Sad news. This is the first time I'm hearing him - didn't even know who he was when I started. I used to have a very poor opinion about marketing and administration - he changed my mind. (I still have a very poor opinion about marketing, but now I see there are some aspects of it that are good).
00:43 1st objective: how to sustain success 02:04 2nd: how to create growth 02:56 3rd: theories for decision making 06:23 Recovery from economic recessions 08:33 Four types of innovation: potential, sustaining, disruptive, efficiency 09:25 Potential innovations (No. 1) 12:00 Jobs to be done, milk shake case 23:25 Architecture of jobs to be done 28:55 Sustaining innovations (No. 2) 30:39 Disruptive innovations (No. 3) 36:20 Why incumbents don’t prevent being disrupted, personal computer case 41:18 The Innovator’s Dilemma 42:49 Toyota case 46:08 Q&A: which companies have successfully prevented disruption 48:33 Efficiency innovations (No. 4) 50:03 Why are we not able to keep the growth, financial ratios 1:00:53 Q&A: what metrics to use to break out of vicious cycle 1:02:13 Q&A: what jobs can humans do after AI revolution 1:05:37 Q&A: what causes disruption: technology, application, market effect 1:08:15 Q&A: how to explain high-end, top-down innovations like Uber, iPhone, Tesla 1:15:05 Q&A: How Will You Measure Your Life?
I like how the dude at 1:05:37 was essentially like "so snake oil doesn't cure anything, I get that, but is there a snake oil that can cure anything?" jj dude at 1:05:37 :)
Some takeaways. 1. The customer is not the right unit of analysis; the "job" needing to get done by "hiring" a product/service is. 2. Marketing with such "jobs" in mind is referred to as using potential innovations. 3. Entrants using disruptive innovations tend to defeat incumbents using sustaining innovations (which are still critically important). 4. Sustaining innovations make good things better, and are replicative in nature; important but not bulletproof. Often overshoot what the customer actually requires. 5. Incumbents survive disruptive entrants by also engaging in disruptive innovation on the side with completely independent business units. 6. Efficiency innovations do more with less, keeping a company competitive and increasing profits with the side effect of reducing jobs. 7. Outsourcing is easier than increasing profits, so companies outsource to improve their ratio. 8. Focusing on ratios is detrimental to national economic growth, which is critical for the market to prosper. 9. Disruptive innovations stimulate economic growth. Companies focusing only on efficiency innovations causes economic recessions.
@@chris_2208 10. Achievement-orientation tends to value activites which provide immediate and tangible evidence of achievement, placing at risk an unmeasured domestic life.
Thanks professor Clay Christensen. Everytime I goto to bed I'm listening to your great lecture. Your theory some how changed the way I think in my life. RIP. Prof Clay..
have to agree with you about the last 5 minutes -- I mean, I was enjoying the whole talk but I think my life is now different because of his ending thesis. A powerful message for today.
Professor Christensen’s brilliance and humility come from his faith. Rarely do we encounter such originality, incredible thoughts combined with humor and humility. It is true faith that help create these. Thank you Professor Christensen. You are as alive as ever.
Whoa. Read this comment about halfway through and thought it'd be some epic business insight. Now I've got a lump in my throat and am going to shut down and go hang out with my wife and kids.
He may have had some trouble speaking because of his stroke but he mind is working extremely fast. You can tell by how witty he is and how quickly he can come up with answers to questions along with what seems like he knows every company in detail off the top of his head so his memory was working really well too. This is the first time I have seen him and I'm so sad to see all the RIP's. He looks very young to have had so many health problem and to have passed away. What a great talk!!
This is an amazing talk and a highly recommended watch. True to form, Prof. Clayton is insightful, forward thinking and able to explain the theory and practical applications with clarity. This talk is engaging and offers a different perspective to the one currently being taught and practiced in many organisations. Prof. Clayton is an exceptional intellect and storyteller, his work and thinking is truly inspirational.
This is one of the most powerful and unexpected conclusions I've every heard in such a presentation: talking about business and innovation, and concluding on divorce and growing kids. Truly brilliant. And so much kindness in that man.
The talk reminds me of the importance of long term thinking. However, immensely successful disruptors can give the wrong impression about the realities of changing course. For the most part, the companies and individuals that stick to their knitting, and adapt over time, are the ones who are successful.
He is one of the Best! Absolutely have tonnes of respect for him 🙏 Great talk and insights that can be implemented immediately to correct the course and steer forward to create growth and success! JTBD is powerful framework!! Thank you Clayton Christensen!
Four types of innovations: 1. Potential products 2. Sustaining innovations 3. Disruptive products 4. Efficiency innovations Architecture to every job to be done: 1. There's a job to know given the situation I'm in. Functional, emotional, successful 3. How will they choose us. 2. What are the experiences we need to provide to do the job perfectly. 3. What kind of brand do we need to apply to that product.
A very humble human being, with a very deep practical insight of his research know -how. Truly immense learning to listen / understand his perspective.
The answer to the last question on how to measure your life is such a perfect extension of how the metrics enabled short term success and optimizing for that metric ended up costing them long term success. Beautiful mind.
It's so sad that the quality of the talk, has not been matched by the quality of the video. Please show the slides in full screen to bring out full value of Mr Christensen's fantastic lecture. Thank you
To have a better product than your compactors is from the SOUL not from competition, and this process of creating can coms from the love of humanity, and the direction from an internal power, which is eternal and only need the same power of love.
If you serve people, if you work hard and similar to Clayton Kristensen, so much valuable, please, please feel free to NOT apologies for any disability you’ve been injured providing this service. It hurts.
36 mins in... From my google history of recent times i see why I came down this youtube spiral. I'm glad to see Daniel Goleman's talks on Focus and Emotional Intelligence sits close by on recommended very close to Chris Cornell's Best of Higher Truth Tours video. I do wonder as Poor as I am if i should still feel as Guilty as I do for being as blessed as I am to experience such insight and beauty from the such is my youtube rabbit hole.
We have new thinking to improve our education system, to bring growth to our younger generations yet to come, we must remove the obstacles of the past system that does not help with the growth of the brilliant young brains, that's suppressed.
The last question and clay’s response just blew my mind. Apart from the fact based talk hearing his personality speak really brings to light the importance of your loved ones.
Is there anyway we can get the link to the slides for this talk? This great talk and I really wish the videographer would have captured the slides properly as the content on the slides are not clear!!
08:36 Intro to 4 types of innovation 09:29 Type 1. Potential innovation 29:11 Type 2. Sustaining products 30:40 Type 3. Disruption 31:45 What is disruption?
Found these slides for a talk he did in 2018 on similar topics. It is not an exact copy of this talk but many of the key slides are in there: www.innosight.com/insight/leading-transformation-ceo-summit-munich-2018/
1:05:48 Question "So I want to say if you could help clarify the way that we talk about disruption in regard to the technology itself, we have a couple of technologies at google that could be considered , that are often called disruptive technologies, Artificial intelligence , Machine Learning which is very much being built internally into the organization its helping improve what we do as a company and can be seen as a sustaining innovation and then we have autonomous cars being built external much more inline with a disruptive model, is it the technology that's a disruption or is it the application of the technology is it the market effect that makes it disruptive”? Great Question So important ( Blessings) Answer "In Many ways I made a mistake calling the phenomena disruptive "disruptive" because There are so many connotations of the word disruptive in the english language and so There are alot of people who call anything that is a dramatic improvement or a breakthrough disruptive and that's not true. So almost always disruption is built within the business model of enterprise, not by developing the best technology.”
RIP Professor, you've been an inspiration for so many of us.
What!!!
@@asdf-jo4vv is a 35
I bought one of his books online and it turned out to be signed!
Sad news. This is the first time I'm hearing him - didn't even know who he was when I started. I used to have a very poor opinion about marketing and administration - he changed my mind. (I still have a very poor opinion about marketing, but now I see there are some aspects of it that are good).
thats so sad. im glad you got the chance to meet him
00:43 1st objective: how to sustain success
02:04 2nd: how to create growth
02:56 3rd: theories for decision making
06:23 Recovery from economic recessions
08:33 Four types of innovation: potential, sustaining, disruptive, efficiency
09:25 Potential innovations (No. 1)
12:00 Jobs to be done, milk shake case
23:25 Architecture of jobs to be done
28:55 Sustaining innovations (No. 2)
30:39 Disruptive innovations (No. 3)
36:20 Why incumbents don’t prevent being disrupted, personal computer case
41:18 The Innovator’s Dilemma
42:49 Toyota case
46:08 Q&A: which companies have successfully prevented disruption
48:33 Efficiency innovations (No. 4)
50:03 Why are we not able to keep the growth, financial ratios
1:00:53 Q&A: what metrics to use to break out of vicious cycle
1:02:13 Q&A: what jobs can humans do after AI revolution
1:05:37 Q&A: what causes disruption: technology, application, market effect
1:08:15 Q&A: how to explain high-end, top-down innovations like Uber, iPhone, Tesla
1:15:05 Q&A: How Will You Measure Your Life?
Great!! Thnx
I like how the dude at 1:05:37 was essentially like "so snake oil doesn't cure anything, I get that, but is there a snake oil that can cure anything?" jj dude at 1:05:37 :)
Hey Rick, great tabulation of the presentation.
Thank you
Great job, Rick. Your work is a good example of active listening.
Some takeaways.
1. The customer is not the right unit of analysis; the "job" needing to get done by "hiring" a product/service is.
2. Marketing with such "jobs" in mind is referred to as using potential innovations.
3. Entrants using disruptive innovations tend to defeat incumbents using sustaining innovations (which are still critically important).
4. Sustaining innovations make good things better, and are replicative in nature; important but not bulletproof. Often overshoot what the customer actually requires.
5. Incumbents survive disruptive entrants by also engaging in disruptive innovation on the side with completely independent business units.
6. Efficiency innovations do more with less, keeping a company competitive and increasing profits with the side effect of reducing jobs.
7. Outsourcing is easier than increasing profits, so companies outsource to improve their ratio.
8. Focusing on ratios is detrimental to national economic growth, which is critical for the market to prosper.
9. Disruptive innovations stimulate economic growth. Companies focusing only on efficiency innovations causes economic recessions.
Thank you. I was leaving the talk halfway so reading your summary was helpful. :)
I liked Point
1.
5.
You forgot the most important part: how you measure your life.
@@chris_2208 10. Achievement-orientation tends to value activites which provide immediate and tangible evidence of achievement, placing at risk an unmeasured domestic life.
Thank you for the summary
Thanks professor Clay Christensen.
Everytime I goto to bed I'm listening to your great lecture. Your theory some how changed the way I think in my life.
RIP. Prof Clay..
Even after his stroke, he speaks more clearly than I, on a good day, can think- And the last 5 minutes.. Wow!
have to agree with you about the last 5 minutes -- I mean, I was enjoying the whole talk but I think my life is now different because of his ending thesis. A powerful message for today.
Professor Christensen’s brilliance and humility come from his faith. Rarely do we encounter such originality, incredible thoughts combined with humor and humility. It is true faith that help create these. Thank you Professor Christensen. You are as alive as ever.
You are so right ! A deep study of his life will reveal the answers to our lives.
Perfect ending. Worth watching just for the last 4 minutes.
It was indeed an absolute eye-opener, and a great way to end the talk.
True dude
Whoa. Read this comment about halfway through and thought it'd be some epic business insight. Now I've got a lump in my throat and am going to shut down and go hang out with my wife and kids.
These "Talks at Google" are making a big impact on my life. Now I have to read all his books!
Lol! Same here
My goodness, this is the most sensible comment thread I’ve seen in UA-cam - ever.
He is such a humble guy. Every interview/session of his, he make sure he greats/appreciate the host.
T3r
This is the best marketing advice I’ve absorbed. So much respect for this man.
@21:39 Prof Christensen is a hero. So humble. So insightful. So open & honest. A very special man.
Easily one of the best Talks at Google. So much to learn packed in one speech
He may have had some trouble speaking because of his stroke but he mind is working extremely fast. You can tell by how witty he is and how quickly he can come up with answers to questions along with what seems like he knows every company in detail off the top of his head so his memory was working really well too. This is the first time I have seen him and I'm so sad to see all the RIP's. He looks very young to have had so many health problem and to have passed away. What a great talk!!
This is an amazing talk and a highly recommended watch. True to form, Prof. Clayton is insightful, forward thinking and able to explain the theory and practical applications with clarity. This talk is engaging and offers a different perspective to the one currently being taught and practiced in many organisations. Prof. Clayton is an exceptional intellect and storyteller, his work and thinking is truly inspirational.
Heroic of him to give this talk while going through chemo and after experiencing a stroke.
His strength is super natural. Study his life Boston and you will receive more.
Vale Prof Clayton Christensen. This is hands down the best talk ever.
There is so much more Phil if you study his life and talks amigo.
I just love this man....for his clarity and courage .
This talk is more relevant today than ever. We’re seeing these ideas in real time with the labor market right now. RIP
This is one of the most powerful and unexpected conclusions I've every heard in such a presentation: talking about business and innovation, and concluding on divorce and growing kids. Truly brilliant. And so much kindness in that man.
I keep coming back to your lectures and every time I learn something new. THANK YOU!
The talk reminds me of the importance of long term thinking. However, immensely successful disruptors can give the wrong impression about the realities of changing course. For the most part, the companies and individuals that stick to their knitting, and adapt over time, are the ones who are successful.
How can anyone even give this video a thumbs down! Awesome awesome talk
Simple. Thumbs pointing to their own intellectual level of understanding.
The man speaks better with half a brain than I do with a healthy brain ...
right? he is amazing.
how do you know it's healthy LOL =D
He is amazing and he has left a great wealth of knowledge for us and for posterity!!
He has a kindness and humour when he speaks
I am happy I was able to see this amazing presentation.
I am happy I woke up to watch this. you know your stuff.
Professor Clayton was a breathe of fresh air!😍
Every successful company needs to hear and understand these principles. Clayton predicted Intel's fall 10 years ago.
He is one of the Best! Absolutely have tonnes of respect for him 🙏
Great talk and insights that can be implemented immediately to correct the course and steer forward to create growth and success! JTBD is powerful framework!!
Thank you Clayton Christensen!
Great talk and the last 5 minutes blew my mind!
May God bless Prof Clayton. His books and talks are always impactful.
Oh my goodness, what a resourceful and brilliant prof. I acquired more things in an hour than I ever imagined.
And the deepest answers can be found by studying his life and talks on all subjects v
An outstanding talk. What professor Clayton says moves perspectives.
Yes he has a perspective that comes from listening to spiritual guidance. Study his life and you will be inspired.
One of the best business strategy talk, filled with insights. Great Q&A as well.
Sad to see such a brilliant man struggling with his health problems. God bless you, professor
Great!! Specially the last 5 minutes.
Just sums up our lives.
Needed this talk today. Thank you Prof. Christensen.
Brilliant talk...so sorry to hear of his passing.
This talk is just absolutely amazing. Insightful and Inspiring :)
Do you mind summing it up for me? What is the answer to the question: Where Does Growth Come From?
Clayton, this content is required viewing. I will share this with care. Thank you.
1 hour 4 mins in... this talk is amazing!!!!
Thank you Clay for being one of the most brilliant and humble humans we've had the honour of learning from ❤
God bless you, you are a great man. I am so inspired by you and your books. Thank you.
Such committment to the discipline. Salutes professor
Four types of innovations:
1. Potential products
2. Sustaining innovations
3. Disruptive products
4. Efficiency innovations
Architecture to every job to be done:
1. There's a job to know given the situation I'm in. Functional, emotional, successful
3. How will they choose us.
2. What are the experiences we need to provide to do the job perfectly.
3. What kind of brand do we need to apply to that product.
What a wonderful and enlightening talk, great lessons for us all!
It was worth my time - every minute of it, but the last 4 minutes are transformational - thank you
Study more of his life Ed if you will.
A great master and as his books brings to us very powerful mind set to make successful decisions. Thank You, Professor wherever you are.
Thanks for sharing, your knowledge will live forever
A very humble human being, with a very deep practical insight of his research know -how.
Truly immense learning to listen / understand his perspective.
Didn't know about him until I watched this lecture. I loved what he said in the last 5 minutes, something to digest
Having studied marketing for a short while this, so far, has blown my mind, along with marketing curriculum I just studied, away.
The answer to the last question on how to measure your life is such a perfect extension of how the metrics enabled short term success and optimizing for that metric ended up costing them long term success. Beautiful mind.
It's so sad that the quality of the talk, has not been matched by the quality of the video. Please show the slides in full screen to bring out full value of Mr Christensen's fantastic lecture. Thank you
It is a light that will never go out...
So true Frederick. Study his life for the deepest insights.
There should be an accreditation attached to this presentation which is a perfect 10/10 must see for startups.
Very elucidating talk. May he rest in peace. 🙏🏻
There is more to learn by studying his life Claire.
what a great way to explain how we use the wrong metrics to measure our lives. Amazing!!
So right Justus. Study his life deeply and you will find clear answers for your own life v
To have a better product than your compactors is from the SOUL not from competition, and this process of creating can coms from the love of humanity, and the direction from an internal power, which is eternal and only need the same power of love.
Amazing man and amazing speech. Thank you for sharing this.
If you serve people, if you work hard and similar to Clayton Kristensen, so much valuable, please, please feel free to NOT apologies for any disability you’ve been injured providing this service. It hurts.
..enormous respect for this person.....
Great talk. By this analysis what Tesla and SpaceX is doing is absolutely perfect.
36 mins in... From my google history of recent times i see why I came down this youtube spiral. I'm glad to see Daniel Goleman's talks on Focus and Emotional Intelligence sits close by on recommended very close to Chris Cornell's Best of Higher Truth Tours video. I do wonder as Poor as I am if i should still feel as Guilty as I do for being as blessed as I am to experience such insight and beauty from the such is my youtube rabbit hole.
The answer to the very last question is worth the entire talk.
21:40 before you start the video, explains a lot
An incredible mind at work. Just wonderful.
We have new thinking to improve our education system, to bring growth to our younger generations yet to come, we must remove the obstacles of the past system that does not help with the growth of the brilliant young brains, that's suppressed.
Thought provoking bussines. I am applying those principles in my bussiness. Thank u for ur information.
Great Talk. Really enjoyed it. Specially the answer to the final question
The last question and clay’s response just blew my mind. Apart from the fact based talk hearing his personality speak really brings to light the importance of your loved ones.
Man I remember watching this in my kitchen in 2016. Complete game changer.
God bless you Clay. Praying for your cancer treatment.
I am just reading his work now and its such an inspiration!
Thanks to Prophet Uebert Angel, I got to learn about Mr. Clayton M Christensen in one of his Church Services. Regards South Africa.
Beautiful SPK. Study his life and talks and you will gain much.
Splendid, I like the last four minutes of how to apply the disruptive theory in our family life , ...very useful
The milkshake sentence is by far one of the funniest AND most brilliant things( at the same time) I've heard in my 44 year life.....hats off
wow!! its amazing to hear these thoughts (especially after he told the audience about his loss of speech situation!)
Superb. Loved the part about how will you measure your life.
enjoyed the whole talk, thank you for uploading this. Interesting thoughts and a lot ive learned just from this one video.
what a good teacher. define and learn
it's easier to outsource than to innovate (regarding profit ratio around 54 mins)-- great point
RIP Professor. Thank you for your contributions.
Amazing Talk! RIP Professor
Is there anyway we can get the link to the slides for this talk?
This great talk and I really wish the videographer would have captured the slides properly as the content on the slides are not clear!!
it is the most insightful speech ever!
What I thought is about the impression you have left on me. Didn’t know that you yourself have left this world forever. RIP professor.
What a great person and deep thinker he was, rarest of rare
08:36 Intro to 4 types of innovation
09:29 Type 1. Potential innovation
29:11 Type 2. Sustaining products
30:40 Type 3. Disruption
31:45 What is disruption?
Steve Jobs read Clayton Christensen's book " the innovator dilemma"
One of the best professor , I studied at HBS.
thank you for making this available
Hats off to u sir.... U sir are inspirational
That last answer was marvelous.
Lovely and insightful guy with humor. Love it.
This is a fantastic talk, a very interesting way of thinking about things. Does anyone know if the slides from this talk are available anywhere??
Found these slides for a talk he did in 2018 on similar topics. It is not an exact copy of this talk but many of the key slides are in there: www.innosight.com/insight/leading-transformation-ceo-summit-munich-2018/
1:05:48 Question "So I want to say if you could help clarify the way that we talk about disruption in regard to the technology itself, we have a couple of technologies at google that could be considered , that are often called disruptive technologies, Artificial intelligence , Machine Learning which is very much being built internally into the organization its helping improve what we do as a company and can be seen as a sustaining innovation and then we have autonomous cars being built external much more inline with a disruptive model, is it the technology that's a disruption or is it the application of the technology is it the market effect that makes it disruptive”?
Great Question So important ( Blessings)
Answer "In Many ways I made a mistake calling the phenomena disruptive "disruptive" because There are so many connotations of the word disruptive in the english language and so There are alot of people who call anything that is a dramatic improvement or a breakthrough disruptive and that's not true. So almost always disruption is built within the business model of enterprise, not by developing the best technology.”
Very interesting! Enjoyed it and learnt a lot!
A great man at his best.
Very good talk. Learned a lot.