Because of the disruption phenomenon - technological progress outstripping the ability of customers to utilize it - the general tendency is for the money to migrate toward the subsystems. Clayton Christensen More Quotes by Clayton Christensen More Quotes From Clayton Christensen Intimate, loving, and enduring relationships with our family and close friends will be among the sources of the deepest joy in our lives. Clayton Christensen intimate close-friends joy Justification for infidelity and dishonesty in all their manifestations lies in the marginal cost economics of “just this once. Clayton Christensen infidelity cost lying Disruptive technology is a theory. It says this will happen and this is why; it's a statement of cause and effect. In our teaching we have so exalted the virtues of data-driven decision making that in many ways we condemn managers only to be able to take action after the data is clear and the game is over. In many ways a good theory is more accurate than data. It allows you to see into the future more clearly. Clayton Christensen data technology teaching Another thing I've observed is how critical the role of the CEO is when a technology truly is disruptive. In looking back on companies that have successfully launched independent disruptive business units, the CEO always had a foot in both camps. Never have they succeeded when they spin something off in order to get it off the CEO's agenda. The CEOs that did this had extraordinary personal self-confidence, and almost always they were the founders of the companies. Clayton Christensen self-confidence independent technology If the technology is disruptive, on the other hand, the odds are that at the end of the transition, the leaders will have been toppled and new companies will be on top. Clayton Christensen technology odds hands If you study the root causes of business disasters, over and over you'll find this predisposition toward endeavors that offer immediate gratification. Clayton Christensen causes over-you roots If the theory accurately predicts what they [scientists] see, it confirms that it's a good theory. If they see something that the theory didn't lead them to believe, that's what Thomas Kuhn calls an anomaly. The anomaly requires a revised theory - and you just keep going through the cycle, making a better theory. Clayton Christensen scientist anomalies believe It is when the product is not good enough that proprietary integration gives you a competitive edge. You cannot outsource and be competitively successful in this situation. But at the other end, where standard components assembled in standard ways can yield acceptable performance, you must outsource. Clayton Christensen yield successful giving If you want to make better theory, you've got to use the best that's available and look through the lens of another discipline to see if you can uncover more anomalies. By looking at the phenomena of failure from the perspective of sales, marketing, finance, general management, and the equity markets, I was able to see things that Rebecca [Henderson] hadn't. Clayton Christensen perspective discipline marketing Whenever we have thanked these men and women for what they have done for us, without exception they have expressed gratitude for having the chance to help - because they grew as they served. Clayton Christensen gratitude grateful men In our lives and in our careers, whether we are aware of it or not, we are constantly navigating a path by deciding between our deliberate strategies and the unanticipated alternatives that emerge. Clayton Christensen alternatives careers path There are direct paths to a successful career. But there are plenty of indirect paths, too. Clayton Christensen careers successful path Every time you take someone figuratively by the hand and introduce him or her to Jesus Christ, you will feel how deeply our Savior loves you and loves the person whose hand is in yours. Clayton Christensen love-you hands jesus Disruption is, at its core, a really powerful idea, but everyone hijacks the idea to do whatever they want now. Clayton Christensen powerful want ideas Because we employ no professional preachers, it means that every sermon or lesson in church is given by a regular member - women and men, children and grandparents. Clayton Christensen men mean children We decided that humility was defined not by self-deprecating behavior or attitudes but by the esteem with which you regard others... Generally, you can be humble only if you feel really good about yourself - and you want to help those around you feel really good about themselves, too. Clayton Christensen humility humble attitude There's usually some process by which a potentially great idea gets prostituted into something lacklustre, or by which the wrong idea gets put forward. Clayton Christensen business process ideas I don't view it as mystic. I believe that God is our father. He created us. He is powerful because he knows everything. Therefore everything I learn that is true makes me more like my father in heaven. When science seems to contradict religion, then one, the other, or both are wrong, or incomplete. Truth is not incompatible with itself. When I benefit from science it's actually not correct for me to say it resulted from science and not from God. They work in concert. Clayton Christensen powerful believe father I have been blessed to see visions of eternity; and events in my future that have been important for me to foresee, have been revealed to me. Clayton Christensen vision important blessed Children build self-esteem by doing things that are hard and learning what works. Clayton Christensen things-that-are-hard self-esteem children