“In 15 years from now half of US universities may be in bankruptcy ... in the end I'm excited to see that happen. So pray for Harvard Business School if you wouldn't mind.” IfsYearsMindMayEndsHappensSchoolHalfPrayingUniversityExcitedHarvardBankruptcyBusiness School Author:Clayton Christensen
“How could Digital's collapse be so precipitous? It's because, in many ways, financial performance data is misleading. As you move up to the top of the market, you're getting rid of the less profitable products at the low end and adding business with more attractive margins at the high end. The rate of unit volume growth might be tapering off as you pursue these smaller markets, but your margins actually look better. So Wall Street rewards your stock price until you hit the ceiling.” WayLooksEndsMightMovingGrowthStreetsProductsWallLowsPerformancesRewardsRateFinancialPursueDataAttractiveDigitalCollapseVolumeUnitsProfitableMarginsCeilingsMisleadStock PriceTapering Author:Clayton Christensen
“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.” WayGivingEndsEnoughSituationSuccessfulProductsStandardsPerformancesEdgesYieldGood EnoughAcceptableIntegrationComponentsNot Good Enough Author:Clayton Christensen
“When a technology, regardless of how different and difficult it is, sustains the trajectory of performance improvement, my research asserts that the leaders in the prior generation of technology are likely to end up on top of their industry at the end of the transition.” DifferentEndsDifficultLeaderTechnologyGenerationsIndustryResearchPerformancesImprovementTransitionTrajectory Author:Clayton Christensen
“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.” IfsHas BeensEndsHandsCompanyLeaderTechnologyTransitionOddsDisruptiveNew Company Author:Clayton Christensen
“There are other dimensions of biotechnology. If you think of biotechnology like the Internet, it's not a category - it's an infrastructure that can be deployed to sustain or disrupt. In health care, the most complex problems at the high end have to be dealt with in a problem-solving mode by the best, most experienced physicians you can find.” IfsThinkingEndsProblemCareInternetComplexesHealth CareDimensionsCategoriesProblem SolvingPhysiciansInfrastructureComplex ProblemsBiotechnology Author:Clayton Christensen
“You can talk all you want about having a clear purpose and strategy for your life, but ultimately this means nothing if you are not investing the resources you have in a way that is consistent with your strategy. In the end, a strategy is nothing but good intentions unless it's effectively implemented.” IfsWayWantMeanEndsPurposeClearResourcesStrategyIntentionInvestingConsistentGood Intentions Author:Clayton Christensen
“Think about the metric by which your life will be judged, and make a resolution to live every day so that in the end, your life will be judged a success.” ThinkingEndsResolutionJudgedMetricsLive Every Day Book:The HBRs 10 Must Reads Collection (12 Books) (HBRs 10 Must Reads) Source: The HBRs 10 Must Reads Collection (12 Books) (HBRs 10 Must Reads)