To say Harvard Business School professor Clayton Christensen, who passed away on Jan. 23, changed the trajectory of my life would be a severe understatement. BOSTON, MA—Clayton M. Christensen, Harvard Business School’s Kim B. Clark Professor of Business Administration, acclaimed author and teacher, and the world’s foremost authority on disruptive innovation, died on January 23, 2020, surrounded by his loving family. Clayton Christensen, author of 'The Innovator's Dilemma,' passed away on January 23, 2020. “So much management theorizing comes and goes. Those who knew Christensen also remember him as a masterful woodworker, saying he loved building furniture by hand, including some pieces in his office. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. “Our hearts are heavy as we mourn the passing of Clayton Christensen,” said a statement released by his family, including his wife, Christine Christensen. Harvard professor Clayton Christensen, who coined disruptive innovation, died last week. Several tech industry figures paid tribute to Christensen on Friday. We are better people for knowing him," the Christensen Institute, the Boston-based nonprofit think tank he founded, Christensen, a Harvard Business School professor, is best known for his book, "The Innovator's Dilemma." Christensen’s groundbreaking theories, best-selling books, and devotion to his teaching earned him celebrity status and a reputation as a prolific, world-class thinker. He was 67 years old. Harvard professor Clayton Christensen, who coined disruptive innovation, died last week. Say not in grief he is no more - but live in thankfulness that he was If you’re reading my blog, odds are you know who Clayton Christensen was. Karen Dillon, a former editor of the Harvard Business Review and co-author of three books with Christensen, said some of her fondest memories were seeing people excitedly approach him during events they spoke at or attended — particularly young people asking him for a selfie. Using examples ranging from transistor radios to personal computers, Christensen's theory explained how large, established companies can be vulnerable to newer technologies that don't immediately fit with the needs of mainstream customers but quickly go on to dominate a market. “At first someone came up with a camera and I sort of edged into the picture and then I realized they wanted to hand me the camera to take a picture of the two of them,” Dillon said, laughing. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. Editor's note: Every year, HBS Professor Clayton Christensen teaches students that well-tested academic theories can help them succeed not just in business, but in life. Mark S. Selawry, a former student of Christensen’s, recalls him using the final lecture in a 1998 course to remind his students of their responsibility to others. Enjoy the best Clayton M. Christensen Quotes Page 2 at BrainyQuote. Christensen urged those in the class — many of whom were looking to someday become business leaders — to take not just a professional but also a custodial interest in their employees and colleagues. San Francisco (CNN Business)Clayton Christensen, the prominent management thinker whose ideas on technology had a big influence on some of today's largest companies, has died. Christensen, known as the world’s foremost authority on “disruptive innovation,” died Jan. 23 surrounded by his family after a year-long battle with leukemia. Ten years ago, he suffered from lymphoma and a stroke. An excerpt from the influential business thinker's book 'How Will You Measure Your Life?' Michael B. Horn — who was a student of his, co-authored a book with him, and co-founded the Clayton Christensen Institute — said Christensen still drove his “beat up” Honda Accord to work everyday long after he became a “famous guru.”. All times are ET. Clayton Christennsen (born April 6, 1952) is famous for being non-fiction author. The book has had an impact on some of the tech industry's most prominent founders — it's one of the top titles. “But disruptive innovation for a very long time pointed to something very important. Unless you’re an avid reader of the sort of books CEOs tote around, you may not have heard of Clayton Christensen. It's a term of art.”. But above all, his students, colleagues, and friends all said his lasting legacy was the way he built up people around him. HBS Dean Nitin Nohria praised Christensen’s influential research on how industries and companies approach management. “Our family is grateful for the outpouring of love and support we have received over the past few days,” the family said in a statement. Quotations by Clayton M. Christensen, American Author, Born April 6, 1952. Everyone who writes about innovation stood on his shoulders. Christensen, who had been in poor health for more than a decade, died of complications of leukemia, according to Nitin Nohria, dean of the Harvard Business School. B. Clark Professor of Business Administration at Harvard Business School who wrote the pioneering book, “The Innovator’s Dilemma,” died last Thursday, Jan. 23 in a Boston hospital. He was twice ranked at the top of the magazine's Thinkers 50 list. His humility and passion for the low-end was always on display,” Horn said. Icons & Innovators Clayton Christensen, 'The Innovator's Dilemma' Author, Is Dead at 67 The Harvard professor, whose ideas about innovation had a profound influence on … ‘A Huge Disruption’: Students Testing Positive for COVID-19 Report Confusing HUHS Communication, Local Businesses Fight for Revival of Harvard Square, Gear Up for Winter, DSO Staff Reflect on Fall Semester’s Successes, Planned Improvements for Spring, At Least Five GSAS Departments To Admit No Graduate Students Next Year, UC Passes Legislation to Increase Transparency of Community Council, HUPD. Clayton Christensen, a longtime professor at Harvard Business School who became famous worldwide after authoring the best-selling business book, “The … He is survived by his wife Christine, five children — Matthew, Ann, Michael, Spencer, and Catherine — and nine grandchildren. Unless you’re an avid reader of the sort of books CEOs tote around, you may not have heard of Clayton Christensen. Clayton Christensen, one of the most influential professors in the long history of Harvard Business School, died yesterday (Jan. 23) of complications from the treatment of leukemia. All rights reserved. His research also pioneered a theory about how the innovation of affordable products can “disrupt” entire industries. According to Christensen’s theory, a “disruptive” business has to either originate in a low-end market and move upstream to higher value markets, or it has to create a “new market foothold,” meaning it creates a new market where none existed.“A disruptive innovation, by definition, starts from one of those two footholds,” Christensen says. Clayton Christensen, one of the most influential business management thought leaders, revered for his revolutionary theory of disruptive innovation, died Thursday, January 23 at the age of 67. Fellow HBS Professor Rebecca M. Henderson — who first met Christensen roughly 30 years ago when they were HBS graduate students — said Christensen’s seminal work changed the “vocabulary” with which business people discussed innovation. Clayton Christensen beat a heart attack, advanced-stage cancer and a stroke in three years. Christensen joined the HBS faculty in 1992. Most stock quote data provided by BATS. My Beliefs Professor Christensen’s personal beliefs have had a profound impact on the way he conducts his life. Family and friends, however, remember him most of all for his humility, patience, warmth, and eagerness to give his time to others. Here's what he learned about life, death and fixing the health care system. Factset: FactSet Research Systems Inc.2018. “His loss will be felt deeply by many in our community and his legacy will be long-lasting.”. By 2002, the upstart was showing signs of potential, with $150 million in revenues and a 36% profit margin. Clayton Christensen, renowned Harvard Business School professor, dies at 67 "Clayton Christensen was one of the great minds of our time, and his impact will be felt for generations to come." Clayton Christensen speaks on stage during Tribeca Disruptive Innovation Awards - 2016 Tribeca Film Festival at BMCC John Zuccotti Theater on April 22, 2016 in New York City. When Christensen’s former student Scott N. Boyle first moved to the Boston area with his family in 2009 after just finishing his Ph.D., his first interaction with Christensen was at their church. Clayton M. Christensen https://www.hbs.edu/news/releases/Pages/clayton-christensen-obituary.aspx … You have, however, felt the impact of his work. “Even with as busy as he was with his faculty commitments and his family, he would always find time for people,” Boyle said. The reason why it is so difficult for existing firms to capitalize on disruptive innovations is that their processes and their business model that make them good at the existing business actually make them bad at competing for the disruption. He expounds upon those lessons in his forthcoming book, How Will You Measure Your Life? His insights transformed the… Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. Learn More > Discover how novel and disruptive approaches to innovation can transform organizations and help unlock entirely new sources of growth. Nervous Blockbuster investors pressured the incumbent to look more closely at the market. He was 67. Author and Harvard Business School professor behind the New York Times bestselling book How Will You Measure Your Life. “He was way more comfortable in a Burger King or McDonald's than a nice restaurant. Christensen, 67, had been battling cancer and other health setbacks for a number of years. Clayton Christensen writes about the experiences that have shaped his life and personal faith and have encouraged him to live a life of dedication and service. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. … He was revered in the Valley by tech titans including Steve Jobs, Andy Grove and Reed Hastings. Photo: Clay Christensen. —Staff writer Amanda Y. Su can be reached at. You have, however, felt the impact of his work. My Beliefs Professor Christensen’s personal beliefs have had a profound impact on the way he conducts his life. Clayton Christensen, long-time Fletcher Road resident and Kim. Clayton Christensen, renowned Harvard Business School professor, dies at 67. Explore Indiana woman shot, killed after argument with Black Lives Matter supporters, family says. He was revered in the Valley by tech titans including Steve Jobs, Andy Grove and Reed Hastings. NEW YORK, NY - APRIL 25: (L-R) Christine Christensen, Craig Hatkoff, Clayton M. Christensen and Matthew Christensen attend The Disruptive Innovation Awards … Ten years ago, he suffered from lymphoma and a stroke. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. “If as thought leaders, we could make the world a kinder, better, more human place, then I think, according to him, we would have left our most enduring legacy,” Selawry said. SALT LAKE CITY — The funeral for Clayton Christensen, who pioneered the theory of disruptive innovation followed by Netflix CEO Reed Hastings and other business leaders, is scheduled on Saturday, Feb. 1, his family announced Sunday. According to his HBR article, Uber doesn’t meet either of these criteria. He shares his beliefs with others so they may know and understand him better, and to encourage them to lead lives of greater commitment and purpose. There’s no better way to judge the importance of a business thinker than to assess the stature of the people whom he or she influenced. Clayton Christensen, renowned Harvard Business School professor, dies at 67 "Clayton Christensen was one of the great minds of our time, and his impact will be felt for generations to come." Christensen was one of the most influential business theorists of the last half-century, according to Forbes Magazine. "The first thing is to look at disruptive technology as a growth opportunity and not as a threat," Christensen, Christensen died Thursday evening in Boston, Massachusetts, of complications from cancer treatment, his brother Carlton told. 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