Disruptive innovations create jobs, efficiency innovations destroy them.
Interpretation
Disruptive innovations lead to new job opportunities, while efficiency innovations often result in job losses.
This quote by Clayton Christensen highlights the dual nature of innovation in the economy. Disruptive innovations introduce new products or services that transform markets and create new jobs, often in sectors that did not previously exist. On the other hand, innovations aimed at improving efficiency can lead to the elimination of existing jobs, as processes are streamlined and costs are reduced. This underscores the complex relationship between technological advancement and employment dynamics.
In practice
Using this quote in a presentation discussing the impact of technology on the job market.
You can talk all you want about having a clear purpose and strategy for your life, but ultimately this means nothing if you are not investing the resources you have in a way that is consistent with your strategy. In the end, a strategy is nothing but good intentions unless it's effectively implemented.
...it's easier to hold to your principles 100% of the time than it is to hold to them 98% of the time.
Focus is scary—until you realize that it only means turning your back on markets you could never have anyway. Sharp focus on jobs that customers are trying to get done holds the promise of greatly improving the odds of success in new-product development.
Don't worry about the level of individual prominence you have achieved; worry about the individuals you have helped become better people.
Whenever we have thanked these men and women for what they have done for us, without exception they have expressed gratitude for having the chance to help - because they grew as they served.
Intimate, loving, and enduring relationships with our family and close friends will be among the sources of the deepest joy in our lives.
I don't think in today's world you can go too far. However you may feel about social media or the Internet or selfies, it's part of how we all live today. 'Vogue' needs to understand and reflect that.
The marketplace judges technologies by their practical effectiveness, by whether they succeed or fail to do the job they are designed to do.
Cryptocurrency currencies take the concept of money, and they take it native into computers, where everything is settled with computers and doesn't require external institutions or trusted third parties to validate things.
The computer was born to solve problems that did not exist before.
Ere many generations pass, our machinery will be driven by a power obtainable at any point of the universe.
Innovation has nothing to do with how many R&D dollars you have. When Apple came up with the Mac, IBM was spending at least 100 times more on R&D. It's not about money. It's about the people you have, how you're led, and how much you get it.
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