Harvard Business School Professor Clayton Christensen has developed a model that explains the market chaos that follows a game-changing innovation in any particular field. Using examples from the steel, computing, chemistry, and financial industries, he explains the three enablers that make an innovation game-changing: technology, a cost-effective business model, and a “complete vertical commercial system.”
Where’s the biggest opportunity for business? Healthcare, according to Professor Christensen. “We are now just desperate to make healthcare affordable and accessible, and healthcare is something that everybody consumes…I just can’t think of another industry that has those kind of characteristics. Demand is robust. [It’s] a great opportunity for disruption.” Says Professor Christensen.
Melissa Hathaway Moves to Harvard
Melissa Hathaway has accepted a post at Harvard University’s Belfer Center for Science and International Affairs. She will serve as a senior adviser to its cybersecurity initiative, Project Minerva. Melissa Hathaway previously worked for Presidents George W. Bush and Barack Obama until August 2009, when she left to establish Hathaway Global Strategies, LLC. She led President Obama’s 60-Day Cyberspace Policy Review from February-May 2009.
Project Minerva is a joint effort between the Department of Defense, Massachusetts Institute of Technology, and Harvard University, and examines a wide range of the issues within cyber security from the contexts of international relations theory and practice. Melissa Hathaway said of her latest venture, “I am honored to be joining the team at Harvard Kennedy School’s Belfer Center and my distinguished colleagues from Harvard and MIT on the Minerva project. I am excited about the opportunity to partner with the talent and expertise of academia and harness academia’s power to generate new ideas, inform policy and incubate new technologies to address the serious cyber security challenges facing our nation.”
The other day, Microsoft confirmed that a number of Hotmail account login information was compromised and posted online. It now appears that the breach is significantly wider, extending to Gmail, AOL, Yahoo, Earthlink and Comcast email accounts.
Over 30,000 accounts have been posted online according to a list the BBC viewed. Google has moved to mitigate the threat by forcing users to alter their login credentials. Google also claimed that the breach was not a result of security issues with Gmail. Instead, it was based on a phishing scam in which victims voluntarily gave login information to the scammers. Microsoft has also moved to block the compromised accounts. The various account information was posted in two different lists that have subsequently been removed.