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Week 2 - Strategy Formulation - Key External Factors - Complete

Strategy Formulation - Key External Factors Readings Christiansen, Clay, and Michael Raynor.  Innovator's Solution . Chapters 2 and 8 Click link for notes Henderson, Rebecca. "Architectural Innovation." Notes: Traditional categorization of innovation as either incremental or radical is incomplete Minor innovations can have great competitive consequenses Architectural innovations destroy the base knowledge of established firms - difficult for those firms to recognize and correct - changes to how the components are linked together, leaving core design concepts unchanged product as a whole - system product in parts - components  - physically distinct part of a product that embodies a core design concept   - performs a well designed function - physical implementation of the design concept successful product development requires - component knowledge  - know each of the core design concepts and how they are implemented - architectual knowledge  - how

Ajahn Brahm

----------------------------------------- Waiting for the next best thing is putting off your happiness until the future Have happiness now Being in the present moment with an inclination towards kindness and peace Contentment with the present moment when what is happening right now is enough gratitude and contentment only through your own acts of kindness will show you the happiness it brings you it's good enough - there is nothing more to do it goes towards peace it goes towards letting go it brings you back to the present moment don't stay in the past reliving the things that made you angry anger is a waste of time spilled milk that can't go back in the bottle the benefit of the doubt waste of time because it doesn't lead to peace the object of the ill will, whoever triggered it is not around so who gets it - the people around you don't focus on the trigger of the ill will focus on the body what is happening in the body find it and relax it