Like an old machine emitting a new and troubling sound that even the best mechanics can’t diagnose, the world economy continues its halting recovery from the 2008 recession. Look at what’s happening in the United States: Even today, 60 months after the scorekeepers declared the recession over, its economy is still grinding along, producing low growth and disappointing job numbers. One phenomenon we’ve observed is that, despite historically low-interest rates, corporations are sitting on massive ...
Mar 25, 2023•58 min•Season 23Ep. 434
As legendary Harvard Business School professor Theodore Levitt said, "People don't want to buy a quarter-inch drill. They want a quarter-inch hole!" Many organisations focus on creating products for narrow demographic segments rather than satisfying needs when customers want to "hire" a product to do a job. We are joined by Bob Moesta, Master Innovator, Maker and Entrepreneur; Expert Investigator of Consumers’ Motivations and Decision-Making Processes; Co-Creator of the “Jobs-To-Be-Done” Theory;...
Mar 21, 2023•57 min•Season 23Ep. 433
Today’s book is a book about progress. Yes, it’s a book about innovation—and how to get better at it. But at its core, this book is about the struggles we all face to make progress in our lives. If you’re like many entrepreneurs and managers, the word “progress” might not spring to mind when you’re trying to innovate. Instead, you obsess about creating the perfect product with just the right features and benefits to appeal to customers. Or you try to fine-tune your existing products continually ...
Mar 17, 2023•1 hr 18 min•Season 23Ep. 432
Our guest was the Harvard Business Review editor until 2011, when today's book changed her life. She graduated from Cornell University and Northwestern University’s Medill School of Journalism. In 2011 she was named by Ashoka as one of the world’s most influential and inspiring women. She is also an incredible author and has co-authored with the late Clayton Christensen. She is here today to discuss the concepts of one of my favourite books, which also changed my life's direction. We welcome bac...
Mar 13, 2023•44 min•Season 23Ep. 431
Our guest was the Harvard Business Review editor until 2011, when today's book changed her life. She graduated from Cornell University and Northwestern University’s Medill School of Journalism. In 2011 she was named by Ashoka as one of the world’s most influential and inspiring women. She is also an incredible author and has co-authored with the late Clayton Christensen. She is here to discuss the concepts of one of my favourite books, which also changed my life's direction. We welcome the co-au...
Mar 12, 2023•1 hr 3 min•Season 23Ep. 430
The genesis of today’s book centred on a question posed years ago to “disruptive technologies” coauthor Clayton Christensen: where do disruptive business models come from? Christensen’s best-selling books, The Innovator’s Dilemma and The Innovator’s Solution, conveyed important insight into the characteristics of disruptive technologies, business models, and companies. Today’s book emerged from an eight-year collaborative study in which our guest sought a richer understanding of disruptive innov...
Mar 07, 2023•1 hr 6 min•Season 23Ep. 429
More than a decade ago, Mark Johnson, SAP’s Henning Kagermann, and Clayton Christensen hashed out the principles of business model reinvention in the pages of the Harvard Business Review. Essentially, a business model can be broken down into four distinct elements: A value proposition 2. Resources 3. Processes, 4. A profit formula This means in practice that the new and different must be separated and even protected from the tried and true. As Mark says, “To play a new game on a new field requir...
Mar 05, 2023•45 min•Season 23Ep. 428
Disrupting Class is an unsettling title for a book about the schooling process. The title conveys multiple meanings. The principal message is that disruption can usefully frame why schools have struggled to improve and how to solve these problems. Welcome to another episode in our series to celebrate the life work and theories of Clayton Christensen; today’s episode Is on his 2008 book, Disrupting Class. We welcome the co-author of “Disrupting Class, How Disruptive Innovation Will Change the Way...
Mar 01, 2023•1 hr 17 min•Season 23Ep. 427
Some essential lessons in "Seeing What’s Next" relate to disruptive innovations. Four critical lessons are: 1. Disruption is a process, not an event. 2. Disruption is a relative phenomenon. What is disruptive to one company may be sustaining to another company. 3. Different or radical technology does not equal disruptive. 4. Disruptive innovations are not limited to high-tech markets. Disruption can occur in any product or service market and can even help explain competition among national econo...
Feb 23, 2023•1 hr 7 min•Season 23Ep. 426
The Innovator’s Dilemma summarised a theory that explains how, under certain circumstances, the mechanism of profit-maximising resource allocation causes well-run companies to get killed. The Innovator’s Solution, in contrast, summarises a set of theories that can guide managers who need to grow new businesses with predictable success—to become the disruptors rather than the disruptees—and ultimately kill the well-run, established competitors. To succeed predictably, disruptors must be good theo...
Feb 19, 2023•1 hr 4 min•Season 23Ep. 425
The paper I wanted to share today aims to provide a common language about the research process that helps management scholars spend less time defending the style of research they have chosen and build more effectively on each other’s work. I felt this series on Clayton Christensen’s work and theories would be incomplete without this episode. It is a great pleasure to welcome the co-author of that paper and a person who has built on this work considerably, Paul Carlile. Papers mentioned in the ep...
Feb 15, 2023•1 hr 21 min•Season 14Ep. 424
Our guest’s award-winning research introduces a new perspective on value creation and competition when industry boundaries break down in the wake of ecosystem disruption. His two books, The Wide Lens and Winning the Right Game, have been heralded as landmark contributions to strategy literature. Clayton Christensen described his work as “Path-breaking”, and Jim Collins has called him “One of our most important strategic thinkers for the 21st century.” It is a pleasure to welcome Ron Adner. Find ...
Feb 08, 2023•45 min•Season 23Ep. 423
In 2003, media companies and newspapers were in free fall, when American newspapers earned only a tiny percentage of revenue from digital. The Deseret News and Deseret Digital Media were the envy of others, with more than 50 percent of the organization’s combined net income coming from digital sources. All this a little more than three years after a former Harvard Business School professor took over the company. How did he do it? He developed his strategy thanks to his work with Clayton Christen...
Feb 01, 2023•53 min•Season 23Ep. 422
We covered the Innovator’s Dilemma with Matthew Christensen in the first part of this series, but we did not cover Chapter 7 of the Innovator’s Dilemma,that chapter Is entitled “Discovering New and Emerging Markets” It opens as follows: “Markets that do not exist cannot be analyzed: Suppliers and customers must discover them together. Not only are the market applications for disruptive technologies unknown at the time of their development, they are unknowable. The strategies and plans that manag...
Jan 29, 2023•1 hr 2 min•Season 23Ep. 421
In part 2 of our series to honour the work, life and theories of Clayton Christensen, Joseph Bower unpacks that famous HBR article, "Disruptive Technologies: Catching the Wave" This article spawned the book, "The Innovator's Dilemma" Joe Bower s the father of "Resource Allocation theory" included in his 1970 groundbreaking book, Managing the Resource Allocation Process. He has been a leader in general management at Harvard Business School for over five decades where he is the Donald K. David Pro...
Jan 25, 2023•1 hr 2 min•Season 23Ep. 420
The logical, competent decisions of management that are critical to the success of their companies are also the reasons why they lose their positions of leadership.” How can executives simultaneously do what is right for the near-term health of their established businesses while focusing adequate resources on the disruptive technologies that ultimately could lead to their downfall? The Innovator's Dilemma!!! Clayton Christensen fathered the “theory of disruptive innovation”, but he also fathered...
Jan 22, 2023•1 hr 15 min•Season 23Ep. 4
Today’s book takes a fresh perspective on what it takes for people to flourish in the workplace. Our guest suggests that when we focus on neurodiversity, we respect people’s deeper drives and motivations, and then companies will naturally achieve better results as a side effect. One thing we must keep in mind is that neurosignatures shouldn’t be thought of as static. Our neurosignatures change throughout the day. When I get out of bed in the morning, my testosterone neurosignature is very high. ...
Jan 17, 2023•1 hr 34 min•Season 22Ep. 418
The story of language is the story of humanity; the new understanding of language that our guests outline in this book radically revises our conception of ourselves. In today’s book, our guests outline a revolutionary perspective that overhauls almost everything we thought we knew about language. We will hear how the game of charades reveals deep insights into how language works. We’ll hear how our brain can improvise linguistic ‘moves’ at an astonishingly rapid rate. We’ll hear how languages ar...
Jan 11, 2023•1 hr 38 min•Season 14Ep. 418
Senior leaders often want to know how they can build an environment to allow innovation to thrive. In order to do that, they first need to realise that business activities live on an uncertainty continuum - that we call the Explore-Exploit Continuum - and that creating new growth engines and managing existing business(es) are on opposite ends of this continuum. A better understanding of the Explore-Exploit Continuum will help executives and innovation teams put in place the right investment and ...
Jan 05, 2023•23 min•Season 22Ep. 417
As a cognitive device, STORY is so woven into our language and thought process that it is inextricable. Since thought is at the heart of one’s life experience, it’s your stories—the ones you tell yourself habitually, for days, weeks, months, years, and even decades, that either move you closer to your goals and ideals or tragically, push them further away. Building upon his prior works and leaning upon advanced theories of thought and meta-cognition, Grunburg produces an epic finale and at the s...
Dec 30, 2022•15 min•Season 20Ep. 416
It is a pleasure to welcome back the author of “Banks and Fintech on Platform Economies: Contextual and Conscious Banking “ Paolo Sironi, welcome to the show Evolving bank business models on outcome economies, resolving the tension between information and communication, which requires overcoming the fears of abandoning the shore of established operational models, and all the products and services rendered. In the dark of the new digital, financial and economic normal, only a crisp and clear visi...
Dec 26, 2022•24 min•Season 20Ep. 415
Co-author of "Eat Sleep Innovate", Paul Cobban, shares the importance of reframing your competitive set and the concept of MOJO Meetings and Wreckoon. Singapore's DBS Bank has been voted the world’s best bank for five years in a row! It wasn’t always like that. Today’s guest remembered his first day at DBS in 2009: when he asked his taxi driver to take him to DBS, the driver said, “Ah, DBS—Damn Bloody Slow,” referring to the notoriously long queues that plagued its ATMs. We are joined today on I...
Dec 20, 2022•14 min•Season 20Ep. 414
The work of Clayton Christensen changed my worldview and, ultimately, my life. I have been lining up all his co-authors to celebrate his life and share his theories. We have been interviewing each of these great thinkers over the last few months and into 2023. We will bring you each of those episodes in chronological order of his book releases. It includes Matt Christensen, Clay's son and CEO of Rose Park Advisors, Rita McGrath, Joseph L. Bower, Michael Raynor, Scott D. Anthony Hal Gregerson, Ta...
Dec 15, 2022•10 min•Season 20Ep. 413
While the mechanistic work mindset has spurred huge growth and riches for many, it’s an approach that has masked a fundamental truth: Rather than a machine, organizations are living, dynamic systems that can’t be programmed. Instead, they thrive through relationships, adaptive structures, diverse networks of people, the spaces they occupy, the tools they use – and so, so much more. For our guests– the answer to a better world lies in The Nature of Work Mindset: a new language inspired by forests...
Dec 07, 2022•1 hr 14 min•Season 20Ep. 412
The Irish Council for Civil Liberties (ICCL), along with six academics working in the area of artificial intelligence and data privacy, wrote an open letter to Irelands Minster for Justice Helen McEntee last month, noting that the use of Facial Recognition Technology raises serious and challenging issues about individual privacy and data rights. Full letter here: https://www.iccl.ie/2022/iccl-highlights-concerns-over-proposed-garda-use-of-facial-recognition-technology/
Dec 03, 2022•16 min•Season 20Ep. 411
We are joined by 3M’s first-ever Chief Science Advocate with 76 patents to her name. She is the author of The Heart of Science series of books, with all proceeds going to scholarships for underrepresented minority women in STEM. We will discuss those books in the New Year, but for now, she is with us on Innovation Bytes to discuss “The 6 most common Innovation E.R.R.O.R.S.!” Find Jayshree Seth on Linkedin https://www.linkedin.com/pulse/raising-innovation-6-most-common-errors-jayshree-seth/...
Nov 30, 2022•19 min•Season 20Ep. 410
We are joined by Friederike Fabritius, Wall Street Journal bestselling author of The Brain-Friendly Workplace: Why Talented People Quit and How to Get Them to Stay and of the award-winning book The Leading Brain: Neuroscience Hacks to Work Smarter, Better, Happier. She joins us on Brain Bytes to discuss Fun, Fear and Focus Find Friederike here: https://friederikefabritius.com/
Nov 28, 2022•14 min•Season 20Ep. 409
Today’s book explores the 27 most important trends shaping the future of our global economy. This visually striking book draws on the oceans of data we're all surrounded by to extract insights about where we are and where we are headed. It is a must-read for entrepreneurs, executives, policymakers, regulators and anyone seeking to navigate a complex world. The futurist and author Alvin Toffler once wrote, “Information overload occurs when the amount of input to a system exceeds its processing ca...
Nov 27, 2022•1 hr 3 min•Season 20Ep. 408
The Fintech Book is your primary guide to the financial technology revolution, and the disruption, innovation and opportunity therein. Written by prominent thought leaders in the European, UK and Hong Kong fintech investment space, this book aggregates diverse industry expertise into a single informative volume to provide entrepreneurs and investors with the answers they need to capitalize on this lucrative market. Key industry developments are explained in detail, and critical insights from cut...
Nov 23, 2022•45 min•Season 20Ep. 407
Once upon a time, the Persian king of all kings, Shahryār, beheaded his wife after discovering she was unfaithful. Overcome with rage, the monarch resolved to exact revenge on womankind by taking a new wife each night and beheading her the next morning. After most of the eligible women in the kingdom had either fled or been killed, Scheherazade, the daughter of the king’s advisor, devised a scheme to save herself and future victims. Scheherazade insisted on marrying the monarch, and on their fir...
Nov 17, 2022•16 min•Season 20Ep. 406
