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Book Review: Competing Against Luck: The Story of Innovation and Customer Choice
Book Review: Competing Against Luck: The Story of Innovation and Customer Choice
Book Review: Competing Against Luck: The Story of Innovation and Customer Choice
T
he theme of innovation has been central to the strategy formulation for any
organization. This theme has various implications in multiple disciplines
including marketing, sociology, psychology, strategy, and organizational
behaviour as well as interdisciplinary approaches. In this book, the author chal-
lenges the traditional approach of marketers. This book is built on the idea that
customers do not simply buy products or services; they ‘hire’ them to get a particular
job done. It looks at the way marketers have been informed about consumer choices
and discusses how a shift of focus onto strategies based on the job theory can orient
our minds to capitalize on the purchase intention of customers and retain them in
the longer run. The book aims to examine what causes growth and how to create it.
The book, meant not only for experts in the field of marketing but also for common
readers, is divided into three sections: the first section provides an introduction to
job theory. Clayton M. Christensen claims that his own theory of disruptive innova-
tion, a competitive response to an innovation, does not provide a road map for the
clients. It fails to answer where to create new market and predict how products will
succeed. He believes that one size fits none; therefore, the right question to ask is,
how well does the given product serve the customers’ jobs to be done. He defines job
as a progress that a person is trying to make in a particular circumstance.
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