Disruptive Technology Is A Theory. It Says

If The Technology Is Disruptive, On The Other Hand, The Odds Are That At The End Of The Transition, The Leaders Will Have Been Toppled And New Companies Will Be On Top.

And If Your Attitude Is That Only Smarter People Have Something To Teach You, Your Learning Opportunities Will Be Very Limited. ... When We See People Acting In An Abusive, Arrogant, Or Demeaning Manner Toward Others, Their Behavior Almost Always Is A Symptom Of Their Lack Of Self-esteem. They Need To Put Someone Else Down To Feel Good About Themselves.

In My First Career I Had Founded My Own Company, With A Group Of Mit Professors, Before Coming To Harvard To Finish My Doctorate, And So I Had A Deep Respect For The Brains, Talent, And Dedication Of Managers. That Made It Hard For Me To Believe The Attributions In The Business Press That Stupid Management Was To Blame. So I Looked Elsewhere For An Explanation.

We Are All Trained To Be Data Driven People, But No Hard Data Exist About The Future. Therefore, The Only Way To Look Into The Future With Any Degree Of Accuracy Is To Use Theory, Statements Of What Causes What And Why. If Executives Have The Right Theories In Their Heads, They Can Very Quickly Interpret Market Developments. They Can Identify What Matters And Why, And Act Accordingly. So We Suggest Decision-makers Should Start By Gaining A Deep Understanding Of The Relevant Collection Of Theories, And Then Be Alert For Signals That Indicate Certain Types Of Developments.

You Can't Find Returns In Investments You Haven't Made.