About the authorsThe Innovator's Solution |
Clayton M. Christensen, D.B.A., is the Robert and Jane Cizik Professor of Business Administration, with a joint appointment in Technology and Operations Management and General Management, at the Harvard Business School.
Michael E. Raynor is a Director in Deloitte Research, the thought leadership arm of Deloitte.
Michael has worked with some of the firm's most significant clients on corporate and competitive strategy issues across a broad range, including telecommunications, financial services, energy and health care. He joined the firm following his graduation from the doctoral program at the Harvard Business School, where he was awarded the George S. Dively Memorial Award for research excellence. His current research focuses on corporate strategy and innovation.
Dr. Raynor has published extensively in managerial and academic journals, including the Harvard Business Review, Optimize, Long Range Planning, the Journal of Applied Corporate Finance, the Journal of Business Strategy and Engineering Economist. He holds an undergraduate degree in Philosophy from Harvard University where he was a John Harvard Scholar and an MBA from the Ivey Business School at the University of Western Ontario in London, Canada where he was awarded the Nelson M. Davis Memorial Scholarship. He lives in Toronto.
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 co-author Michael E. Raynor cut the Gordian knot of the "innovators 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 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.
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