Summary, The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail by Clayton M. Christensen (1997).

The Innovator’s Dilemma examines why successful companies fail to stay on top when disruptive new technologies emerge.

It explains why some companies are able to anticipate and embrace disruptive change while others fail to do so.

The book suggests that companies should continually look for disruptive technology-based opportunities in the marketplace.

It highlights the importance of investing in disruptive technologies even when they appear unprofitable in the short-term.

It outlines a framework which companies can use to assess which disruptive technologies should be pursued.

The book explains how to anticipate and manage disruptive changes to ensure long-term success.

It also explores how to create an organizational structure which encourages effective decision-making in the face of disruptive changes.

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