Twenty years after the introduction of the theory, we revisit what it does—and doesn’t—explain. by Clayton M. Christensen, Michael E. Raynor and Rory McDonald Please enjoy this HBR Classic. Clayton M.

Transformative innovation focuses on creating systemic change with lasting social and economic impacts, diverging from the previously overhyped concept of “disruptive innovation.” Long-term stability ...

As social media and now AI dramatically alter how we consume and create information and relate to each other, worries are mounting. What’s notable is that we’ve been here before. Despite similar ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More In 1971, Advanced Research Projects Agency Network (ARPANET), the ...

The impact of technological advancements and innovation is rarely a rising tide that lifts all boats. Instead, it can be a current that pulls some far ahead, leaving others behind. Take the internet, ...