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Revenue Builders

Innovation, Growth and Failure

Aug 22, 2024
Mark Roberge, former CRO of HubSpot and co-founder of Stage 2 Capital, joins the conversation to unpack disruption in business. He delves into the themes from Clayton Christensen’s 'The Innovator's Dilemma,' illustrating how even successful companies falter against disruptive innovation. Roberge discusses the impact of AI and cloud technologies on established firms, urging a shift towards customer-centric innovation. His insider anecdotes offer valuable insights for business leaders navigating the complex landscape of modern technology and competition.
56:57

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Podcast summary created with Snipd AI

Quick takeaways

  • Disruptive innovation fundamentally reshapes markets, often displacing established firms that fail to adapt, as seen with cloud computing's rise.
  • Successful companies must adopt an 'outside-in' approach, prioritizing customer feedback over emotional attachment to past innovations.

Deep dives

Understanding Disruptive vs. Sustaining Innovation

The podcast differentiates between disruptive and sustaining innovations, emphasizing how these concepts are pivotal for understanding industry dynamics. Disruptive innovation refers to when a new technology fundamentally changes how a market operates, often displacing established companies, while sustaining innovation focuses on improving existing products. The discussion highlights historical shifts in technology, like the move from mainframes to cloud computing, which led to the rise of new industry leaders such as Salesforce and Workday. This framework allows businesses today, particularly in the B2B software sector, to prepare for the imminent shifts brought by advancements like AI.

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