Quote

Regulatory fiat cannot create a market at a technologically interdependent interface. And by the same token, regulation and so-called monopoly power rarely prevail at modular interfaces between stages of value-added technology.

Clayton Christensen

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Clayton Christensen
Age: 67 †
Born: 1952
Born: April 6
Died: 2020
Died: January 23
Economist
Missionary
Priest
Professor
University Teacher
Writer
Salt Lake City
Utah
Clayton Magleby Christensen
Stage
Stages
Technologically
Create
Monopoly
Interdependent
Called
Regulation
Regulatory
Values
Added
Interface
Cannot
Rarely
Token
Power
Market
Interfaces
Value
Tokens
Modular
Technology
Prevail
Fiat

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To prop up the stock price, managers have to turn down the screws on everybody. That forces them to cancel all the projects that would lead to future growth in order to drop money to the bottom line. This is HP's dilemma today. Once a company's growth has stopped, the game as we have known it is over. It's a scary thing.
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An innovation will get traction only if it helps people get something that they're already doing in their lives done better.
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Purpose must be deliberately conceived and chosen, and then pursued.
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Management is the most noble of professions if it's practiced well.
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But actually theory is very practical. Gravity is a theory, for example. It allows you to predict that if you step off a cliff you will fall you don't have to collect data on that.
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One quarter of Medicare beneficiaries have five or more chronic conditions, sees an average of 13 physicians each year, and fills 50 prescriptions per year.
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If you study the root causes of business disasters, over and over you'll find this predisposition toward endeavors that offer immediate gratification.
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Many think of management as cutting deals and laying people off and hiring people and buying and selling companies. That's not management, that's deal making. Management is the opportunity to help people become better people. Practiced that way, it's a magnificent profession.
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I have been blessed to see visions of eternity and events in my future that have been important for me to foresee, have been revealed to me.
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Disruption is, at its core, a really powerful idea, but everyone hijacks the idea to do whatever they want now.
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