There Are Direct Paths To A Successful

Every Disruptive Innovation Is Powered By A Simplifying Technology, And Then The Technology Has To Get Embedded In A Different Kind Of A Business Model. The First Two Decades Of Digital Computing Were Characterized By The Huge Mainframe Computers That Filled A Whole Room, And They Had To Be Operated By Phd Computer Scientists. It Took The Engineers At Ibm About Four Years To Design These Mainframe Computers Because There Were No Rules. It Was An Intuitive Art And Just By Trial And Error And Experimentation They Would Evolve To A Computer That Worked.

You Can Talk All You Want About Having A Clear Purpose And Strategy For Your Life, But Ultimately This Means Nothing If You Are Not Investing The Resources You Have In A Way That Is Consistent With Your Strategy. In The End, A Strategy Is Nothing But Good Intentions Unless It's Effectively Implemented.

In The First Stage Of Insight-building, All That Researchers Can Do Is Observe Phenomena. Second, They Classify The Phenomena In A Way That Helps Them Simplify The Apparent Complexities Of The World So They Can Ignore The Meaningless Differences And Draw Connections Between The Things That Really Seem To Matter. Third, Based On The Classification System, They Propose A Theory. The Theory Is A Statement Of What Causes What And Why, And Under What Circumstances.

Capitalism Has Taught Us That Markets Are Always More Efficient Than Hierarchical Managerial Coordination. But In A Situation Where Those Three Conditions Aren't Met, I Can't Outsource Or Partner With You Because Markets Don't Function In The Absence Of Sufficient Information.

History Is Littered With Great Firms That Got Killed By Disruption. Of Course, The Personal Computer, A Technology That First Took Root As A Toy, Got Digital Equipment Corporation. Kodak Missed The Boat For A Long Time On Digital Imaging. Sony Was Slow To Get Mp3 Technology. Microsoft Doesn't Know What To Do With Open Source Software. And So On.