The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail

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The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail
by Harvard Business School Press
from McGraw-Hill

Customer Reviews:

• Avg. Customer Rating: 4.5 / 5.0

• Grow or Die
  The great irony here is the astonishing failure rate of apparently successful incumbents.
  These so-called great companies do an excellent job responding to their customers' needs. They invest heavily in new technology. They employ the smartest executives. And yet they still get wiped out by upstarts.
  That the Innovator's Dilemma is a business book is purely incidental. While the business-related insights in the book are extraordinary, they don't account for its real value.
  This book is... more info

• Why Big Companies Miss Opportunities
  This book starts by looking at why leading, well-run companies miss the boat when it comes to certain types of key innovations. The author shares 5 principles that are largely responsible-
  1. Companies depend on customers and investors for resources
  2. Small markets don't solve growth needs of large companies
  3. Markets that don't exist can't be analyzed
  4. An organization's capabilities define its disabilities
  5. Technology supply may not equal market demand
  Each of these... more info

• every product manager must read this
  OK, I admit, some of it can be a bit boring, especially the first couple of chapters. But the premise and his argument are great.
  A product manager who has not read this book is not a product manager at all!

• unconvincing
  This book analyzes why established successful companies repeatedly miss "less sensible" (to their own value network) innovations in the low-end "emerging" market and how products in the low end market eventually displace existing products in the entire market. The book does a comprehensive analysis of the phenomena.
  However, I am not convinced with the analysis. People make wrong forecasts of trends and miss emerging markets for many reasons. New entrants fail in trial and error with this extremely... more info

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