Disruptive Innovation_ChristensenInstitute

The Innovator’s Dilemma:
When New Technologies Cause Great Firms to Fail


January 1, 1997

By: Clayton M. Christensen

Even the most outstanding companies can do everything right—yet still lose market leadership.

The Innovator’s Dilemma explains how companies miss out on new waves of innovation. No matter the industry, a successful company with established products will get pushed aside unless managers know how and when to abandon traditional business practices.

Offering both successes and failures from leading companies as a guide, The Innovator’s Dilemma offers readers a set of rules for capitalizing on the phenomenon of Disruptive Innovation.


Clayton Christensen is the Kim B. Clark Professor of Business Administration at the Harvard Business School and is the architect of Disruptive Innovation. Clay was named the World’s Most Influential Business Management Thinker in 2011 and 2013.