Clayton Christensen Quotes

When leaders of a professional team perform a scan, they examine the trends dominating their customer demographics, education, government policy, and especially their competition.

When I broke in, in 1957, it was wide open. Now you're up against strong competition.

But the real focus should be on people who are buying today because the base is so big it will take a long time for any change materialize on an overall basis.

The leader of the market today may not necessarily be the leader tomorrow.

You can learn everything that there is to know about the industry or the player from the company that is performing better or worse.

Never, never try to scope the market.

We recognize the need to adapt to a changing competitive environment.

I think every market has lot of things in common, and at the same time, every market has lot of different things.

It's very difficult in the technology space when you have been leapfrogged to prosper again.

You need to understand the market, know how you can differentiate yourself in it, and grasp the price and the functional differentiation competitive points that are going to allow you to be disruptive.

Markets change, tastes change, so the companies and the individuals who choose to compete in those markets must change.

Facebook is terrifying to the traditional games biz.

I like the PC market. It's a big market, but it's a very volatile market as well.

For every company that sees the value of their capital go up, there's another company that has been disrupted, and the value of their capital gets marked down because it's not going to compete in the same way.

You've got to do the research. You've got to understand the market place, know your competitors.

There's always competitors out there, one way or another.

Look at the computer industry. I've watched a lot of companies come and go, some that were right at the pinnacle of their success.

Tomorrow I will have new competitors such as Google, Microsoft, and Facebook coming into my garden. I'd rather focus on the competition of tomorrow than combine with the competition of today.

A market does not culminate in one grand blaze of glory. Neither does it end with a sudden reversal of form. A market can and does often cease to be a bull market long before prices generally begin to break.

It is the new and different that is always most vulnerable to market research.

It takes a man a long time to learn all the lessons of all of his mistakes. They say there are two sides to everything. But there is only one side to the stock market; and it is not the bull side or the bear side, but the right side. It took me longer to get that general principle fixed firmly in my mind than it did most of the more technical phases of the game of stock speculation.

If we have 99% [market] share of Ford Company, the question to us is 'How do we improve the customer satisfaction in order to get that additional 1% share?

It's hard to overemphasize how important Ford's deregulation was. True, most of the benefits took years to unfold-rail freight rates, for example hardly budged at first. Yet deregulation set the stage for an enormous wave of creative destruction in the 1980s.

I never hesitate to tell a man that I am bullish or bearish. But I do not tell people to buy or sell any particular stock. In a bear market all stocks go down and in a bull market they go up.

I read annual reports of the company I'm looking at and I read the annual reports of the competitors - that is the main source of material.