Radical thinking...and a wake-up call. Citing examples from many industries (computers, retailing, pharmaceuticals, automobiles, steel), Clayton M. Christensen explains how to avoid a similar fate. He presents strategies for determining when not to listen to customers, when to pursue small markets at the expense of larger ones, and other ways to ensure long-term growth and profit. This award-winning audiobook shows managers the changes that may be coming: and how to respond for success.
©1997, 2000 by the President and Fellows of Harvard College. Published by arrangement with Harvard Business School Press; (P)2000 HighBridge Company
Good concepts for managers and entrepreneurs, but very short and the narration sounds like a bedtime story. For a better value, better narration, and more useful information, see the followup, "The Innovator's Solution" instead.
Every business person should read this. Quick, easy and to the point. If you what to know more of the psychology of companies and why they have so many issues with disruptive technologies, read former Intel CEO Andrew S. Grove's book: Only the Paranoid Survive: How to Exploit the Crisis Points That Challenge Every Company.
Audible obsessed lifelong learner.
The Innovators Dilemma looks at why many big companies struggle to introduce new disruptive technologies. The slow turn around in seeing substantial profits and the small percentages that the new venture may show on the books often leads to failure if not addressed through acquisition.
Good speaker. The book moved along quickly without adding a lot of fluff. It gets right to the point. Awesome book and great information.
Though the book did have its positive moments, I wasnt 100% impressed. It was a bit redundant, I felt like he stressed the same topic over and over again, which may have been the point because this a is a huge thing companies deal with.
A huge summary of the book was, smaller firms have an easier time entering into smaller more innovative markets, because their margins or number of sales dont need to be as large as say a bigger company. 20% of $40 million company is only $8 Million, while 20% of $400 million is $80 milion, which the new market may not have.
Other than that, the reader was a little dull, but the content did stick, as he said it a million times haha.
Yes, assuming the friend was in a situation of trying to innovate from within a large, established company.
Yes. I didn't like the narrator's style. He's kind of "breathless" in that every sentence has extra emphasis, sort of like a radio announcer reading a commercial. It gets old very quickly. I much prefer a more relaxed conversational style, using emphasis only when called for.
I listened to it driving to/from work, it too about one week.
My expectations for this book were too high, based on all the great things I heard about it from other people. I think I would've liked the book better had I not had those sky-high expectations. But all in all, it's a good book worth reading.
This is not the best but a strong contender for 2nd or 3rd over all in my current audiobook library (5 books)
I would compare the Innovator's Dilemma to the Lean Startup because the covers similar situations and steps to get a startup off the ground successfully.
Don hits the nail on the head about why great corporations struggle with Innovation. I've worked at 4 fortune 100 companies in my career so far and I've seen the same trend within the corporations even though they are of different industries (Retail, Technology and Energy).
Absolutely!! I was surprised of how quickly i was able to complete the book.
Nice business book for an MBA student.
The theory was fine. The examples were dated and boring.
Yes, the overall theory holds today.
I am in the Pharma industry. Getting to market fast or first is not always an advantage for us. We don't have the luxury of market first and tinker with improvements second. We have to get the safety and efficacy of drugs pretty close to perfect the first time. Otherwise, our competitors learn from our mistakes and come in behind us and eat us for lunch. This is a concept that was lost in this book.
If you are producing tech gear (main example in the book was hard drives) than this book is more for you.
Bottom line: Know Your Market!
Near the top
Excellent discussion of the challenges of continuing to innovative at a fast pace as companies become successful and large.
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