There are three types of innovations that affect jobs and capital: empowering innovations, sustaining innovations and efficiency innovations.
Christine and I haven’t raised our children. A whole community of selfless Christians has contributed to helping them become faithful, competent adults.
The financial doctrines so zealously followed by American companies might help optimize capital when it is scarce. But capital is abundant. If we are to
When an entrant competitor attacks the low end of any market, the rational reaction of the incumbent firms is to abandon rather than defend it
We have found that companies need to speak a common language because some of the suggested ways to harness disruptive innovation are seemingly counterintuitive. If
I wouldn’t say there isn’t a direct path to a successful career. There are people who knew exactly what they wanted to do from a
We all have jobs in our lives that we must get done. We reach out and bring products into our lives to get these jobs
Universities think people come up with great ideas by closing the door. The academic tenure process, where you have to publish to journals which are
Empowering innovations require long-term investments, which tie up capital for years and years. So companies are using capital to create more capital, and consequently, the
Management teams aren’t good at asking questions. In business school, we train them to be good at giving answers.
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