“DISRUPTIVE TECHNOLOGIES” ARTICLE REVIEW The development of technology has been serving for the development of the economic and society for long time. The technology not only bring the competitive advantage to the economic but also it create more challenges that make companies to stay update and awake with new technologies all the time if they do not want to left behind with their competitor. The most difficult organizations have been facing, special with the leading companies that is how to
According to Porter’s article, revolution on information technology (IT) affects competition by changing the alignment of the industry and rules of competition. This makes competitive advantage in ways for companies to exceed their competitors and bring businesses in place. IT spread all through the value chain, which are activities performed in business at a low cost, and helped perform optimization functions for companies. This allowed the capture of information that wasn’t accessible before. The
a. Explain the technology or innovation introduced in the cases. Cannon knew that his compact echo machine, which he carried under his arm by a single handle, would have to perform competitively in a room filled with state-of-the-art echo machines made by long-standing competitors such as Hewlett Packard -- each machine weighing more than the average NFL linesman and costing nearly a quarter of a million dollars. To view the functioning of the heart, the face of the transducer, which was usually
will be derived using discovery-driven planning and by discovering what has already been discovered. Discovery-driven planning offers firms an organized approach to planning for new ventures in emerging markets. Given the uncertainty of new disruptive technology markets, discovery-driven planning drives firms to make assumptions about the organization and the emerging markets, then revise these assumptions as the market develops. Unlike conventional approaches, which focus on projections and prematurely
Principles of Disruptive Innovation: Christensen proposed principles of disruptive innovation as a framework for managers to understand them rather than overcome the change occurred because of disruptive technology. He explains the strength of the rules and emphasizes the in the point of people who engage in disruptive innovations from a new market point of view. 1. Companies rely on customers and Investors: Companies tend to listen to their best customer, to stay in business they kill new opportunities
Christensen is using the argument of disruptive innovation in order to create lower-cost, higher-quality
1 Introduction In the new economic era, the dynamic and competitiveness of enterprise operating environment have been reinforced constantly. Customer demands, the technology evolution, the competitive interaction and cooperative connection among enterprises, the market regulation and the changes of the circumstances all make the enterprise falling into a maelstrom of uncertainty. These uncertain elements can bring greater opportunity for the enterprises as well as threaten the life and death of the
television channels. They are questioning the business model of Aereo for illegally acquiring the retransmission consent. New technologies like Aereo often disrupt the existing economic and legal arrangements and such disruptive innovation often create a turmoil in the market stake of existing big giant companies, hence such ingenious product invention is termed as disruptive innovation.
Technology Mudslide Hypothesis : This term was first introduced by Clayton M. Christensen in 1995, to discuss the phenomenon that emerges and might result in large firm’s failure as the result of technological innovations. Two concepts of disruptive and sustaining innovation was developed to explain two main categories of innovation. Sustaining technology or innovation refers to an innovation that does not create a new market or value and only improves the existing technology allowing the firms to
the CEO was faced with when making this decision. I will provide my opinion regarding the next steps Ecton should perform moving forward with their newly developed disruptive technology. First of all we need to understand the type of technology this device represents. Is this a sustaining innovation? Or is this a completely new disruptive product? After fully understanding this aspect we can make better decisions regarding the future of the firm and its product. This device offers many benefits that
dominant design nowadays, deigns are standardized and only incremental innovations are made. Lots of innovations are made in mobile phone business and photo cameras are at some degree already replaced by mobile phones. Cell phones themselves were disruptive innovation. Mobile phone producers are making innovations and adding new features every 6 months on average. So the pace of technological changes are really fast. Mobile phones will not completely substitute cameras, but still the cause and effect
previous expansions had been successful in-lined with their goal of attaining global online dominance (Edwards 2014). Application of concepts Netflix is a classic example of ‘Disruptive Innovation’ as it illustrates how a technological vision transformed the industry (Halal 2012). As characterised by Christensen (2008), disruptive innovation disrupts the trajectory by initially providing an inferior performance to existing product and serving a market segment that was not or could not be attended before
specifically discussed in this paper are: disruptive innovation theory, value innovation, blue ocean strategy, and fast second. Strategic business management and its 5 step implementation process are detailed. Corporate ethics are discussed as a practice and as a strategy. Finally, the implications and applications of these theories, strategies and practices are evaluated in a case study of GE. Innovation Theories Disruptive Innovation Theory Disruptive innovation theory, first published by Christensen
internet revolution, organizations and individuals have increased their reliance on technology in the completion of daily activities. Most people will use devices such as mobile phones, tablets and laptops for the completion of their daily activities at home and at work. Similarly, the industries have picked up the use of technology to make work easier, affordable and to increase efficiency. The range of technologies being applied is broad and they offer different functionality (Vella, 2012). Supply
itself needs new organization and consolidation of new resources. Company faced a number of changes in management, all managers were trying to lead own politics which was huge expenses for the company and tendency of losing market share. Sony’s Disruptive innovation filmless digital camera was real thunderstorm for Kodak. Kodak was in maturity level and could not handle such a shift. Kodak had several alternatives and approaches it could go along with: First, too much diversification and dissemination
Organizational Culture and Disruptive Innovation. The term organizational culture refers to the behavior of employees of an organization. It includes the various systems, values, policies and strategies of an organization. The organizational behavior plays a very significant role in dimensioning an organization and deciding its future. Before the launch of the strategic review, BT was the only leader in the UK telecom market and people accepted them blindly. But around 2006, when Ofcom introduced
In recent decades, humanity’s lives have been increasingly disrupted by the new technologies available to our race. As we are currently in the Digital Age, there are many questions that arise pertaining to our social structure, community and intellectual evolution as a people. The topic of focus is how the tools of the Digital Age affect American society. Up for debate are questions such as have we had enough time to study the side effects brought on by forces like the Internet, smart phones, or
take time to come to fruition. This is because resources may be limited, not enough interest is generated. This paper is discuss the different sources of innovation, the trends and forecasts that can affect the healthcare industry and the role that disruptive innovation plays in the healthcare industry. Sources of Innovation There is a perception that innovation occurs in the brain of one individual. The idea then matures into a concept that
The Legends of Tomorrow Media technology is helpful in so many ways; on the other hand, it can be disruptive too. In the article “Why I Just Asked My Students to Put Their Laptops Away,” Professor Clay Shirky claims that students are not able to focus on the lesson and easily get distracted with their laptops, leading him to ban the use of technology devices in his classroom. Similarly, in article “Our Photoshopping Disorder,” fashion reporter Erin Cunningham addresses the topic about the use of
Transformation; it is About Transformation in Digital World When you shift the traditional modus operandi of doing business to the modern technology platform its digital transformation. The profound transformation of business and enterprise activity, processes, competencies, and strategies leveraging the digital mix of technologies brings about a disruptive innovation in an organization. “The secret of change is to focus all your energy not on fighting the old but on building the new”. Change is