The Innovator's Solution: Creating and Sustaining Successful Growth @ richardeward.com

The Innovator's Solution: Creating and Sustaining Successful Growth
by Clayton M. Christensen, Michael E. Raynor
from Harvard Business School Press

Customer Reviews:

• Avg. Customer Rating: 4.5 / 5.0

• 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 transistor radio... more info

• 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... more info

• 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 flight... more info

• 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... more info

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