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Clayton M. ChristensenManagement · Business & Economics·1952–2020
The Innovator's Dilemma
This book explores why even successful companies can fail when faced with disruptive market and technological changes. It argues that traditional business practices, often seen as strengths, can become liabilities. The author provides principles for navigating disruptive innovation, advising managers on when to disregard customer feedback, invest in seemingly lower-margin products, and pursue smaller markets to avoid a similar fate.