The Innovator’s Dilemma: When New Technologies Cause Great Firms to Fail
Author: Clayton M. Christensen
The Innovator’s Dilemma is a groundbreaking business book that explores why successful companies often fail when disruptive technologies emerge. Clayton M. Christensen introduces the concept of disruptive innovation, explaining how new, lower-cost, and initially inferior technologies can eventually overtake well-established market leaders.
This book is essential reading for entrepreneurs, business leaders, and anyone interested in innovation and technological change.
Why The Innovator’s Dilemma is a Must-Read
Revolutionary Business Insights – Learn why even well-managed companies can struggle with disruptive change.
Real-World Case Studies – Christensen provides examples from industries like computing, automobiles, and healthcare.
Applicable to Entrepreneurs & Leaders – Helps businesses navigate innovation without being left behind.
Key Concepts from The Innovator’s Dilemma
Disruptive Innovation – New technologies that start small but eventually reshape industries.
Sustaining vs. Disruptive Technologies – How market leaders focus on incremental improvements while startups introduce game-changing innovations.
The Dangers of Listening to Customers – Why focusing only on existing customers can prevent companies from embracing new opportunities.
Why Big Companies Fail – Large firms often reject disruptive technologies because they seem unprofitable at first.
How to Stay Competitive – Strategies for businesses to embrace innovation and avoid obsolescence.
Memorable Quotes from The Innovator’s Dilemma
"Markets that don’t exist can’t be analyzed."
Sinhala Translation: "පවතින නැති වෙළඳපොළ ගණනය කළ නොහැක."
Tamil Translation: "இல்லாத சந்தைகளை பகுப்பாய்வு செய்ய முடியாது."
"The same practices that lead to success can also lead to failure."
"Disruptive technologies bring something different. They are initially lower-performing but cheaper and more accessible."
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Book Details
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Title: The Innovator’s Dilemma: When New Technologies Cause Great Firms to Fail
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Author: Clayton M. Christensen
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ISBN: 9781633691780
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Publisher: Harvard Business Review Press
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Published Year: 1997 (Updated Editions Available)
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Number of Pages: 320
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Binding: Paperback
