Keep the faith. That’s what I said to a client who is going through a crisis of confidence. Over the summer he had put together the underpinnings of what on paper looked like a promising growth business. But — as is usually the case — the more he analyzes, the more he doubts; the more [...]
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In 1995, a young Harvard Business School Professor co-authored an article in Harvard Business Review, “Disruptive Technology: Catching the Wave.” He and his co-author proposed a new causal mechanism that explained the surprising failure of highly-regarded companies. The most punishing innovations, they argued, were the ones that were easy to dismiss at first blush — [...]
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