Article spotted by Alison Peters
Original article by Clayton Christensen, Professor at Harvard Business School
Originally published October 12, 2016 on LinkedIn
My new book, Competing Against Luck: The Story of Innovation and Customer Choice, debuted this past week, but it’s work that’s been nearly two decades in the making. For years my research has focused on understanding why good companies so often fail, a quest that led me to write The Innovator’s Dilemma years ago. But as I tried to answer that question, a new and pressing one emerged: how can companies know how to grow? The answer, I believe, lies in getting at the causal mechanism of customer choice – knowing why consumers make the choices they do to pick one product or service over another. To understand this, I’ve come to the conclusion that there is a critical question to ask: "What job did you hire that product to do?"
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