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The Innovator's Solution: Creating and Sustaining Successful Growth [Kindle Edition]

Clayton M. Christensen , Michael E. Raynor
4.5 out of 5 stars  See all reviews (90 customer reviews)

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Book Description

A seminal work by bestselling author Clayton M. Christensen.

In his international bestseller The Innovator's Dilemma, Clayton M. Christensen exposed this crushing paradox behind the failure of many industry leaders: by placing too much focus on pleasing their most profitable customers, these firms actually paved the way for their own demise by ignoring the disruptive technologies that aggressively evolved to displace them. In The Innovator’s Solution, Christensen and coauthor Michael E. Raynor help all companies understand how to become disruptors themselves.

Clay Christensen (author of the award-winning Harvard Business Review article, “How Will You Measure Your Life?”) and Raynor not only reveal that innovation is more predictable than most managers have come to believe, they also provide helpful advice on the business decisions crucial to truly disruptive growth. Citing in-depth research and theories tested in hundreds of companies across many industries, the authors identify the processes that create successful innovation—and they show managers how to tailor their strategies to the changing circumstances of a dynamic world.

The Innovator’s Solution is an important addition to any innovation library.

Published by Harvard Business Review Press.


Editorial Reviews

From Publishers Weekly

Christensen (The Innovator's Dilemma) analyzes the strategies that allow corporations to successfully grow new businesses and outpace the other players in the marketplace. Christensen's earlier book examined how focusing on profits can destroy even well-run corporations, while this book focuses on companies expanding by being "disruptors" who are able to outpace their entrenched competition. The authors (Christensen is a professor at Harvard Business School and Raynor, a director at Deloitte Research) examine the nine business decisions integral to growth, including product development, organizational structure, financing and key customer base. They cite such companies as IBM, AT&T, Sony, Microsoft and others to illustrate their points. Generally, the writing is clear and specific. For example, in discussing whether a company has the resources necessary for growth, the authors say, "In order to be confident that managers have developed the skills required to succeed at a new assignment, one should examine the sorts of problems they have wrestled with in the past. It is not as important that managers have succeeded with the problem as it is for them to have wrestled with it and developed the skills and intuition for how to meet the challenge successfully the next time around"; they then provide a real-life example of a software company. Similar important strategies give readers insights that they can use in their own workplaces. People looking for quick fixes may find the charts, diagrams and extensive footnotes daunting, but readers familiar with more technical business management tomes will find this one both stimulating and beneficial.
Copyright 2003 Reed Business Information, Inc.

Review

“The process of Low End Disruption is beautifully described in Clayton Christensen’s series of books: The Innovator’s Dilemma, The Innovator’s Solution and The Innovator’s DNA. If you haven’t read them, you should. What’s amazing about these books is not only how important their conclusions are but how well researched they are.” — TechCrunch

Product Details

  • File Size: 957 KB
  • Print Length: 304 pages
  • Publisher: Harvard Business Review Press; 1 edition (October 9, 2003)
  • Language: English
  • ASIN: B004OC07GW
  • Text-to-Speech: Enabled
  • X-Ray:
  • Lending: Not Enabled
  • Amazon Best Sellers Rank: #231,194 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Customer Reviews

Most Helpful Customer Reviews
131 of 150 people found the following review helpful
5.0 out of 5 stars In Praise of a Disruptive Innovation Theory October 9, 2003
Format:Hardcover
The first two chapters of this book are so well thought out and beautifully written that reading them literally made my muscles ache and toes curl. I've never had that strong a reaction to any portion of a business book before.
The Innovator's Solution builds on Professor Christensen's landmark book, The Innovator's Dilemma, and explains how managers can overcome the bias he described in the earlier book toward being blindsided by new entrants bringing disruptive technology and products to bear.
There's so much good material in The Innovator's Solution that it is hard to fairly summarize it.
Let me attempt to give you an overview. The authors point out, based on the studies of others, that few large companies are able to grow faster than average. Worse still for managers, they point out that studies of those few which have grown faster are often contradictory in their findings. Best practices may be nothing more than an accidental reaction to a temporary situation. The authors go on to create a generalized theory of what needs to be done in every situation that a company may face in creating and responding to disruptive technologies and products. It's as though Michael Porter had taken his tomes on competitive advantage and provided a single theory for when to apply what. As such, this is one of the most advanced books for creating management processes for using disruptive technologies and business models to discomfit the competition in profitable ways.
Appreciating Figure 2-3 on page 44 is worth the price of the book alone. The authors have created a graphic to explain how markets develop in growth and competitive characteristics. No one who ever sees this graphic depiction will ever think about competitive and development strategies in the same way again.
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43 of 50 people found the following review helpful
5.0 out of 5 stars Certain to Become a Business "Classic" September 25, 2003
Format:Hardcover
In a previous work, The Innovator's Dilemma, Christensen examines why so many companies fail to remain competitive "when they confront certain types of market and technological change....the good companies -- the kinds that many managers have admired for years and tried to emulate, the companies known for their abilities to innovate and execute....It is about well-managed companies that have their competitive antennae up, listen astutely to their customers....invest aggressively in new technologies, and yet they still lose market dominance." According to Christensen, the innovator's dilemma occurs when the logical, competent decisions of management which are critical to the success of their companies are also the reasons why they lose their positions of leadership. I wholly agree with Christensen that a given problem must first be fully understood before efforts to solve it are initiated. The challenge is even greater when the given problem poses a dilemma which (in essence) involves a paradox: Whatever has been essential to success can also cause failure. What to do?

In The Innovator's Solution, Christensen and Raynor offer a wealth of strategies and tactics to solve such a dilemma, revealed by their rigorous research on hundreds of different companies. In their book, they summarize "a set of theories that can guide managers who need to grow new businesses with predictable success -- to become disruptors rather than disruptees -- and ultimately kill the well-run, established competitors.
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34 of 40 people found the following review helpful
Format:Hardcover|Verified Purchase
Edited 20 Dec 07 to add links to natural capitalism books

I was talking to a friend the other day about why major (multi-billion dollar a year) companies are not good at innovation, and he recommended this book. Wow! Looking at the companies I know and admire, it all became clear. Innovation *is* disruptive; the most promising marketplace is the opposite of their existing defense and intelligence clients--the people that do not get adequate intelligence support from the existing cash cow; and all of the middle and senior managers (Washington-based) are incrementalists who had succeeded at building bodies-for-hire accounts over decades.

For those who feel an intuitive faith in disruptive endeavors, this book is inspiring and also instructional. It specifically suggests that entrants will beat incumbents when the objective is to substitute lower-cost good-enough solutions for client needs that are not satisfied by high end production. However, it also makes clear that the *last* place you want to sell disruptive solutions in to is the existing high end client base. Go for new customers and new contexts.

In government intelligence terms: stop trying to teach the spies that they need to do a better job on open sources of information in 33+ languages. Instead, go after the Departments of State, Commerce, Treasury, Agriculture, Homeland Security, and the elements of the Department of Defense that do not get adequate classified intelligence support. Establish Open Source Intelligence (OSINT) as a viable endeavor there, and in ten years come back and crush the spies in head on competition.
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Most Recent Customer Reviews
5.0 out of 5 stars fast shipping, thanks for the book!
I enjoyed this book, i used it for class, it was great, I hope others buy from you. good bye
Published 17 days ago by Aaron Pate
5.0 out of 5 stars Top notch business - theory and practice
As an executive trying to figure out how to move my teams to the next thing and break momentum, this lays out a promising model. I actually think I can apply this. Read more
Published 3 months ago by David Foster
5.0 out of 5 stars A book by Clayton christensen clears away the cobwebs making anyone...
Christensen is an uniquely intelligent man for all seasons. Not only for the business innovators, but for anyone who walks the path of his or hers life. Read more
Published 3 months ago by Sam Spade
3.0 out of 5 stars Requires some editing to be great
Note as good (or to the point) as Innovator's Dilema, although the solutions click. Requires some editing to be great. This feels like it was thrown together quickly.
Published 4 months ago by TJ
5.0 out of 5 stars Inspiring
This is the business book I was waiting for. A theory based how-to that explains a new paradigm in developing an emergent business. Read more
Published 4 months ago by Gregory DiSalvio
4.0 out of 5 stars Very Now and Future
I like this kind of job. It portrays real and solid solutions for a wide range of business scenarios. Read more
Published 5 months ago by Ken Mask
5.0 out of 5 stars Great book, a must read
This book is about what to not do and what makes the difference when innovating. I liked the first 3 chapters and the epilogue (direct and plain). Read more
Published 6 months ago by Luca
5.0 out of 5 stars Marvelous insight
More often than not, a business book will be disappointing... Either too shallow, or too speculative, or too theoretical... The Innovator's Solution is not like that, though. Read more
Published 6 months ago by Edgardo J. Fernandez
5.0 out of 5 stars Hubby Loved It!
Great book -- good tactics to apply in real life. He says he can use this at work and at home!
Published 6 months ago by Tricia
5.0 out of 5 stars Must Read
Great book. Look at all the books by this author. New ideas for approaching solutions. Ideas not found else where are always welcome.
Published 6 months ago by Fisher100
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