Friday, December 16, 2011

Clayton Christensen

An innovation that is disruptive allows a whole new population of consumers access to a product or service that was historically only accessible to consumers with a lot of money or a lot of skill. Characteristics of disruptive businesses, at least in their initial stages, can include: lower gross margins, smaller target markets, and simpler products and services that may not appear as attractive as existing solutions when compared against traditional performance metrics.

1 comment:

  1. http://www.claytonchristensen.com/disruptive_innovation.html

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