Disrupted
Clayton Christensen on disruptive innovation (from Wikipedia):
- Established companies are usually aware of the innovations, but their business environment does not allow them to pursue them when they first arise, because they are not profitable enough. […] Firm’s existing value networks place insufficient value on the disruptive innovation.
- Meanwhile, start-up firms inhabit different value networks, at least until the day that their disruptive innovation is able to invade the older value network.
- At that time, the established firm in that network can at best only fend off the market share attack with a me-too entry, for which survival is the only reward.
Does this sound like RIM, Microsoft, Dell or HP to you?