Disruptive Innovation: The Christensen Collection (The Innovator's Dilemma, The Innovator's Solution, The Innovator's DNA, and Harvard Business Review article "How Will You Measure Your Life?") (4 Items)

CHAPTER THREE Disruptive Technological Change in the Mechanical Excavator Industry

Excavators and their steam shovel predecessors are huge pieces of capital equipment sold to excavation contractors. While few observers consider this a fast-moving, technologically dynamic industry, it has points in common with the disk drive industry: Over its history, leading firms have successfully adopted a series of sustaining innovations, both incremental and radical, in components and architecture, but almost the entire population of mechanical shovel manufacturers was wiped out by a disruptive technology—hydraulics—that the leaders’ customers and their ...