The late Clayton Christensen was a well-known Harvard Business School professor who wrote extensively on innovation and disruptive technologies. Two of his most influential works are “The Innovator’s Dilemma” and “The Innovator’s Solution.”
In “The Innovator’s Dilemma,” Christensen argues that established companies often fail to innovate because they are too focused on satisfying the needs of their existing customers and improving their current products, rather than exploring new and potentially disruptive technologies. He introduces the concept of disruptive innovation, which occurs when a new technology or business model disrupts an existing market by offering a simpler, more convenient or cheaper alternative to the current product or service.
In “The Innovator’s Solution,” Christensen provides a framework for successful innovation, outlining a set of principles and strategies that companies can use to create and capture value through disruptive innovation. He emphasizes the importance of identifying and addressing customers’ unmet needs and developing a business model that enables the company to profit from the innovation.
Overall, Christensen’s works highlight the importance of innovation and the need for established companies to adopt a flexible, entrepreneurial mindset to stay competitive in a rapidly changing market.
