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" One of the banes of successful innovation is that companies may be so committed to innovation that they will give the innovators a lot of money to spend. "
Clayton M. Christensen
Successful
May
Money
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" A disruptive innovation is a technologically simple innovation in the form of a product, service, or business model that takes root in a tier of the market that is unattractive to the established leaders in an industry. "
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" In organizations, once you articulate how success will be measured, everybody tries to game the system so that they are measured in the best possible way. "
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" The reason why it is so difficult for existing firms to capitalize on disruptive innovations is that their processes and their business model that make them good at the existing business actually make them bad at competing for the disruption. "
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" I'm an optimistic person. "
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" Businesses that distribute information and news are in the business of training and teaching people. "
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" A major driver of the cost of healthcare in the United States is a compromise that was reached with the American Medical Association in the 1960s when Medicare was first established. "
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" Management is the opportunity to help people become better people. Practiced that way, it's a magnificent profession. "
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" When an entrant competitor attacks the low end of any market, the rational reaction of the incumbent firms is to abandon rather than defend it - because the low end is the least profitable of their possible investments. "
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" Do not be deceived by impostors. "
Clayton M. Christensen
Deceived
" In an environment where you've got to push innovations out the door fast and keep the cost of innovation low, the probability that you'll be successful is actually much higher. "
Clayton M. Christensen
Innovation
Door
Environment
" I have continued systematically to study the Book of Mormon and Bible to understand even more deeply what God expects of me and my family while on this earth. "
Clayton M. Christensen
Bible
Book
Me
" 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
" Life is an unending stream of extenuating circumstances. "
Clayton M. Christensen
Unending
Circumstances
Stream
" There are three types of innovations that affect jobs and capital: empowering innovations, sustaining innovations and efficiency innovations. "
Clayton M. Christensen
Affect
Three
Efficiency
" I think this is one reason why the Lord invented the Internet - so members can teach one another how to succeed in assignments the Lord has given us, and to give us opportunities to inspire and bear testimony in a horizontal way. "
Clayton M. Christensen
Opportunities
Inspire
Think
" Growth makes management easier. In particular, it makes making labor concessions seem easy. It's when growth stops because you're being disrupted that managing becomes really, really hard, and as a result, most disrupted companies simply disappear. "
Clayton M. Christensen
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" India's prosperity is sectioned by geography, such as in Bangalore, where the information technology industry is prominent. Because they have a conduit out of India, competing in the world by the Internet, it's not regulated in corrupt ways, and it is very prosperous. "
Clayton M. Christensen
World
Information
Internet
" 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
" There are direct paths to a successful career. But there are plenty of indirect paths, too. "
Clayton M. Christensen
Paths
Too
Career
" Having a loving relationship with our spouse or with our children is what leads to the long-term happiness we all seek. "
Clayton M. Christensen
Happiness
Seek
Relationship
" 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. "
Clayton M. Christensen
Natural
Economic
Efficiency
" If you develop a product that gets what the customer is trying to get done, you don't have to advertise; people will just pull it into their lives. "
Clayton M. Christensen
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Customer
Done
" 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
" I believe that we can, in a deliberate way, articulate the kind of people we want to become. "
Clayton M. Christensen
Kind
I Believe
People
" Finding a 'sacrificial lamb' on whom to tag blame for complicated problems is an important instrument in the toolkit of politicians, because it deflects blame for the nation's economic woes away from their own regulatory lapses, economic mismanagement and coddling to labor unions. "
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Own
Blame
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" In the universities, we teach you what we decide you need to know. And the employers find out when they hire people that students didn't learn what we needed them to learn. Online learning offerings, like the University of Phoenix, have relationships with employers and teach what you need to know. "
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Learn
Learning
Need
" There just isn't anything more invigorating than to read an article or hear about an entrepreneur using the term 'disruptive technology' that makes no reference to me as the source. When it's clear they really got the idea and they use it as if it were in everyday parlance, that's the ultimate triumph. "
Clayton M. Christensen
Me
Technology
Triumph
" When considering a career move, consider the most important assumptions that have to prove true and how you can swiftly and inexpensively test if they are valid. Also, remain realistic about the path ahead of you. "
Clayton M. Christensen
Career
Test
You
" Many think of management as cutting deals and laying people off and hiring people and buying and selling companies. That's not management, that's deal making. Management is the opportunity to help people become better people. Practiced that way, it's a magnificent profession. "
Clayton M. Christensen
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" If you make that decision, that you'll always follow that rule, then your commitment to do it sinks into your heart, and when you realize the benefits of having integrity time after time, it really changes your heart, not just your head. "
Clayton M. Christensen
Integrity
You
Commitment