In a recent discussion, panelists who knew the late Harvard professor Clayton Christensen spoke about the profound impact and influence the businessman had in the world in terms of his theories and ideas. [17] He served in several leadership positions in the church, including as an area seventy from 2002 to 2009, a counselor in the presidency of the Massachusetts Boston Mission, and as a bishop. Seeing What's Next: Using Theories of Innovation to Predict Industry Change [Clayton M. Christensen, Erik A. Roth, Scott D. Anthony] on Amazon.com. Clayton Christensen Institute for Disruptive Innovation is an education reform organization based in San Mateo, California and led by Ann Christensen. "Disruption" and "disruptive innovation" concepts. Some of his other books are focused on specific industries and discuss social issues such as education and health care. in 1977. The theory explains the phenomenon by which an innovation transforms an existing market or sector by introducing simplicity, convenience, accessibility, and affordability where … ... Mr Christensen, who died of leukaemia on January 23rd, aged 67, was endlessly seeking answers. The concept has been growing in interest over time since 2004, according to Google Trends' data. The Innovator's Dilemma. “The New Yorker article — “The Disruption Machine: What the gospel of innovation gets wrong” — was written by another Harvard faculty member, Jill Lepore, a historian and staff writer at the New Yorker. Few academic management theories have had as much influence in the business world as Clayton M. Christensen's theory of disruptive innovation. [14], Christensen and his wife Christine (née Quinn) married in 1976. Theory-Action-Review cycles from Evaluating Clayton Christensen and Disruptive Technologies – 27 June 2006 30 Alex Burns (alex@alexburns.net). The extendable core: How do you know how big a particular threat to your business actually is? It outlines several classic examples — primarily disk drives, along with Apple and Digital Equipment Corporation — to show that there is a pattern big companies should pay attention to. Disruptive innovation, a term of art coined by Clayton Christensen, describes a process by which a product or service takes root initially in simple applications at the bottom of a market and then relentlessly moves up market, eventually displacing established competitors. “Surviving Disruption” helps you calculate the strengths of your own potential disrupter’s business model along with your own relative advantages and determine what conditions could keep your disrupter from triumphing. Disruptive Innovation describes a process by which a product or service initially takes root in simple applications at the bottom of a market—typically by being less expensive and more accessible—and then relentlessly moves upmarket, eventually displacing established competitors. In the decades since Clayton M. Christensen first shared his Theory of Disruptive Innovation with the world, his thinking has led to the creation of billions of dollars of revenue, hundreds of companies, and an entirely new paradigm for how industry entrants upend established giants. Harvard Business School Professor Clayton Christensen is the architect of and the world’s foremost authority on disruptive innovation. Clayton M. Christensen, widely regarded as one of the world’s top experts on innovation and growth and author of the theory of disruptive innovation, says executives often fail because they study the wrong product and customer data, which leads them to unwittingly design innovation processes that “churn out mediocrity.” Disrupting Class (2008) looks at the root causes of why schools struggle and offers solutions, while The Innovator's Prescription (2009) examines how to fix the American healthcare system. [19], In February 2010, Christensen was diagnosed with follicular lymphoma,[20] and in July 2010 he had an ischemic stroke that damaged his speech and required him to undergo speech therapy. Silicon Valley has disrupted disruptive innovation, and Clayton Christensen isn’t happy about it. After completing his doctorate, Christensen joined the Harvard Business School's faculty and set a record by achieving the rank of "full" professor in only six years. Clark. What makes good management theory: By testing a business theory with the scientific method — by conducting a reality check — we can learn whether the theory will really help us predict the future. Clayton M. Christensen is best known for his theory of disruptive innovation, in which he warns large, established companies of the danger of becoming too good at what they do best. Business model innovation: Product innovations might be necessary, but to be truly disruptive, they often need to be delivered to the market through new business models. Here we present some of his seminal HBR pieces through an adaptation of the introduction to the book The Clayton M. Christensen Reader. In “How Will You Measure Your Life?” he uses concepts from business to challenge readers to manage their careers and personal lives in a way that leads to lasting satisfaction. Christensen, Clayton M.; Bartman, Tom; van Bever, Derek (September 2016). In his book, The Innovator's Dilemma, Professor Clayton Christensen of Harvard Business School describes a theory about how large, outstanding firms can fail "by doing everything right." [21][22] In 2011, Christensen published two books: The Innovative University[23] and The Innovator’s DNA (Harvard Business Press). Clayton Christensen has been the undisputed expert on Disruptive Innovation. In Christensen’s 2003 book, The Innovator's Solution: Creating and Sustaining Successful Growth, Christensen summarizes a set of theories that can guide managers trying to grow new businesses with predictable success. In Understanding the complete works of Christensen on Innovation, I pieced together Clayton’s theories to be understood holistically – from the beginning to now.In this post, I review the criticism against his theories with the goal of further strengthening the understanding and the use of critical thinking when working with his theories. Their eldest son, Matthew Christensen (b. “If I’d been suckered into telling Andy Grove what he should think about the microprocessor business, I’d have been killed. Clayton Christensen, one of the most influential business management thought leaders of a generation, prolific author revered for his revolutionary theory of … ... (the Clayton Christensen Institute), and launched consulting and investing firms. After graduating from high school in 1970, Christensen was accepted to Harvard University, Yale University, and Brigham Young University (BYU). The inspiration for Clayton M. Christensen’s seminal theory on disruptive technology came from watching the Digital Equipment Corporation’s fall in 1988. [7] He grew up in the Rose Park neighborhood of Salt Lake City and attended West High School, where he was student body president. But the failure rate of M&A is somewhere between 70% and 90%. Clayton Christensen, Robert and Jane Cizik Professor of Business Administration at the Harvard Business School, describes how disruptive companies ... Christensen extends his theory from the business realm to higher education. Image courtesy of Jason Grow. 183–213). After graduating from BYU, Christensen won a Rhodes Scholarship and spent two years studying applied econometrics at Oxford's Queen's College, receiving an M.Phil. In a recent discussion, panelists who knew the late Harvard professor Clayton Christensen spoke about the profound impact and influence the businessman had in the world in terms of his theories and ideas. 1977), was a member of Duke University's 2001 National Championship basketball team. How could the management team that had been rightfully lauded for its brilliance by every popular business publication have stumbled so badly? Clay was named the World’s Most Influential Business Management Thinker in 2011 and 2013. A personal strategy: Christensen extends his examination to the personal realm, arguing that bad things sometimes happen to good people because those people lack a strategy for their lives. • Christensen, Clayton M.; Bower, Joseph L. (January–February 1995), "Disruptive technologies: catching the wave", Harvard Business Review Here Christensen runs Digital Equipment Corporation through his framework to show how it can be used to explain that company’s infamous reversal of fortune. [1][2] Christensen introduced "disruption" in his 1997 book The Innovator's Dilemma, and it led The Economist to term him "the most influential management thinker of his time. Jill Lepore, a professor of history at Harvard and writer for the New Yorker, has written a critique of Clayton Christensen’s theory of disruptive innovation that is worth thinking through.Christensen’s The Innovator’s Dilemma (the dilemma is for firms to continue making the same decisions that made them successful, which will lead to their downfall) has been incredibly influential … Christensen was a deliberate storyteller, and his business examples serve as parables; compelling and memorable, they give readers the context to apply his ideas to their own industries. Clayton Christensen, founder of the disruptive innovation theory, attends the Tribeca Disruptive Innovation Awards during the 2012 Tribeca Film Festival. His theories have been relevant to me in my interests of entrepreneurship, product management, and trying to articulate world’s problems.. Disruptive Technologies: Catching the Wave, Meeting the Challenge of Disruptive Change, Marketing Malpractice: The Cause and the Cure, Innovation Killers: How Financial Tools Destroy Your Capacity to Do New Things, Why Hard-Nosed Executives Should Care About Management Theory. [7] In 1982, he was named a White House Fellow and took a one-year leave of absence from BCG to work in Washington, D.C. as an assistant to the U.S. Secretary of Transportation, serving under both Drew Lewis and Elizabeth Dole. Companies need to consider whether they are really after business model reinvention or are simply looking to bolster their current model. Coauthored with James Allworth and Karen Dillon, the book explains how well-tested academic theories can help us find meaning and happiness not just at work, but in life. Clayton M. Christensen, a prominent Utah-born business theorist and consultant, devout Latter-day Saint and framer of the influential concept of “disruptive innovation,” died Thursday. Clayton M. Christensen, a prominent Utah-born business theorist and consultant, devout Latter-day Saint and framer of the influential concept of “disruptive innovation,” died Thursday. Before surveying and interviewing experts on each of the 77 cases, we identified four key elements of the theory of disruption: (1) that incumbents in a market are improving along a trajectory of sustaining innovation, (2) that they overshoot customer needs, (3) that they possess the capability to respond to disruptive threats, and (4) that incumbents end up floundering as a result of the disruption. The organization was founded as the Innosight Institute in 2009 by Harvard Business School professor Clayton Christensen, Michael Horn and Jason Hwang to create a continuing discussion of public education and health research. If playback doesn't begin shortly, try restarting your device. Organizational structure: “Meeting the Challenge of Disruptive Change” describes how leaders can structure their organizations to allow the kinds of innovation that stave off disruption. In “What is Disruptive Innovation?” Christensen and his coauthors revisit the essential concepts, show the importance of using the term precisely, and share what they have learned from two decades’ application of the idea in the field. Disruptive innovation, revisited: The ideas summed up in the phase “disruptive innovation” have become a powerful part of business thinking in the 20 years since they were introduced — but they’re in danger of losing their usefulness, because they’ve been misunderstood and misapplied. World-renowned innovation expert Clayton M. Christensen explores the personal benefits of business research in the forthcoming book How Will You Measure Your Life? A renowned Harvard Business School professor (he loved to teach, above all else). The latter two books have received numerous awards as the best books on education and health care in their respective years of publication. Clay Christensen, Harvard Business School professor and the world's most influential management guru according to the Thinkers50, lays out his landmark theory. [10], After receiving his MBA in 1979, Christensen began working for Boston Consulting Group (BCG) as a consultant and project manager. But more importantly, they recalled the Latter-day Saint’s empathetic nature and his desire to serve individuals on a personal level. Still, unlike most management theories, which live and die like fruit flies, his will outlast him. In “Reinventing Your Business Model,” Christensen and his coauthors describe how to determine if your company needs a new business model and what makes one successful, using examples ranging from Apple’s iTunes to CVS’s MinuteClinics. The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail, generally referred to as The Innovator's Dilemma, first published in 1997, is the best-known work of the Harvard professor and businessman Clayton Christensen. Clayton Magleby Christensen (April 6, 1952 – January 23, 2020) was an American academic and business consultant who developed the theory of "disruptive innovation", which has been called the most influential business idea of the early 21st century. Reading Christensen’s original Harvard Business Review articles on disruption yields a more accurate picture of his theory and how businesses can prepare for and overcome the threat he describes. But more importantly, they recalled the Latter-day Saint’s empathetic nature and his desire to serve individuals on a personal level. He was also a moving force behind the creation of For All The Saints, a book by Kristen Smith Dayley on the history of the LDS Church in New England, published in 2012 to which Christensen wrote the foreword. Clayton M. Christensen, widely regarded as one of the world’s top experts on innovation and growth and author of the theory of disruptive innovation, says executives often fail because they study the wrong product and customer data, which leads them to unwittingly design … https://www.hbs.edu/news/releases/Pages/clayton-christensen-obituary.aspx Few academic management theories have had as much influence in the business world as Clayton M. Christensen's theory of disruptive innovation. Clayton M. Christensen is best known for his theory of “disruptive innovation,” but he published a number of seminal articles on management, exploring everything from organizational structure to product innovation; financial tools to mergers and acquisitions. 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