Top Geoffrey Moore Quotes - Quotesmemo.com

Geoffrey Moore Biography

Geoffrey Moore (born 1946) is an American organizational theorist, management consultant and author, known for his work Crossing the Chasm: Marketing and Selling High-Tech Products to Mainstream Customers.

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Geoffrey Moore Quotes

Marketing has long known how to exploit fads and how to develop trends.

Fads, Long, Marketing, Trends

When you are incubating new ideas, "Don't put all your eggs in one basket" is very good advice. But when you are seeking to transform your enterprise's portfolio by scaling a fledgling business to material size - say ten percent of total enterprise revenue - then it is imperative that you make that the singular focus of everyone in the enterprise for the two to three year period it is likely to require to reach its tipping point. Expecting to do two such scaling efforts in parallel is simply folly, yet that is what the "eggs
basket" idea is often used to justify.

Eggs, Enterprise, Ideas, Percent, Two, Used

Try to learn as fast as you can from the wizards and then steal what you can appropriate from them and use it to modernize your existing business model (without disrupting it).

Fast, Learn, Modernize, Trying, Use, Wizards

Sustaining innovation is the lifeblood of any enterprise. It is the time when we capitalize upon, and recover from, all the disruptive change prior. Most of the operating profits in the world come from sustaining innovation. Much of the market capitalization gains, on the other hand, come from disruptive innovations.

Capitalize, Come, Hands, Innovation, Lifeblood, World

We have embarked upon the world's largest and longest cocktail party, and every issue imaginable is up for grabs.

Grabs, Issue, Issues, Marketing, Party

The first mistake is believing that transformational initiatives can be accomplished through normal channels and means. This cannot be done because there are too many conflicting interests that are competing to impede. The second is mistaking incubation for transformation and concluding that failure to achieve escape velocity is due to lack of innovation. It never is. It is always do to lack of leadership focus and, especially, fortitude.

Believe, Believing, Competing, Leadership, Mean, Mistake

Sustaining innovations are the key to consistent performance, whereas disruptive innovations are the key to dramatic changes in power.

Dramatic, Innovation, Innovations, Keys, Performance, Power

To fix the business, to bring it back to health, you must assimilate enough of the disruptive innovation to modernize the operating model without jettisoning your business model. This typically requires new leaders and definitely requires new (if temporary) rules. The CEO is the only person who can dictate the correct terms in a timely manner and maintain the enterprise's commitment to those terms for the duration of the rehabilitation effort.

Back, Commitment, Correct, Disruptive, Effort, Leader

The danger is to cling to comfort and custom at a time when events demand breaking away from both. But it is also foolish to jump at every startling moment. Darwin selects primarily for prudent fast-following.

Comfort, Darwin, Demand, Events, Startling

The most common misunderstanding of disruptive innovations is to overestimate their impact in the short term and underestimate it in the long term. Another common misunderstanding is to associate disruptive with good.

Associate, Common, Impact, Innovation, Long, Underestimate

To enter the maintsteam market is an act of aggression. The companies who have already established relationships with your target customer will resent your intrusion and do everything they can to shut you out.

Act, Aggression, Intrusion, Market, Shut, Target

The single greatest business opportunity that is now emerging in the global marketplace is the ability to analyze digital log data to trace digital actions and from those traces to develop algorithms that can predict future outcomes with greater accuracy.

Algorithms, Data, Emerging, Log, Opportunity, Traces

A technology becomes truly disruptive when it drives the marginal cost of something that used to be scarce and expensive to approach zero. Thus, it used to be to deploy software at scale, you had to fund a data center, buy a set of servers, storage, and networking gear, build an in-house IT management capability, and buy an expensive stack of enabling software before you could even get started. Now you can get all that from Amazon or Microsoft on a pay-as-you-grow model.

Data, Fund, Technology, Used, Zero

Smart mobile phones connect you with 1 billion users worldwide, basically for free - you don't pay for the phone, you don't pay for the Internet, you don't pay for the wireless connectivity. Social networks let you add a new customer or a new agent, again for free.

Add, Connect, Customer, Phone, Phones, Smart

The biggest problem is typically overly ambitious expectations combined with undercapitalization.

Ambitious, Expectations, Problem, Undercapitalization

Geoffrey Moore Biography

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