Steve Jobs and Apple taught us that profit is not the ultimate goal, but rather a consequence of something greater. Clayton Christensen More Quotes by Clayton Christensen More Quotes From Clayton Christensen 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 tendenciesprogressdisruption In my first career I had founded my own company, with a group of MIT professors, before coming to Harvard to finish my doctorate, and so I had a deep respect for the brains, talent, and dedication of managers. That made it hard for me to believe the attributions in the business press that stupid management was to blame. So I looked elsewhere for an explanation. Clayton Christensen dedicationstupidbelieve When product performance outstrips the ability of customers to use that performance in an industry, the competitive game changes. Under those circumstances you have to decouple components businesses from assembly businesses. Clayton Christensen assemblyusegames The transformation at the corporate level was achieved by selling off business units in old markets and by creating new business units to pursue the new opportunities. But the individual business units themselves within those transformed corporations were almost inert to change. Clayton Christensen creatinglevelsopportunity Capitalism has taught us that markets are always more efficient than hierarchical managerial coordination. But in a situation where those three conditions aren't met, I can't outsource or partner with you because markets don't function in the absence of sufficient information. Clayton Christensen taught-usinformationthree It's like in biological evolution: The population will evolve, even though individuals can't. The same thing happens in the corporate world: The population of business units within corporations evolves, even though individual business units can't. That's because the capabilities of business units reside in their processes and their values, and by their very nature, processes and values are inflexible and meant not to change. Clayton Christensen corporationspopulationworld The first thing is to look at disruptive technology as a growth opportunity and not as a threat, in almost every case, a disruptive technology enables a larger population of less skilled people to do things that historically only an expert could do. Clayton Christensen
