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What do the Honda Supercub, Intel's 8088 processor, and hydraulic excavators have in common? They are all examples of disruptive technologies that helped to redefine the competitive landscape of their respective markets. These products did not come about as the result of successful companies carrying out sound business practices in established markets. In The Innovator's Dilemma, author Clayton M. Christensen shows how these and other products cut into the low end of the marketplace and eventually evolved to displace high-end competitors and their reigning technologies.
At the heart of The Innovator's Dilemma is how a successful company with established products keeps from being pushed aside by newer, cheaper products that will, over time, get better and become a serious threat. Christensen writes that even the best-managed companies, in spite of their attention to customers and continual investment in new technology, are susceptible to failure no matter what the industry, be it hard drives or consumer retailing. Succinct and clearly written, The Innovator's Dilemma is an important book that belongs on every manager's bookshelf. Highly recommended. --Harry C. Edwards
Book Description
In this revolutionary bestseller, Harvard professor Clayton M. Christensen says outstanding companies can do everything right and still lose their market leadership -- or worse, disappear completely. And he not only proves what he says, he tells others how to avoid a similar fate.
Focusing on "disruptive technology" -- the Honda Super Cub, Intel's 8088 processor, or the hydraulic excavator, for example -- Christensen shows why most companies miss "the next great wave." Whether in electronics or retailing, a successful company with established products will get pushed aside unless managers know when to abandon traditional business practices. Using the lessons of successes and failures from leading companies, The Innovator's Dilemma presents a set of rules for capitalizing on the phenomenon of disruptive innovation.
Find out:
- When it is right not to listen to customers.
- When to invest in developing lower-performance products that promise lower margins.
- When to pursue small markets at the expense of seemingly
- larger and more lucrative ones.
Sharp, cogent, and provocative, The Innovator's Dilemma is one of the most talked-about books of our time -- and one no savvy manager or entrepreneur should be without.
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Revised, updated, and with a new chapter, this book continues to take the radical position that great companies can fail precisely because they do everything right. It demonstrates why outstanding companies lose their market leadership when confronted with disruptive technology--and it explains how to avoid a similar fate. Drawing on insights from a number of industries--such as the computer and disk drive industries, discount retailing, minimills, pharmaceuticals, and the automobile industry--Christensen shows why good management often turns out to be all wrong--and what to do about it.
Customer Reviews:
No Dilemma Here.......2007-08-18
It is the typical manager's nightmare. A startup with a powerful idea wipes out all the dominance your large ogranisation had. It can happen overnite and without warning.
How do you stop this nightmare from happening? Well, the answer could lie in The Innovator's Dilemma.
Kishore Dharmarajan
Author of Eightstorm: 8-Step Brainstorming for Innovative Managers
A disruptive view on innovation.......2007-08-09
Professor Clayton Christensen introduced the term "disruptive innovation" as a management buzzword, the whole book spins around this concept and offers very perturbing views on why being a star performer is a major threat to pass the next opportunity.
First, a definition: disruptive innovations are those that offer "less" in the critical performance parameters of current customers. As a consequence disruptive innovators have to look for different customers than the ones that established companies already have.
To make the point a deep analysis of the hard disk drive industry is made. More than 100 innovations are analysed and only 5 are claimed as being disruptive: the progressive reduction of size from 14", to 8", to 5 1/4", etc. All follow the same pattern: the innovation had lower performance on capacity which was the critical parameter for existing customers and innovators had to find new customers, eg for the 8" drive the mini-computer manufacturers instead of mainframe manufacturers. In fact innovations were so disruptive that almost none of the established companies was able to be successful in the new market. Although current players where by and large able to bring forward the other 100 sustaining inovations without major troubles.
The second part of the book recommends how to make disruptive innovations work, with supporting evidence from examples. This are:
-Create a new organization to deal with the innovation
-Match organization and opportunity size
-Allow the organization to fail rapidly and inexpensively and move on
-Leverage some of the existing resources but not the values and processes of the main organization
-Spend time looking for the right customers rather than the right technology.
The surprising learning is that what impedes that good companies cannot profit from disruptive innovations are that they are good at what they do in their main business not that htey are bad. The hot topic is still when a disruptive innovation is comming how can we spot and capitalise on it, and put ourselves in the dilemma of chosing the best option.
A well laid out, thought provoking and seminal work on innovation.
Repetitive.......2007-06-23
It was a hassle getting through this book, but overall it was worth it. A lot of good lessons learned, but he says the same things over and over again. Read the first and last chapters and you'll be fine.
Business calssic.......2007-06-17
The Innovator's Dilemma by Clayton M. Christensen is a must read book for any person interested in keeping their business moving forward or for any person starting a business. Christensen clearly exposes the traps that cause successful companies to stop innovating and succumb to innovative new firms. The material is presented as a series of fascinating case studies with commentary.
just great book.......2007-05-12
Just great book for those considering start their own business.
Would be helpful for bean counters in large corporations too.
Book Description
This is an interactive book about moral choices for children 6-12. There are 25 stories about moral dilemmas and the reader is asked what he or she would do in that situation. Each story is also followed by thought questions which stimulate great discussions both in the home and in the classroom. The stories are fun for the kids to read and they get them thinking and talking about important moral issues. The book has received excellent reviews and is a wonderful resource for both the home and the classroom.
Customer Reviews:
Good questions but provide no answers.......2007-09-12
The book provides thought provoking questions for kids but answers are not provided in the book. Although I know the right answers I don't the right way to explain it to my kid. Its very important for kids to understand what makes the correct answer "correct". The book is more useful for teachers, but its rather incomplete for parents like me.
Excellent for all ages.......2007-09-11
We have children ranging from 6-11 who all love this book. It has become part of our dinner ritual to choose a story and take turns responding to the ethical challenges.
Kids and parents will love this book.......2000-07-17
This book is such a wonderful way to open up dialogue with yourchildren. They love to tell you what they would do and you get theopportunity to share your values at the same time. I really think this is a wonderful way to talk to your kids about peer pressure and right and wrong so they are prepared to make good decisions when the challenges actually arrive. I highly recommend this book to all parents.
A great book to help teach children decision making........1999-10-10
I really enjoyed this book. There is no right, nor wrong answer. The situations that the child needs to made a decision about, are real life, and believable. I have reccomended this book to all of my teacher friends. Thank you Ms. Humphrey
Average customer rating:
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The Caspian Pipeline Dilemma: Political Games and Economic Losses
Hooman Peimani
Manufacturer: Praeger Publishers
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Binding: Hardcover
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ASIN: 0275970922 |
Book Description
The Caspian Sea region is rich in oil and natural gas and can potentially become a major energy supplier. Despite the interest of the three Caspian countries of Azerbaijan, Kazakhstan, and Turkmenistan, their energy resources have remained mainly undeveloped a decade after their independence. The main factor that has prevented the full development of the Caspian energy resources has been the difficulty of selecting long-term safe, reliable, and economically viable export routes. The three landlocked Caspian countries have no choice but to depend on their neighbors to access international waters for their exports. For many reasons, including internal stability and extensive oil facilities and pipelines, Iran offers the most suitable routes to all three Caspian countries. However, despite the interest of the Caspian energy-exporters, in using this route, the U.S. policy of containment of Iran has prevented them from doing so. For political, economic, and security reasons, the existing in-use Georgian and Russian routes cannot and will not be a long-term solution for energy exports. The insistence of the American government on imposing the expensive and unreliable Turkish route on the reluctant Caspian energy-exporters and its categorical rejection of the Iranian route have created a major obstacle to the development of the Caspian energy industries. As Peimani suggests, if this policy continues, many oil and gas exporters will opt for the Iranian route without regard to existing U.S. punitive legislation. The results could well be the isolation of the U.S. in the Caspian region and a gradual exclusion of American oil companies from the region. This overview will be of interest to scholars, researchers, and policymakers involved with economic and political issues of the region.
Book Description
This is an interactive book about moral choices for ages 8 and up. Thre are 25 stories about moral dilemmas and the reader is asked what he or she would do in that situation. Each story is also followed by thought questions which stimulate great discussions both in the home and in the classroom. The stories are fun for the kids to read and they get them thinking and talking about important moral issues. The book has received excellent reviews and is a wonderful resource for both the home and the classroom.
Customer Reviews:
A great way to share and learn. My Kids and I love it........2000-07-17
I have the first book, "If You Had to Choose, What Would You Do?" and was so glad to see a second written. My kids love these stories. We could easily hear a new one every day. Both books are excellent and I have found them to be a wonderful way to share values and discuss challenges with my kids before they arise, so they are prepared. As a parent, it is so great to hear their perspective too. It is a great tool for teaching and for learning more about your own kids.
Book Description
International humanitarian activities have grown enormously in scale over the past ten years. Alongside this greater experience, the complex links between humanitarian work and the worlds of politics and military engagement have become ever more contested. Through the lens of the Humanitarianism and War Project, Larry Minear explores what international humanitarians - from the UN and national governments, to the Red Cross and the many private relief and development agencies - have learned about how to do humanitarian work well, and the arguments which remain unresolved. With an epilogue on the issues highlighted by the international response to the terrorist attacks of 2001 and the war in Afghanistan, this book will be of interest to anyone wishing to understand the future of humanitarianism in the twenty-first century.
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Education, Cultures, and Economics: Dilemmas for Development (Garland Reference Library of Social Science)
Angela W Little
Manufacturer: RoutledgeFalmer
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Gender, Education and Development: Beyond Access to Empowerment
ASIN: 0815327838 |
Book Description
This edited volume reviews the conflict between economic prescriptions for improved education in the developing world and local cultures. Among the issues reviewed are: conceptions of culture and economics in development and education literature, economic considerations of school systems to promote cultural goals, the differentiation of schools from other sites of cultural reproduction, learning experiences of various cultural groups, and the cross-cultural work of development agencies.
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East Asian Dynamism: Growth, Order, and Security in the Pacific Region (Dilemmas in World Politics) (Dilemmas in World Politics)
Steve Chan
Manufacturer: Westview Press
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Binding: Paperback
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ASIN: 0813317134 |
Book Description
Ostergard argues that developing nations adopt stronger intellectual property rights protection in response to international pressures and not as a basis for economic growth and development. Using a new methodology for the measurement of intellectual property rights protection, Ostergard presents empirical evidence to show that, as developing nations become more integrated into the international economic system, they are faced with greater external pressures to increase intellectual property rights protection. Hence, their decision to adopt stronger intellectual property rights protection is purely political. This runs counter to Western arguments for intellectual property rights based on the assumption that stronger intellectual property rights promote economic growth and development.
Book Description
What's wrong with foreign aid? Many policymakers, aid practitioners, and scholars have called into question its ability to increase economic growth, alleviate poverty, or promote social development. At the macro level, only tenuous links between development aid and improved living conditions have been found. At the micro level, only a few programs outlast donor support and even fewer appear to achieve lasting improvements. The authors of this book argue that much of aid's failure is related to the institutions that structure its delivery. These institutions govern the complex relationships between the main actors in the aid delivery system and often generate a series of perverse incentives that promote inefficient and unsustainable outcomes. In their analysis, the authors apply the theoretical insights of the new institutional economics to several settings. First, they investigate the institutions of Sida, the Swedish aid agency, to analyze how that aid agency's institutions can produce incentives inimical to desired outcomes, contrary to the desires of its own staff. Second, the authors use cases from India, a country with low aid dependence, and Zambia, a country with high aid dependence, to explore how institutions on the ground in recipient countries also mediate the effectiveness of aid. Throughout the book, the authors offer suggestions about how to improve aid's effectiveness. These suggestions include how to structure evaluations in order to improve outcomes, how to employ agency staff to gain from their on-the-ground experience, and how to engage stakeholders as "owners" in the design, resource mobilization, learning, and evaluation processes of development assistance programs.
Book Description
How important is winning, and does it really matter how we win? What do you think determines a person's "worth" -- how much money he or she has? Can you have lots of friends and still be lonely? When other people are telling you what to do, how do you decide what is right for you?
In this sequel to her popular first book, IF YOU HAD TO CHOOSE, WHAT WOULD YOU DO?, psychologist Sandra McLeod Humphrey encourages parents and teachers to talk to children about values and to help them formulate their own personal value system in the face of peer pressure, even when following their own conscience means going it alone. Children can easily identify with the twenty-six scenarios presented, and the questions at the end of each chapter encourage productive, in-depth discussions about the moral choices suggested by each story. Kids will enjoy reading through each short situation and then deciding what they would do.
Books:
- The Journalist And The Murderer
- The Little Book of Plagiarism
- The Moral Imperative of School Leadership
- The Police In America: An Introduction, with "Making the Grade" Student CD-ROM and PowerWeb
- The Possessive Investment in Whiteness: How White People Profit from Identity Politics
- The Power of Focus: How to Hit Your Business, Personal and Financial Targets with Absolute Certainty
- The Prince (Bantam Classics)
- The Reading Coach: A How-to Manual for Success
- Training to See: A Value Stream Mapping Workshop: A Value Stream Mapping Workshop (Lean Enterprise Institute)
- Understanding American and German Business Cultures
Books Index
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