MUST READ article – the capitalists dilemma

Nearly everyone know of the Innovators Dilemma.

Well this is an article and not a book but I think the recent NY Times article by Clayton Christensen is perhaps even more important.

It focuses on the “” and lays out how several short term and efficiency focused measurements (IRR, ROCE, RONA) guide nearly all investment and those along with tax policy are tripping up our economy.  

Is it a bit simplistic, perhaps, but I think its critical we frame a new conversation about helping to encourage the “next big thing” that will drive employment and our economy and stop hoping it will show up.

http://www.nytimes.com/2012/11/04/business/a-capitalists-dilemma-whoever-becomes-president.html?pagewanted=all

 

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