The Innovator's Solution (Review and Analysis of Christensen and Raynor's Book)
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About this ebook
This complete summary of the ideas from Clayton Christensen and Michael Raynor's book "The Innovator's Solution" shows how capital markets demand that all companies should grow by commercialising innovations. The companies who are successful in doing this are rewarded spectacularly, however only one company in ten is able to deliver consistent growth. In their book, the authors explain the reason behind this and how companies end up reducing the potential of their innovations. This summary will teach you how to spot the innovations that have potential and use them to grow your business.
Added-value of this summary:
• Save time
• Understand key concepts
• Expand your business knowledge
To learn more, read "The Innovator's Solution" and never miss an opportunity for innovation again!
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The Innovator's Solution (Review and Analysis of Christensen and Raynor's Book) - BusinessNews Publishing
Book Presentation: The Innovator’s Solution by Clayton Christensen Michael Raynor
Book Abstract
About the Author
Important Note About This Ebook
Summary of The Innovator’s Solution (Clayton Christensen Michael Raynor)
Book Abstract
Main IDea
Innovation
The capital markets demand that all companies should grow by commercializing new innovations. Those companies which achieve this are rewarded spectacularly, yet in practice only one company in ten is able to deliver consistent and profitable growth. Why? It’s not because they don’t have good ideas or good managers, but because most companies actually end up unwittingly watering down the disruptive potential of their most creative new business ideas.
The Innovator’s Dilemma
The innovator’s dilemma is that when industry leaders focus too closely on their most profitable customers and businesses, they can miss seeing the potential of disruptive new innovations that can create new growth markets from scratch.
The Innovator’s Solution
The solution to this dilemma is for companies to become skilled at creating and harnessing these disruptions themselves to grow new businesses that take advantage of disruptive innovations. This requires aligning every resource to support the overall disruptive initiative.
About the Author
CLAYTON CHRISTENSEN is professor of business administration at Harvard Business School. He specializes in the management of technological innovation and new technologies. Dr. Christensen has also served as chairman and president of CPS Corporation (a material sciences firm), as a White House Fellow (during the President Reagan administration) and as a member of the staff of the Boston Consulting Group. He is a graduate of Brigham Young University, Oxford University and Harvard Business