Most stock quote data provided by BATS. Photo: Clay Christensen. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Christensen’s groundbreaking theories, best-selling books, and devotion to his teaching earned him celebrity status and a reputation as a prolific, world-class thinker. Noted tech entrepreneur and investor Marc Andreessen, "Incredibly sad to see the passing of Clayton Christensen,", "The Innovator's Dilemma is singularly the best explanation of business, strategy, and markets out there," Levie added. “So much management theorizing comes and goes. They’re fads,” Henderson said. Clayton Christensen, the prominent management thinker whose ideas on technology had a big influence on some of today’s largest companies, has died. Karen Dillon, a former editor of the Harvard Business Review and co-author of three books with Christensen, said some of her fondest memories were seeing people excitedly approach him during events they spoke at or attended — particularly young people asking him for a selfie. “His loss will be felt deeply by many in our community and his legacy will be long-lasting.”. “Our hearts are heavy as we mourn the passing of Clayton Christensen,” said a statement released by his family, including his wife, Christine Christensen. Christensen, 67, had been battling cancer and other health setbacks for a number of years. San Francisco (CNN Business)Clayton Christensen, the prominent management thinker whose ideas on technology had a big influence on some of today's largest companies, has died. https://www.hbs.edu/news/releases/Pages/clayton-christensen-obituary.aspx NEW YORK, NY - APRIL 25: (L-R) Christine Christensen, Craig Hatkoff, Clayton M. Christensen and Matthew Christensen attend The Disruptive Innovation Awards … “He could lose himself in creating in all kinds of ways, creating ideas, but also creating something that was enduring and lasting, like a beautiful piece of furniture,” Dillon said. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Christensen, who had been in poor health for more than a decade, died of complications of leukemia, according to Nitin Nohria, dean of the Harvard Business School. His research also pioneered a theory about how the innovation of affordable products can “disrupt” entire industries. Everyone who writes about innovation stood on his shoulders. But above all, his students, colleagues, and friends all said his lasting legacy was the way he built up people around him. “Even with as busy as he was with his faculty commitments and his family, he would always find time for people,” Boyle said. Using examples ranging from transistor radios to personal computers, Christensen's theory explained how large, established companies can be vulnerable to newer technologies that don't immediately fit with the needs of mainstream customers but quickly go on to dominate a market. Christensen urged those in the class — many of whom were looking to someday become business leaders — to take not just a professional but also a custodial interest in their employees and colleagues. —Staff writer Amanda Y. Su can be reached at. Those who knew Christensen also remember him as a masterful woodworker, saying he loved building furniture by hand, including some pieces in his office. Clayton Christensen beat a heart attack, advanced-stage cancer and a stroke in three years. An excerpt from the influential business thinker's book 'How Will You Measure Your Life?' My Beliefs Professor Christensen’s personal beliefs have had a profound impact on the way he conducts his life. Unless you’re an avid reader of the sort of books CEOs tote around, you may not have heard of Clayton Christensen. Clayton Christensen, long-time Fletcher Road resident and Kim. "Plus he was an incredibly amazing human.". Christensen joined the HBS faculty in 1992. At 6 feet 8 inches tall, renowned Harvard Business School professor Clayton M. Christensen was a giant both in academia and in stature. Here's what he learned about life, death and fixing the health care system. ‘A Huge Disruption’: Students Testing Positive for COVID-19 Report Confusing HUHS Communication, Local Businesses Fight for Revival of Harvard Square, Gear Up for Winter, DSO Staff Reflect on Fall Semester’s Successes, Planned Improvements for Spring, At Least Five GSAS Departments To Admit No Graduate Students Next Year, UC Passes Legislation to Increase Transparency of Community Council, HUPD. All rights reserved. Christensen: The core problem is that for whatever reason, when God created the world, he oriented us to always be looking into the future. Factset: FactSet Research Systems Inc.2018. To say Harvard Business School professor Clayton Christensen, who passed away on Jan. 23, changed the trajectory of my life would be a severe understatement. By 2002, the upstart was showing signs of potential, with $150 million in revenues and a 36% profit margin. —Staff writer Amanda Y. Su can be reached at amanda.su@thecrimson.com. Clayton Christensen, the management thinker who conceived and developed the idea of “disruptive innovation” and influenced generations of business students and entrepreneurs, has died, aged 67. Clayton Christensen Passes Away, Professor Christensen and I, Kobe Bryant and Measuring Your Life Posted on Monday, January 27, 2020 Monday, January 27, 2020 Author by Ben Thompson There is no greater influence on Stratechery than Professor Clayton Christensen, but it is another death — Kobe Bryant’s — that reminds me of what truly matters. Much of Christensen’s work centered on identifying factors that determine how businesses innovate in existing and prospective markets. … Learn More > Discover how novel and disruptive approaches to innovation can transform organizations and help unlock entirely new sources of growth. Clayton M. Christensen Christensen joined the HBS faculty in 1992. Clayton Christensen, renowned Harvard Business School professor, dies at 67 "Clayton Christensen was one of the great minds of our time, and his impact will be felt for generations to come." Unless you’re an avid reader of the sort of books CEOs tote around, you may not have heard of Clayton Christensen. “If as thought leaders, we could make the world a kinder, better, more human place, then I think, according to him, we would have left our most enduring legacy,” Selawry said. Ten years ago, he suffered from lymphoma and a stroke. Clayton Christensen, one of the most influential professors in the long history of Harvard Business School, died yesterday (Jan. 23) of complications from the treatment of leukemia. … He was 67. "We are profoundly saddened to announce the passing of our friend and founder, Clayton Christensen. Want to keep up with breaking news? Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. “But disruptive innovation for a very long time pointed to something very important. He was 67 years old. He passed away this week and it was a loss to us all. He was revered in the Valley by tech titans including Steve Jobs, Andy Grove and Reed Hastings. Nervous Blockbuster investors pressured the incumbent to look more closely at the market. Harvard professor Clayton Christensen, who coined disruptive innovation, died last week. He coined the term “disruptive innovation” to describe this process in his New York Times bestselling, award-winning book “The Innovator’s Dilemma: When New Technologies Cause Great Firms to Fail.”. Michael B. Horn — who was a student of his, co-authored a book with him, and co-founded the Clayton Christensen Institute — said Christensen still drove his “beat up” Honda Accord to work everyday long after he became a “famous guru.”. BOSTON, MA—Clayton M. Christensen, Harvard Business School’s Kim B. Clark Professor of Business Administration, acclaimed author and teacher, and the world’s foremost authority on disruptive innovation, died on January 23, 2020, surrounded by his loving family. 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