Innovator’s Dilemna

I had a chance to hear Clayton M. Christensen, the author of Innovator’s Dilemma and Innovator’s Solution, speak today. I enjoyed his first book, Innovator’s Dilemma, and it was really interesting to hear him apply his ideas to current technologies. Clayton talked not only about distruptive technologies that companies miss, but disruptive technologies that they are not able to take advantage of in the markets they serve. For example, he argued that solar power will not develop into a mature technology in the United States because we will not be forgiving of an immature product – we expect 24/7 uptime from our electricity. On the other hand, people living in Mongolia are excited to have solar technology – they don’t depend on electricity 24/7 and are ok with it going out often. He gave a couple of similar examples and ended up having an interesting conversation with Tim O’Reilly who was in the audience.