Businesses Want To Think In Terms Of

Core Competence, As It Is Used By Many Managers, Is A Dangerously Inward-looking Notion. Competitiveness Is Far More About Doing What Customers Value Than Doing What You Think You're Good At.

Intimate, Loving, And Enduring Relationships With Our Family And Close Friends Will Be Among The Sources Of The Deepest Joy In Our Lives.

The Personal Computer Was A Disruptive Innovation Relative To The Mainframe Because It Enabled Even A Poor Fool Like Me To Have A Computer And Use It, And It Was Enabled By The Development Of The Micro Processor. The Micro Processor Made It So Simple To Design And Build A Computer That Ib Could Throw In Together In A Garage. And So, You Have That Simplifying Technology As A Part Of Every Disruptive Innovation. It Then Becomes An Innovation When The Technology Is Embedded In A Different Business Model That Can Take The Simplified Solution To The Market In A Cost-effective Way.

How Could Digital's Collapse Be So Precipitous? It's Because, In Many Ways, Financial Performance Data Is Misleading. As You Move Up To The Top Of The Market, You're Getting Rid Of The Less Profitable Products At The Low End And Adding Business With More Attractive Margins At The High End. The Rate Of Unit Volume Growth Might Be Tapering Off As You Pursue These Smaller Markets, But Your Margins Actually Look Better. So Wall Street Rewards Your Stock Price Until You Hit The Ceiling.

Almost Always Great New Ideas Don't Emerge From Within A Single Person Or Function, But At The Intersection Of Functions Or People That Have Never Met Before.