite Biz book。 。。。more

Benedikt Glatzl

Everyone in the startup, product development and innovation community talks about "disruptive innovation" all the time, so I decided to read the book that made the term popular to gain a deeper insight into it。 Turns out the term has been watered down a lot in the more than 20 years since the book was published。 I was pleasantly surprised to find a clear, pragmatic, well researched concept with lots of case studies and clear frameworks how to identify and anticipate potential disruptive innovati Everyone in the startup, product development and innovation community talks about "disruptive innovation" all the time, so I decided to read the book that made the term popular to gain a deeper insight into it。 Turns out the term has been watered down a lot in the more than 20 years since the book was published。 I was pleasantly surprised to find a clear, pragmatic, well researched concept with lots of case studies and clear frameworks how to identify and anticipate potential disruptive innovations and how to approach innovation processes in general。 This really expanded my horizon and will help me chart my own course in the innovation and startup world。 Highly recommended for aspiring founders and innovation managers! 。。。more

Ivaylo Dimitrov

The value of this book depends on who you are and what you do。There is a huge chance you are in position that will find this book informative, but not very relevant

Katy Foutz

Great work backed by data。I am an Entrepreneur and this reinforced the truth that the customer is king in new idea and disruptive innovations。 Because of this the kitchen table to commercial enterprise model is still a good one and should not be discounted。 Just ask George Lucas or Dave Ramsey。

Aurimas Kraulaidys

One of the books that really broadens and deepens your understanding what are the rules of nature for sustaining versus disruptive innovations in business。 Novadays many startups represents themselves as disruptive, this book provides great details what real attributes of disruptive inovations are。 Good Book!

Alen Belavić

An interesting study on disruptive technologies, and its effect on small and big markets and companies。

Nabela

One of those great books that changed my perception。 Will definitely recommend who admire different perception。