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" Most people have never thought through how they're going to allocate their time. You need to make a decision in advance. "
Clayton M. Christensen
People
You
Time
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" Venture capital is always wanting to go up market. "
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" As a general rule, when a new industry takes root, and the first products emerge in a wave, almost always the architecture of the product will be proprietary and interdependent in character. "
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" Universities think people come up with great ideas by closing the door. The academic tenure process, where you have to publish to journals which are very narrow, stands in the way of great research. "
Clayton M. Christensen
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" Efficiency innovations are a natural part of the economic cycle, but these are the innovations that streamline process and actually reduce the number of available jobs. "
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" A great book seeks to explain causality, not correlation. It works to point out the circumstances in which it works, and where it doesn't. And in so doing, it is broadly applicable. "
Clayton M. Christensen
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Book
Great
" I love my life as a missionary, keeping myself on the front lines. The image in my mind is that God, my general, stands at the door when I go out every morning; and, knowing what the war is like, day after day he gives me his most powerful weapon: his Spirit. For this I am grateful. "
Clayton M. Christensen
Grateful
God
Life
" Empowering innovations transform something that is complicated and expensive into something that is so much more simple and affordable that a much larger population can enjoy it. "
Clayton M. Christensen
Enjoy
Simple
Much
" The key is not to figure out what the best people are doing and try to emulate it - rather, figure out what causes people and companies to be successful. "
Clayton M. Christensen
Successful
Best
Doing
" Companies, in fact, are specifically organized to under-invest in disruptive innovations! This is one reason why we often suggest that companies set up separate teams or groups to commercialize disruptive innovations. When disruptive innovations have to fight with other innovations for resources, they tend to lose out. "
Clayton M. Christensen
Resources
Lose
Reason
" The whole enterprise of teaching managers is steeped in the ethic of data-driven analytical support. The problem is, the data is only available about the past. So the way we've taught managers to make decisions and consultants to analyze problems condemns them to taking action when it's too late. "
Clayton M. Christensen
Past
Problems
Data
" We all have jobs in our lives that we must get done. We reach out and bring products into our lives to get these jobs done. Marketing is all about asking, 'What job is the customer trying to accomplish?' "
Clayton M. Christensen
Job
Trying
Accomplish
" Inviting others to help us with our work in the Church helps them feel needed and helps them feel the Spirit. When these feelings come, many people often then realize that something has been missing from their lives. "
Clayton M. Christensen
Work
Church
Feelings
" The financial doctrines so zealously followed by American companies might help optimize capital when it is scarce. But capital is abundant. If we are to see our economy really grow, we need to encourage migratory capital to become productive capital - capital invested for the long-term in empowering innovations. "
Clayton M. Christensen
Need
American
Financial
" Disruption is a process, not an event, and innovations can only be disruptive relative to something else. "
Clayton M. Christensen
Process
Only
Event
" An innovation will get traction only if it helps people get something that they're already doing in their lives done better. "
Clayton M. Christensen
Doing
Better
Done
" I don't feel that this concept of disruptive technology is the solution for everybody. But I think it's very important for innovators to understand what we've learned about established companies' motivation to target obvious profitable markets - and about their inability to find emerging ones. The evidence is just overwhelming. "
Clayton M. Christensen
Motivation
Important
Think
" The basic idea that marketing is wrong at its core is one of the main reasons why innovation seems blocked and unpredictable. "
Clayton M. Christensen
Wrong
Core
Innovation
" For online universities, like Liverpool and the University of Phoenix, if prices drop by 60%, they still make money. But for the vast majority of traditional universities, if the prices fall by 10%, they are bankrupt; they have no wriggle room. "
Clayton M. Christensen
Money
University
Like
" We need to have a better balance between a deliberate strategy and staying open. Because in the end, most of us end up being successful in a career that we never imagined we would be in at the beginning. "
Clayton M. Christensen
End
Strategy
Need
" What the purpose of my life is about is I want to become the kind of person that God wants me to become, and through my study of the scriptures I can articulate the kind of person that God would be happy if I become. "
Clayton M. Christensen
Happy
Be Happy
Me
" Relative to the taxi industry, Uber is a sustaining innovation; that is, it makes customers' lives better. Uber targeted mainstream markets with a better service for existing customers, and it succeeded in serving them better than the incumbents. "
Clayton M. Christensen
Innovation
Better
Serving
" Life is an unending stream of extenuating circumstances. "
Clayton M. Christensen
Unending
Circumstances
Stream
" By definition, big data cannot yield complicated descriptions of causality. Especially in healthcare. Almost all of our diseases occur in the intersections of systems in the body. "
Clayton M. Christensen
Complicated
Big
Healthcare
" Colleges would compete by adding professors, enhancing programmes or building nicer facilities. So they competed by making institutions better. "
Clayton M. Christensen
Professors
Building
Better
" The process of writing 'The Innovator's Dilemma' entailed the developing a new theory. My colleagues, students and I have been improving that theory, and adding others to it, since that time. "
Clayton M. Christensen
New
Writing
Colleagues
" While I wouldn't say that most entrepreneurs find it easy to get funding, there are certainly more people out there funding technology and healthcare companies than in other areas. "
Clayton M. Christensen
Technology
Easy
Healthcare
" I promise my students that if they take the time to figure out their life purpose, they'll look back on it as the most important thing they discovered while at school. If they don't figure it out, they will just sail off without a rudder and get buffeted in the very rough seas of life. "
Clayton M. Christensen
Sail
Look
Purpose
" Empowering innovations require long-term investments, which tie up capital for years and years. So companies are using capital to create more capital, and consequently, the world is awash in capital, but the innovations we need to advance aren't there. "
Clayton M. Christensen
More
Tie
Need
" Each of our children during their high school years went to 'early morning seminary' - scripture study classes that met in the home of a church member every school day morning from 6:30 until 7:15. "
Clayton M. Christensen
Children
Day
Home
" I'd been raised Mormon, but there comes a time where you are not following what you've been taught, but discovering for yourself if it's true. "
Clayton M. Christensen
Been
Where
True