Twenty years after the introduction of the theory, we revisit what it does—and doesn’t—explain. by Clayton M. Christensen, Michael E. Raynor and Rory McDonald Please enjoy this HBR Classic. Clayton M.

My first startup made T-shirts with a cartoon of a stealth fighter jet. Stealth mode. Fly quietly, under the radar. Catch the incumbents off guard. A familiar refrain. Steve Blank recently released an ...

Incremental innovation involves perfecting existing processes and products, making them faster, more cost-effective or more precise. This is the case, for example, of algorithms that reduce energy ...

Just over a decade ago, Clayton Christensen and I predicted that serious challenges were coming to higher education. Thanks to a confluence of factors—unsustainable business models and cost structures ...

This post originally appeared on the Christensen Institute’s blog and is reposted here with permission. Jeff Selingo and I have had an ongoing dialogue over the decade-plus I’ve known him about the ...

In the early 2000s, Netflix co-founders Reed Hastings and Marc Randolph found themselves in a meeting that could have dramatically altered the trajectory of their fledgling company. Following the ...