When To Pivot

Most companies achieve success by responding to what their customers want and consistently pursuing higher profits. However, when confronting certain innovations, the strategies that help companies thrive under normal circumstances can instead lead to their demise.

According to Clayton M. Christensen, these kinds of innovations—called disruptive innovations—don’t come along very often, but when they do, they change how companies make and market products, the types of customers that buy them, and how they use them. The Innovator’s Dilemma explains how to recognize disruptive innovations, why they cause industry-leading organizations to fail, and how to avoid the same fate. In this guide, we’ll lay out Christensen’s ideas and explore how they compare to those of other business and management experts who also advise on how to navigate innovative changes.

All business methods, technologies, and consumer products grow obsolete and are replaced by something new. Innovation is the process of discovering those new ways of living, working, and doing business, and entrepreneurs are the people who work to bring the future into being. In Innovation and Entrepreneurship, Peter F. Drucker describes innovation as a methodical process to find ways to improve every aspect of business and life.

Drucker is widely regarded as one of the most influential thinkers in the field of modern management. In this guide, we’ll describe Drucker’s template for structuring an entrepreneurial organization and how to explore innovative opportunities. We'll go over strategies for bringing innovations to the market and discuss how to manage entrepreneurial startups. We’ll also examine how Drucker’s ideas carry forward into the 21st century, and we’ll compare how Drucker’s thoughts on innovation compare to those of business leaders today.

Every company must navigate a changing business landscape, but not all changes are equal. Some will require only minor adaptations, while others will turn your industry upside down. Andrew Grove's Only the Paranoid Survive provides a practical guide for business leaders struggling to navigate a major disruption to their industry.

Drawing on his experience as the CEO of Intel, Grove provides clear guidance on preparing for, identifying, and adapting to the kinds of upheavals that send less agile companies out of business. In this guide, we'll provide an overview of Grove's advice while connecting his ideas to contemporary market research and advice from other leading business strategists.

Have you ever wondered why so many high-tech products seem to make a sensational entrance, but then disappear before they’re refined enough to become practical? Marketing consultant Geoffrey Moore has an explanation: They fall into a “chasm” that separates the early market from the mainstream market.

In this guide, we’ll explore the chasm phenomenon, analyzing Moore’s model and comparing it to others that examine the way innovations are adopted. Then, we’ll look at Moore’s strategy for piloting a product across this chasm to mainstream success by targeting a niche market, forming corporate alliances to ensure the customer gets a complete solution, positioning your product as the market leader in that niche, and setting up an effective distribution channel.

Many business leaders face a common problem: the tendency to get caught up in day-to-day operations and short-term goals at the expense of long-term strategy and purpose. In The Vision Driven Leader, CEO and best-selling author Michael Hyatt offers a guide for business leaders who want to avoid this pitfall, transform their leadership approach, and drive their organizations toward greater success. Hyatt explains that effective leadership begins with a clear, compelling vision for the future. Without a well-defined vision, leaders and their teams often struggle with direction, motivation, and achieving meaningful results.

In our guide, we’ll first explain what a vision driven-leader is and the benefits of having a strong vision. Then we’ll provide a three-step process for establishing your vision, including 1) crafting a vision, 2) getting others on board with your vision, and finally 3) implementing your vision. In our commentary, we’ll add psychological principles to explain Hyatt’s ideas, potential counterarguments or drawbacks to his advice, and tips for putting his recommendations into practice.

Every company must navigate a changing business landscape, but not all changes are equal. Some will require only minor adaptations, while others will turn your industry upside down. Andrew Grove's Only the Paranoid Survive provides a practical guide for business leaders struggling to navigate a major disruption to their industry.

Drawing on his experience as the CEO of Intel, Grove provides clear guidance on preparing for, identifying, and adapting to the kinds of upheavals that send less agile companies out of business. In this guide, we'll provide an overview of Grove's advice while connecting his ideas to contemporary market research and advice from other leading business strategists.

Many business leaders face a common problem: the tendency to get caught up in day-to-day operations and short-term goals at the expense of long-term strategy and purpose. In The Vision Driven Leader, CEO and best-selling author Michael Hyatt offers a guide for business leaders who want to avoid this pitfall, transform their leadership approach, and drive their organizations toward greater success. Hyatt explains that effective leadership begins with a clear, compelling vision for the future. Without a well-defined vision, leaders and their teams often struggle with direction, motivation, and achieving meaningful results.

In our guide, we’ll first explain what a vision driven-leader is and the benefits of having a strong vision. Then we’ll provide a three-step process for establishing your vision, including 1) crafting a vision, 2) getting others on board with your vision, and finally 3) implementing your vision. In our commentary, we’ll add psychological principles to explain Hyatt’s ideas, potential counterarguments or drawbacks to his advice, and tips for putting his recommendations into practice.

All business methods, technologies, and consumer products grow obsolete and are replaced by something new. Innovation is the process of discovering those new ways of living, working, and doing business, and entrepreneurs are the people who work to bring the future into being. In Innovation and Entrepreneurship, Peter F. Drucker describes innovation as a methodical process to find ways to improve every aspect of business and life.

Drucker is widely regarded as one of the most influential thinkers in the field of modern management. In this guide, we’ll describe Drucker’s template for structuring an entrepreneurial organization and how to explore innovative opportunities. We'll go over strategies for bringing innovations to the market and discuss how to manage entrepreneurial startups. We’ll also examine how Drucker’s ideas carry forward into the 21st century, and we’ll compare how Drucker’s thoughts on innovation compare to those of business leaders today.