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innovator's dilemma. In DICTIOUS you will not only get to know all the dictionary meanings for the word
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English
Etymology
Described in the 1997 book The Innovator's Dilemma by American business consultant Clayton Christensen.
Proper noun
the innovator's dilemma
- The observation that well-established companies tend to concentrate on improving existing products, leaving them vulnerable to new competitors and disruptive technologies.
2013 August 28, Derek Thompson, “How Goliaths Beat Themselves: Microsoft's Mobile Failure and the Innovator's Dilemma”, in The Atlantic:Some of the best pre-mortems for Steve Ballmer, out-going CEO of Microsoft, have chalked up the company's problem to the "innovator's dilemma."
2014 July 9, Megan Garber, “When Harry Met eHarmony”, in The Atlantic:The generous reading of all this is that recent films and their creators became victims, essentially, of the innovator's dilemma: They got too good at obeying their own, once-successful formulas—and failed to see beyond them.
See also