If I know what to spec, and I can measure it, and there are no unpredictable interdependencies between what you do and what I must do in response, then an economist would say that is sufficient information for a market to emerge between you and me.
Clayton ChristensenI've concluded that the metric by which God will assess my life isn't dollars but the individual people whose lives I've touched.
Clayton ChristensenInvesting in our people is going to be costly and scarce - we need to start doing that!
Clayton ChristensenBut actually theory is very practical. Gravity is a theory, for example. It allows you to predict that if you step off a cliff you will fall; you don't have to collect data on that.
Clayton ChristensenThe whole enterprise of teaching managers is steeped in the ethic of data-driven analytical support. The problem is, the data is only available about the past. So the way weve taught managers to make decisions and consultants to analyze problems condemns them to taking action when its too late.
Clayton Christensen