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

Change background

T
T
T

Change font

TAGS & TOPICS

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
Create
Monopoly
Interdependent
Called
Regulation
Regulatory
Added
Interface
Values
Rarely
Token
Cannot
Market
Interfaces
Power
Value
Tokens
Modular
Technology
Prevail
Fiat
Stage
Stages
Technologically

More quotes by Clayton Christensen

Image
I've concluded that the metric by which God will assess my life isn't dollars but the individual people whose lives I've touched.
Clayton Christensen
Image
Businesses want to think in terms of categories. Consumers want us to think in terms of their needs.
Clayton Christensen
Image
The path I am trying so hard to follow is in fact the one that God my Father and His Son Jesus Christ want me to pursue. It has brought me deep happiness.
Clayton Christensen
Image
Disruption is, at its core, a really powerful idea, but everyone hijacks the idea to do whatever they want now.
Clayton Christensen
Image
The innovations are far more important because the technology itself has now way to impact the world for good until it's embedded in the business model. Innovation it's the combination of the simplifying technology and the business model.
Clayton Christensen
Image
Disruptive innovations create jobs, efficiency innovations destroy them.
Clayton Christensen
Image
Management is the most noble of professions if it's practiced well.
Clayton Christensen
Image
If you defer investing your time and energy until you see that you need to, chances are it will already be too late.
Clayton Christensen
Image
There are more than 9,000 billing codes for individual procedures and units of care. But there is not a single billing code for patient adherence or improvement, or for helping patients stay well.
Clayton Christensen
Image
...it's easier to hold to your principles 100% of the time than it is to hold to them 98% of the time.
Clayton Christensen
Image
If I know what to spec, and I can measure it, and there are no unpredictable interdependencies between what you do and what I must do in response, then an economist would say that is sufficient information for a market to emerge between you and me.
Clayton Christensen
Image
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.
Clayton Christensen
Image
The only useful information about the market will be what I create through expeditions into the market, through testing and probing, trial and error, by selling real products to real people who pay real money.
Clayton Christensen
Image
In the study of management, unfortunately, many writers have been so anxious to articulate a theory in the form of, If you do this, this will result, that they never go through this careful effort.
Clayton Christensen
Image
There are direct paths to a successful career. But there are plenty of indirect paths, too.
Clayton Christensen
Image
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.
Clayton Christensen
Image
Don't worry about the level of individual prominence you have achieved worry about the individuals you have helped become better people.
Clayton Christensen
Image
An innovation will get traction only if it helps people get something that they're already doing in their lives done better.
Clayton Christensen
Image
Ultimately, when you come up with a classification scheme that is collectively exhaustive and mutually exclusive, then the theory can become what Kuhn called a paradigm.
Clayton Christensen
Image
People still cling to this belief that innovation is just random and unpredictable. But if you look closely, there are some real patterns. The companies that recognize and take advantage of those patterns have the real opportunity to create competitive advantage.
Clayton Christensen