Clayton Christensen is best regarded for his ideas concerning how disruptive innovations can convert markets. In this wide-ranging dialogue, he discuss issues ranging from the decline's effect on innovation to chances to enhance the U.S. health care system. Christensen believes the economic downturn will not be bad for innovation, because downturns compel innovators to adapt their strategies to the market fast and inexpensively. What is more, he notes that breakthrough thinking stimulates. And, despite the recent problems in the financial markets, Christensen believes that, overall, initiation has been beneficial in financial services.
He mentions historical financial innovations, for example no load mutual funds and index funds, as examples of the manner disruptive innovations in financial services have benefited consumers. Christensen, who's the coauthor of a brand new publication on healthcare, The Innovator's Prescription, also discussed how disruptive innovation might improve the U.S. health care system. He clarifies how disruptive innovation helps make goods and services accessible and affordable.
PUBLICATION DATE: April 01, 2009 PRODUCT #: SMR314-HCB-ENG
This is just an excerpt. This case is about STRATEGY about STRATEGY & EXECUTION
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