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 Home > Books > The Innovator's Solution: Creating and Sustaining Successful Growth

Book The Innovator's Solution: Creating and Sustaining Successful Growth
The Innovator's Solution: Creating and Sustaining Successful Growth
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List Price: $29.95
Our Price: $20.37
You Save: $9.58 (32% Discount)
Used & New from: $13.95
Publisher: Harvard Business School Press
Authors: Clayton M. Christensen, Michael E. Raynor
Release Date: September-2003
Availability: Usually ships in 24 hours
Rating: 4.4 out of 5 stars (24 Reviews)
Sales Rank: 653
ISBN: 1578518520


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Media: Hardcover

 Customer Reviews
 
5 out of 5 stars A must for product developers

In this book, Christensen and Raynor argue that disruptive technologies (those technologies with a great potential, like for example: LCD displays, 802.11 wireless protocols, Linux OS, etc) are stall in some companies because of their own culture. The authors explain how innovation can be a predictable process that delivers sustainable and profitable growth. They identify the forces that cause managers to make bad decisions and present their ideas and a new framework to help product developers to create the right conditions, at the right time, for a disrupting-technology to succeed in the company and the market.

They provide real-life examples from many different companies (companies like IBM, AT&T, Sony, Microsoft, and others) that sustain their claims. The authors recommend in the book a mix of sustaining innovations, outsourcing of commoditized products, and recognition and development of disruptive technology-based products.

This book identifies the processes that create successful innovations and the most important thing is the strategies that can be applied in your own project.



3 out of 5 stars Understands the problem but not the solution. Impractical.

This book makes a prescription. It's a pretty simple one. Make sure innovation happens. Hire people to cannibalize the business you are in. Back those people. I will say flatly it is simple-minded.

Another strategy is for a company to get in on disruptive technologies by participating in a venture capital pool in their sector. That's an insurance policy, and a win-win all the way around. They can get a look at what is coming at them and so they can make plans for what the future life of their current line is likely to be - invaluable business intelligence. If the competition is really a disrupter, they get the big payoff from their venture capital investment. Heads they win, tails they win.

This book has a good description of how things work, but the prescription isn't terribly useful. It indicates just how lacking in real world experience Mr. Raynor is.



4 out of 5 stars Very good explanation of the solution

This is easier to read than the Innovators Dilemma. There is a more varied range of Product and Industry case studies, which helps to show how broadly this theory can be applied.

What I did like is how he covers the footnotes at the end of each Chapter - so if they don't interest you, you can skip over them, but if they do interest you, then you don't have to struggle to the back of the book. I wish more authors & publishers would use that technique.

One quibble - given his Economics background, he suggests that having competing phone standards is not wasteful. Only an Economist would say that. A Consumer finds it frustrating. He has the good grace to suggest in a footnote that some readers might take issue with him, and I am one. He belittles the benefit of schoolgirls from Sweden using their phone on vacation in Spain, but I can vouch that being able to readily check on the safety of my teenage daughters when they're in foreign Countries for over 10% of the year is a definite benefit!

Given his Economics background - of course there are plenty of graphs, and 99% of them are straight lines - there are no time dependent variances in his world. Also some silly proof-reading slips, such as a "semi-log" graph being described as "semi- long".

Probably still worth reading the Innovators Dilemma before reading this one, just to get the theory.


  
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