An analysis of the new business paradigm shows how firms that do "everything right" can nevertheless fail because of new technologies and disruptions in the market structure.

Includes index. Originally published: 1st HarperBusiness ed. New York : HarperBusiness, ©2000. With a new preface.

Part one: Why great companies can fail -- How can great firms fail? Insights from the hard disk drive industry -- Value networks and the impetus to innovate -- Disruptive technological change in the mechanical excavator industry -- What goes up, can't go down -- Part two: Managing disruptive technological change -- Give responsibility for disruptive technologies to organizations whose customers need them -- Match the size of the organization to the size of the market -- Discovering new and emerging markets -- How to appraise your organization's capabilities and disabilities -- Performance provided, market demand, and the product life cycle -- Managing disruptive technological change: a case study -- The dilemmas of innovation: a summary.