The book Innovator’s Dilemma: When New Technologies Cause Great Firms to Fail authored by Clayton Christensen was chosen by The Economist as one of the six greatest business books ever. It expanded on the concept of disruptive technologies, a term Christensen himself had coined, and how they could unseat great established companies, not because management was doing the wrong things, but because it was doing almost everything right! “The reason [why great companies failed] is that good management itself was the root cause," wrote Christensen. “Managers played the game the way it’s supposed to be played. The very decision-making and resource allocation processes that are key to the success of established companies are the very processes that reject disruptive technologies: listening to customers; tracking competitors’ actions carefully… These are the reasons why great firms stumbled or failed when confronted with disruptive technology change."
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Quick Edit: The market's green role
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Growth shouldn't suffer for want of a market fix
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We should reform import tariffs to boost Make in India!
Tariff reforms to resolve duty inversions can arrest the 'cost competitiveness leak' of Indian manufacturing
Trying to quantify everything may worsen human decisions
'Quantification fixation' is real—and we should learn to resist it
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His confrontational stand on issues will ruffle feathers and make nations review their alignments
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I am with the Indian Army. Until last year, we received Form 16 under the old tax regime, including allowances such as HRA, travel and uniform.
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