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Clayton Christensen: How Pursuit of Profits Kills Innovation and the U.S. Economy – Forbes

The problem lies with the business schools which are at fault. What we’ve done in America is to define profitability in terms of percentages. So if you can get the percentage up, it feels like we are more profitable. It causes us to do things to manipulate the percentage. […] Christensen even suggests that in slavishly following such thinking, Wall Street analysts have outsourced their brains.

Clayton Christensen: How Pursuit of Profits Kills Innovation and the U.S. Economy in Forbes. Hat tip: Lane Becker.

6 replies on “Clayton Christensen: How Pursuit of Profits Kills Innovation and the U.S. Economy – Forbes”

Matt, what do you think about SOPA and the Patriot IP Act? I would love to read your opinion about this law presented by “TEXAN REPUBLICAN” LAMAR SMITH, that will censor and change the internet for ever.

[…] Matt had a fun piece posted on his blog via a Forbes piece by HBS Professor Clayton Christensen, author of The Innovator’s Dilemna (1997), Seeing What’s Next (2004) and Disrupting Class (2010). It’s a presentation he made at this year’s Gartner Symposium ITxpo in October, entitled Reinventing IT. […]

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