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The Innovator's Solution: Creating and Sustaining Successful Growth Books
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Binding: Hardcover
Dewey Decimal Number: 658.4063
EAN: 9781578518524
ISBN: 1578518520
Label: Harvard Business School Press
Manufacturer: Harvard Business School Press
Number Of Items: 1
Number Of Pages: 288
Publication Date: 2003-09
Publisher: Harvard Business School Press
Sales Rank: 4775
Studio: Harvard Business School Press




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Editorial Review:

Product Description:


In the worldwide bestseller The Innovator's Dilemma, Clayton M. Christensen exposed a crushing paradox behind the failure of many industry leaders. By doing what good companies were supposed to do-focus on pleasing their most profitable customers-leaders were paving the way for their own demise. How? By ignoring "disruptive technologies"-new, cheaper innovations that initially target small customer segments but evolve to displace the reigning product.

Now, Christensen and coauthor Michael E. Raynor cut the Gordian knot of the "innovator's dilemma" with The Innovator's Solution. This groundbreaking book reveals that innovation is not as unpredictable as most managers have come to believe. While the outcomes of past innovations seem random, the process by which innovations are packaged and shaped within companies is very predictable. By understanding and managing the forces that influence this process, companies can shape high-octane business plans that create truly disruptive growth.

Drawing on years of in-depth research and using new theories tested in hundreds of companies across many industries, the authors identify the processes that create successful innovations, and show managers how to tailor their strategies to the changing circumstances of a dynamic world.

Comprehensive yet practical, The Innovator's Solution is an actionable prescription for innovation-driven, profitable growth.




"A good business book makes managers stop and think. A great business book teaches managers how to stop and think. This is a great book. It is hard to imagine an executive team that would not benefit from devoting an entire day to discussing it."




-Geoffrey Moore, Chairman and Founder, TCG Advisors, and author, Crossing the Chasm and Living on the Fault Line

"In The Innovator's Solution, Christensen and Raynor address the holy grail of all organizations: how to generate growth and sustain it over long periods. Avoiding the temptation to provide simplistic formulas, they guide the reader through carefully constructed frameworks that teach how to think about the issues that limit-and provide-growth to organizations."




-Dr. Andrew S. Grove, Chairman of the Board, Intel

"Christensen and Raynor have done a superb job of creating a framework for helping to understand the industry dynamics and for planning your own growth alternatives."




-Pekka Ala-Pietilä, President, Nokia Corporation

"Singapore, as a small nation, needs to be innovative and sensitive to disruptive changes more than other countries. Christensen and Raynor have provided an excellent framework to reduce the randomness of the innovation process. This framework will help in our effort to nurture an environment conducive for enterprises to create and capitalize on disruptive innovations."




-Teo Ming Kian, Chairman, Singapore Economic Development Board

"The Innovator's Solution goes directly to the heart of why large companies have failed to sustain innovation. Christensen and Raynor have a deep insight into the challenges that innovative companies face, and they propose practical, realistic solutions to the dilemmas of innovation. This book will be extremely useful to all managers who are committed to using innovation to sustain their growth."




-Bill George, former Chairman and CEO, Medtronic, Inc.






Customer Reviews
Average Rating:  out of 5 stars

Rating: 4 out of 5 stars - Iwant answers, not problems?
I assume you're interested in this book because it's a shortcut: we hear that a business can be undermined by [initially] unattractive innovations, aka the innovator's dilemma. But what do we do about it?

The answer is to create those innovations, of course. The proposal is to create small business units, since the initial returns will be small, then make sure they rapidly become _profitable_. Even better, create a new market instead of improving an existing product. A crappy sounding ... Read More



Rating: 5 out of 5 stars - the real thing
As CEO of LMS Technical for 28 years, my use of books to help me plan, sustain and improve my business has been a priority. Introduced to this book by my daughter who is presently a student of Christensen, I was skeptical that a "Harvard" read would be too far off the track for a small consulting firm like ours. WRONG! For the past two months, the application of his core beliefs had led our firm to re-direct our postioning and re-think our 2 year goals. A major disruption of delivery of IT network support ... Read More



Rating: 5 out of 5 stars - Disruptive Innovations Key to Spicing Up Competition
Clayton Christensen and Michael Raynor set the tone immediately by showing that most companies cannot sustain growth and by explaining to readers how stock markets factor in growth in the price of any publicly-traded stock. Growing faster than what stock markets see now and expect in the future is essential to move up a stock price.

The resource allocation process is the key culprit in humbling many market leaders when dealing with disruptive innovations. That process typically invites up-market ... Read More



Rating: 5 out of 5 stars - Motivation assymetries
Already a business classic, this book does not disappoint. Picking up from where the 'Innovator's Dilemma' left off, Christensen and Raynor examine in detail the barriers towards innovation and growth. Perhaps surprisingly, the concepts discussed are as applicable to large enterprises as they are to one man startups. The problem is one and the same - enterprise readers will learn about the pitfalls of institutionalized processes and sustaining innovation; startup teams will learn how to position their products ... Read More



Rating: 5 out of 5 stars - The Purpose of Your Product
Exceptional. Who wants their customers to rave about their products and services? Who wants to know "exactly" what your customers need? Who wants to experience revenue growth for their company? If you answered yes to these then the "Innovator's Solution" is a MUST READ. Clayton Christensen and Michael Raynor have taken us back to the fundamental issue facing a company... that being "what job does my product or service satisfy?" Moving away from features, advantages and benefits and back to the basics of so ... Read More





 



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