In his book "The Innovator's Dilemma," Clayton M. Christensen tries to explain why the majority of leading companies oftentimes fail to take up new technologies that at last revolutionize their industries. He argues that the problem is with these firms focusing on the current needs of their customers and are not inclined to tap into innovative technologies, which result in their downfall as new entrants capture the market by making use of these technologies. The book provides the concept of disruptive innovation and ways companies can identify and react to these disruptive threats. It is a must read for business leaders and entrepreneurs who want to stay on the forefront in industries that change quickly.
4 recommendations for The Innovator's Dilemma
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