Traditionally, big corporations have been vulnerable to disruptive startups who can move more nimbly into new markets. But companies today are learning how to build disruption into their very essence. This session will explore the intersection between leadership, corporate culture, and disruptive innovation.
Clayton M. Christensen is the architect of and the world's foremost authority on disruptive innovation, a framework which describes the process by which a product or service takes root initially in simple applications at the bottom of a market and then relentlessly moves "up market," eventually displacing established competitors. Consistently acknowledged in rankings and surveys as one of the world's leading thinkers on innovation, Christensen is widely sought after as a speaker, advisor and board member. His research has been applied to national economies, start-up and Fortune 50 companies, as well as to early and late stage investing.
His seminal book The Innovator's Dilemma (1997), which first outlined his disruptive innovation frameworks, received the Global Business Book Award for the Best Business Book of the Year in 1997, was a New York Times bestseller, has been translated into over 10 languages, and is sold in over 25 countries. He is also a four-time recipient of the McKinsey Award for the Harvard Business Review's best article and received a Lifetime Achievement Award from the Tribeca Film Festival in 2010.
Christensen has recently focused his innovation lens on two of our most vexing social issues, education and health care. Disrupting Class, which looks at the root causes of why schools struggle and offers solutions was named one of the "10 Best Innovation and Design Books in 2008" by BusinessWeek and the best Human Capital book of the year in the Strategy + Business Best Books of 2008. The Innovator's Prescription (2009) examines how to fix the problems facing healthcare. So as to further examine and apply his frameworks to the social sector, Christensen founded Innosight Institute, a non-profit think tank, in 2008.
An advisor to numerous countries and companies, including the government of Singapore, he is currently a board member at India's Tata Consultancy Services (NYSE: TCS), Franklin Covey (NYSE: FC), W.R. Hambrecht, and Vanu. Christensen also applies his frameworks via management consultancy Innosight which he co-founded in 2000, and Rose Park Advisors, an investment firm he founded in 2007.
Christensen was born in Salt Lake City, Utah in 1952. He graduated with highest honors in economics from Brigham Young University in 1975. Later, he received an M.Phil. in applied econometrics and the economics of less-developed countries from Oxford University in 1977, where he studied as a Rhodes Scholar. He received an MBA with High Distinction from the Harvard Business School in 1979, graduating as a George F. Baker Scholar. In 1982-1983 he was a White House fellow, serving as an assistant to U.S. Transportation Secretaries Drew Lewis and Elizabeth Dole. In 1992, he was awarded a DBA from the Harvard Business School, receiving the Best Dissertation Award from the Institute of Management Sciences for his doctoral thesis on technology development in the disk drive industry. He is currently the Kim B. Clark Professor of Business Administration at the Harvard Business School.
Professor Christensen is committed to both community and church. In addition to his stint as a White House Fellow, he was an elected member of the Belmont Town Council for 8 years, and has served the Boy Scouts of America for 25 years as a scoutmaster, cub master, den leader and troop and pack committee chairman. He also worked as a missionary for the Church of Jesus Christ of Latter-day Saints in the Republic of Korea from 1971 to 1973, speaks fluent Korean, and is currently a leader in his church.
James H. Quigley is a Senior Partner with the Deloitte U.S. member firm. Deloitte member firms provide audit, tax, consulting, and financial advisory services to public and private clients in 150 countries.
Prior to his current role, Quigley was the Chief Executive Officer of Deloitte Touche Tohmatsu Limited (the Deloitte global network). Throughout his 37 years with the organization, Quigley has held numerous key leadership roles and built a distinguished track record of service to many multinational clients.
Quigley is actively engaged in a number of business organizations and committees. He is U.S. co-chairman of the TransAtlantic Business Dialogue and his board memberships include the German Marshall Fund of the United States and The Economic Club of New York. He is also a member of the Council on Competitiveness, the National Advisory Committee - Brigham Young University, Advisory Board of the Center for Leadership and Ethics - Duke Fuqua Business School and the Japan Society.
Quigley has a history of involvement in various business and community groups in the United States, including Catalyst - the Center for Audit Quality, the U.S. Chamber of Commerce, the Financial Accounting Foundation, the U.S. Council for International Business, the Business Roundtable, the Shanghai International Financial Advisory Council, the U.S. Securities and Exchange Commission Advisory Committee on Improvements to Financial Reporting, and numerous committees of the American Institute of Certified Public Accountants and Junior Achievement of New York City.
Quigley is the co-author of As One: Individual Action, Collective Power (2011), a best-selling book that addresses the leadership challenge of creating environments that inspire large groups to work together toward a common goal.
Quigley earned a Bachelor of Science degree and an honorary Doctorate of Business from Utah State University. He was awarded an honorary degree of Doctor of Commercial Science from Bentley College in Waltham, Massachusetts.
Vijay V. Vaitheeswaran
Vijay V. Vaitheeswaran is an award-winning journalist, author, and public speaker. The Financial Times recently proclaimed him to be “a writer to whom it is worth paying attention.” A 20-year veteran of The Economist, he is currently the magazine’s China business and finance editor. Kirkus Reviews has called Need, Speed, and Greed, Vaitheeswaran’s new book on global innovation, “the perfect primer for the postindustrial age.” He is a life member at the Council on Foreign Relations and advisor to the World Economic Forum. His commentaries have appeared on NPR and the BBC, and in The Wall Street Journal and The New York Times.
Clayton Christensen, professor of Business Administration at the Harvard Business School, argues that to be innovative and disruptive companies need to focus less on past data, and keep an eye open to potential future trends.
Clayton Christensen, Professor of Business Administration at the Harvard Business School, argues that despite developing a groundbreaking idea, Facebook hasn’t proven itself to be an innovative company.