In the second of his lectures for Saïd Business School, Clayton Christensen gives an insight into the 'panda's thumbs' of management thinking- dated practices that hinder management decision-making and the profitability of companies. He gives the examples of managers focusing too heavily on gross margins rather than net profit and refusing to reduce their production costs as a way of avoiding disruption by smaller companies. He then gives an insight his Job to be Done theory.
