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Competing Against Luck The Story of Innovation and Customer Choice

Competing Against Luck: The Story of Innovation and Customer Choice

By Clayton M Christensen, Taddy Hall, and Karen Dillon

Discusses how companies can "transform innovation from a game of chance to one in which they develop products and services customers not only want to buy, but are willing to pay premium prices for"--Amazon.com.

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Book Information

Publisher: Harper Business
Publish Date: 10/04/2016
Pages: 288
ISBN-13: 9780062435613
ISBN-10: 0062435612
Language: Eng

What We're Saying

October 07, 2016

Clayton Christensen changed the world of business with his theory of disruptive innovation. His “Theory of Jobs to Be Done” may be even bigger. READ FULL DESCRIPTION

October 04, 2016

In his new book, Clayton Christensen—one of the giants of business thought and business books—offers a new theory of innovation. READ FULL DESCRIPTION

January 03, 2018

Thank you to everyone who helped bring 800-CEO-READ's 2017 Bestsellers to life. READ FULL DESCRIPTION

Full Description

The foremost authority on innovation and growth presents a path-breaking book every company needs to transform innovation from a game of chance to one in which they develop products and services customers not only want to buy, but are willing to pay premium prices for.

How do companies know how to grow? How can they create products that they are sure customers want to buy? Can innovation be more than a game of hit and miss? Harvard Business School professor Clayton Christensen has the answer. A generation ago, Christensen revolutionized business with his groundbreaking theory of disruptive innovation. Now, he goes further, offering powerful new insights.

After years of research, Christensen has come to one critical conclusion: our long held maxim--that understanding the customer is the crux of innovation--is wrong. Customers don't buy products or services; they "hire" them to do a job. Understanding customers does not drive innovation success, he argues. Understanding customer jobs does. The "Jobs to Be Done" approach can be seen in some of the world's most respected companies and fast-growing startups, including Amazon, Intuit, Uber, Airbnb, and Chobani yogurt, to name just a few. But this book is not about celebrating these successes--it's about predicting new ones.

Christensen contends that by understanding what causes customers to "hire" a product or service, any business can improve its innovation track record, creating products that customers not only want to hire, but that they'll pay premium prices to bring into their lives. Jobs theory offers new hope for growth to companies frustrated by their hit and miss efforts.

This book carefully lays down Christensen's provocative framework, providing a comprehensive explanation of the theory and why it is predictive, how to use it in the real world--and, most importantly, how not to squander the insights it provides.

About the Authors

Clayton M. Christensen is the Kim B. Clark Professor of Business Administration at Harvard Business School. In addition to authoring a number of highly influential Harvard Business Review articles, he is the author of eight critically acclaimed books, including the bestsellers The Innovator's Dilemma, The Innovator's Solution, How Will You Measure Your Life?<

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Taddy Hall is the Chief Strategy Officer at The Advertising Research Foundation and a well-known authority in the fields of innovation and strategy.

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Rob Cross is the Edward A. Madden Professor of Global Leadership at Babson College and the cofounder and director of the Connected Commons, a consortium of more than 150 leading organizations.

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