The Innovator's Dilemma explores the complexities of managing innovation in a rapidly changing business landscape from "summary" of The Innovator's Dilemma by Clayton Christensen
Clayton Christensen's exploration of managing innovation in a rapidly changing business landscape delves into the intricate challenges that organizations face when trying to adapt to disruptive technologies. The concept he presents is rooted in the idea that successful companies can often fail to innovate because they are too focused on meeting the needs of their existing customers. This focus on sustaining innovations can blind them to the potential of disruptive technologies that may initially serve smaller or different markets.
Christensen argues that the very practices that lead to success in the short term can become liabilities in the face of disruptive innovation. Established companies tend to prioritize improving their existing products and services, which can make it difficult for them to invest in new technologies that may not have an immediate payoff. As a result, they may miss out on opportunities to capitalize on emerging trends and ultimately lose the...
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