Disruptive Innovations Create Jobs, Efficiency Innovations Destroy

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.

Disruptive Innovations Create Jobs, Efficiency Innovations Destroy Them.

In The First Stage Of Insight-building, All That Researchers Can Do Is Observe Phenomena. Second, They Classify The Phenomena In A Way That Helps Them Simplify The Apparent Complexities Of The World So They Can Ignore The Meaningless Differences And Draw Connections Between The Things That Really Seem To Matter. Third, Based On The Classification System, They Propose A Theory. The Theory Is A Statement Of What Causes What And Why, And Under What Circumstances.

In Most Instances, Biotechnology, Though A Radically Different Approach, Is A Sustaining Technology: It's A Dramatically Improved Way Of Targeting Problems That We Hadn't Been Able To Solve With The Conventional Approach Of Mainstream Pharmaceutical Companies.

Only The General Manager Can Mold The Resources, Processes, And Values That Affect Innovation , Into A Coherent Capability To Develop And Launch Superior New Products And Services Repeatedly.