Clayton M. Christensen (Scholar)

Clayton M. Christensen was an American scholar and professor at Harvard Business School, best known for his work on innovation and business strategy. He introduced the concept of "disruptive innovation," which describes how smaller companies with fewer resources can successfully challenge established businesses by creating new markets or altering existing ones. Christensen's influential book, "The Innovator's Dilemma," explores how successful companies can lose their market leadership by failing to adopt new technologies or business models. His ideas have shaped how businesses approach innovation and competition, making him a key figure in modern management theory.