Books Quote by Clayton M. Christensen
““Given that aim, technology, as used in this book, means the processes by which an organization transforms labor, capital, materials, and information into products and services of greater value.””
About This Quote
Source Book: The Innovator’s Dilemma, Clayton M. Christensen, 1997
Technology is defined as the set of processes that convert inputs like labor, capital, materials, and information into higher‑value outputs for an organization.
In simple terms: Technology transforms resources into more valuable products and services.
Leverage processes to increase value creation.
Themes
Mood
Type
When to use this quote
- product development
- operational improvement
- business model redesign
- supply chain optimization
Key Concepts
Questions to Reflect On
- How can you redesign processes to add more value?
- What risks arise when focusing solely on value increase?
Assumes all transformations are beneficial, ignoring potential negative externalities.