Clayton Christensen on disruptive innovation - Clarendon Lectures 10th June 2013
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In the first of his lectures for Saïd Business School, Clayton Christensen explains his theory of disruption, drawing on examples of innovations occurring in the steel industry and from leading companies such as Toyota, Sony, Walmart and Indian refrigerator manufacturer, Godrej. Christensen explores how the theory can explain why the economies of America, England and Japan have stagnated. He also uses the theory to analyse how economies in Asia have achieved prosperity and to examine why countries such as Mexico are not experiencing economic growth. Clayton's lecture from 10 June can be found here: http://youtu.be/Ei57yFEljrI Clayton's lecture from 11 June can be found here: http://youtu.be/WJzYTxXH7R0
Comments
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Brilliant, just discovered you this week. Thank God for your life
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Mark Meldrum sent me here
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Sheer brilliance!!!! Prof CC, exudes grace and empathy not to mention very sharp and focused intelligence. Glad that the lecture is out there for us mortal humans to view and enjoy. Thank you Said and Harvard.
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This guy has no idea what he's talking about. At 20:20 he claims that you "didn't need the mainframe nearly as much, till ultimately that [mainframes] just disappeared."
Sorry Mr Harvard guy, the mainframe is alive and kicking. It may even outlive the PC: http://www.economist.com/blogs/schumpeter/2012/09/ibms-mainframes -
Thank you for your effort to share this brilliant lecture with the rest of the world.
Doug
Silicon Valley -
When he takes up the Toyota story, isn't that LEAN?
And what exactly is the difference between LEAN and disruptive innovation? I mean, there very similar?
LEAN: Omtimizing your production (?)
Disruptive Innovation: Making a new product - That will more likely disrupt the current marked because of its cheaper cost/easier to use/etc.
Sorry if I'm wrong -
Many others have come to the same conclusion why growth has slowed but usually they explain it away as us being more and more risk averse. The problem is that it's hard to cure risk aversion, but we can reverse false rational conclusions that lead us into a corner, that's why Christensen's explanation is so much better.
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BIG. REALLY REALLY BIG.
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Good one.
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Sdapey
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And then the gates of heaven opened and Jesus said, "Children, I have a question of utmost importance to ask of you.
I have masturbated to Kim Kardashians big fat ass so many times that I am starting to get carpel tunnel syndrome in my wrists.
So my question is, can anyone recommend a good orthopedic surgeon?"
---Jesus Christ, as told to Pat Robertson -
43:35 " Its a puzzle "
Oh come on now Mr. Clayton.... don't be so modest..... The Asians social ,political & economic fabric have never been successfully infiltrated..Rather decimated by the white man. Unlike Africa and Latin America whom have not only been infiltrated but in Africa's case bombarded with "Aid" funneled to War lords and dictators to secure the continent's instability. The Asians have remained homogenous, secured deliberately secluded from the Parasites, and today we are seeing the results. -
The story between the integrated mill industry and the mini mills sounds just like a fairy tale to me. At least it has some of the tone or climax I recognize. :D
Anyone else had that thought? -
This is fascinating.
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A must see video for graduate students.
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I work in broadcasting - nowhere has the small disruptive team done more to totally change the face of what is made for audiences these days. I guess both authors will do well from the attention these articles are getting. But, in my experience, only those who practice disruptive thinking survive. But the disruptive period is limited. Toyota, Sony, Walmart and Godrej are no longer the disruptors. So they have become vulnerable in the long term themselves.
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this is fantastic! i study informational science and find this spectacular!
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Very recommendable lecture on how disruptive innovation is a true job creator. Highly relevant for policy makers and businesses aiming at job creation and growth strategies respectively.
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I think what's happening in what he's saying about countries is that beyond politically drawn boundaries, there are economic boundaries around epicenters of innovation. The U.S. has treated Mexico like it's inside the same economic boundary, so they are way too connected us to look for innovation in their own midst.
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Brilliant lecture! Cherishing the investment of People and their Development is to be 'husbanded' smart & tight!!...
I wonder what would be the 'Disruption' element(s) which have been keeping some regions of the world in a 'sustainable' vicious circle of 'efficient' turmoil & poverty?...Undervalued 'Domestic Economy' perhaps??
Many are benefitting with plenty of 'Capital' at 'no costs'!!...Except of course the 'Human Cost' ....which for some has 0=cost!!!...with more and more people in a growing state of deeper and deeper destitution & desperation, driven by more and more greed & unethical actions...
'Disruption' seems to be driving the 'Theory of Prosperity' for some when 'chaos' and 'stagnation' are maintained 'efficiently' for others... An ongoing 'depressing' situation leading to more 'correlative' as much as 'causal' to current 'crisis' in many regions:(
Maybe a better state of 'Equilibrium' can be explored where 'disruption' does not exist and the 'Theory of Prosperity' is sustained efficiently for all through common sense, shared values, fair trade, fair barter, fair dealing... and no greed involved at all.
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