“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 recognize which new technology is potential and bring more benefit for companies. Have many new technologies initially look so unattractive and did not meet the need of the customers, but then they later turn to become super profitable. For that reason, it is easy to understand why a lot of companies did not interest with new technology in the beginning when they were introduced to the market, after that they are realizing they missed a big opportunity. In this article, “Disruptive technologies” by Joseph L.Bower and Clayton M.Christensen is excellent case study in the computer industry and provide good example help organizes prevent this issue. (Bower, …show more content…
Bower and Christensen provide a good method to spotting and cultivating disruptive technologies: Determine whether the technology is disruptive or sustaining. It is important to decide what technologies are disruptive. Companies should not use the same method that is used to identify potential sustaining technologies because it cannot work for disruptive technologies. The most common method should be used to examine the internal disagreements between two parties marketing, financial managers and technical managers over the new technologies. Whatever technology has that disagreement, the company should consider investing new technologies. (Bower, Christensen,
Mangers face a substantial challenge in leading organizations to adopt new technologies more humanely and effectively. Technological changes are essential for earnings growth and for expanded employment opportunities. The adoption of new technologies is critical determinant of American and Northwest Airlines in the global marketplace.
Workers are also not being used to their full potential as the majority of the IT budget is going towards them to maintain the current system that they have in place. Carr determines that these problems can be fixed with relative ease by combining three different technologies, Web services, virtualization, and grid computing. The combination will allow for less technology to be wasted and processing power to be used to its full capacity. He tells the reader, this is what the individual will have to do to advance the information technology environment to its fullest potential and continues by listing examples of some of the possible corporations and sources from where this individual could come from, including big computing hardware contributors, information technology hosting operations, an internet extraordinaire and new start up innovators. He concludes the article by pointing out that as dubious as this may be, many other innovations similar to this started the same way and people should not fear to take action on this opportunity, as it will better humanity. I believe that the article provides some good points as it shows us that the
Technology will continue to improve therefore each organization has the opportunity to advance and take advantage of the new techniques and methods that are being used by successful organization that has proven themselves by continuing to provide excellent services for the community and each employee. Now when you see an organization that didn 't make it you ask yourself the question were they ready did they do all that could have been done to save the business, did they hire the correct people, was training offered to all employees, The factors that were stated will make and break an organization if these steps aren 't followed it could lead to failure in the organization.
The more we use and/or rely on computer technology, the more risky it gets. As Neil Postman has said, technology gives us something, it will take away something, I’d like to make a very small change to that and I declare that technology gives us a few things but take away many and the most fundamental things away. And I believe that the reason why no one really speaks about the disadvantages of computer technology is because the marketing of the products will certainly affect the product launching company. I hope one day we all realize where life’s taking us and try to find a resolution even though it may be a little late. But neither does trying not hurt nor a little outcome is better than
Information technology has advanced in multiple ways in society, where organizations has implement the structure into their work environment. Industries have outsource their manufacturing to other places in the world and rely on telecommunication to keep the marketing. The geographic distribution has changed significantly by reducing the distance it takes to complete an operation, due to information technology. These are just a couple of examples of how this advanced technology has reshape our society and continuing.
...nd again resulting in creation of bigger markets and pulling large competitors and creating new job opportunities, but the problem is with undefined factors like outsourcing, lack of skill development in respect with technology advancement. Technology advancement may be causing huge impact on employment but it is also making human living better. Technology as became part and parcel of our life so we can’t think of life without technology, but to make sure that the same does not harm our livelihood we should keep in track and sharpen and hone our skills with advancement of technology. (Brynjolfsson & McAfee, 2011)
Technological -The knowledge explosion has introduced new technology for nearly every business function. As we enter a technology based century, the technology used in every organizations operation is increasingly turbulent, rocked by forces such as competition and customer demands. The technological element tends to develop through periods of incremental change punctuated by technological breakthroughs that either improve or destroy the ability of firms in an industry. It is the current state of knowledge about the production of goods and services in an industry.
new technological create new items and new process,mp3 players, ipods, ipad, online betting and superior quality TV are for the most part new markets made by innovation advances, online shopping, bar coding and PC added configuration are largely upgrades to the way we work together because of better technology. Technology can lessen cost, improve quality and to
Modern media is a great danger to us all, and the people it concerns are everywhere with no hiding available from the monster that is Media. Annalee Newitz said, “With technology tracking us everywhere we go, ‘cosplay’ might become our best defense against surveillance”(Newitz). The dystopian novel 1984 by George Orwell contains within it some great examples of the dangers of modern technology and media. In the novel the population is monitored at all times by their government. By using the telescreens the government can watch their people and listen to everything they say and watch their every move. Orwell being influenced by the modern era's new technology, such as computers, surveillance cameras, and the internet, wrote his novel 1984 in
...gy not likes leader, concept, and culture; it is an accelerator for the company. Good-to-great companies used technology as an accelerator of momentum, not a creator of it. None of the good-to-great company began their transformations with pioneering technology, yet they all became pioneers in the application of technology once they grasped how it fit with their three circles and after they hit breakthrough (Collins, 2001, p.162). Before become a pioneer in the application of the technology, we have to do the external and internal scanning to see is it the technology fit our long term strategic and hedgehog concept.
Organizations and individuals have to strategically position themselves in order to take advantage of the growing technology and achieve business competitive advantage while at it (DeHaven 2010 pg 1). Technology has enabled globalization; where ideas, products and services have been shared. This has promoted foreign businesses thus helping different economies all across the globe. Different organizations and individuals have realized that technology will keep growing and changing and the best strategy will be to adapt it other than holding to rigid ways of doin...
The ever-decreasing length of product lives has diminished the role of new technologies as a source of satisfactory profit and sustainability, as in today’s economies they become commoditized in a growingly fast manner. Nowadays, innovation must include business models rather than just technology and R&D (Chesbrough 2007), and with the greater frequency of disruption and dislocation in many industries, business model lifecycles are shortening as well.
As society grows and evolves, technological advancements and innovations continue to develop and consistently change different aspects of our society. For an organization, understanding how to manage these innovations is essential for their proper utilization and implementation. With technological advancements and innovations constantly emerging, it is important for an organization to stay aware of which new technological innovations can help them be successful. Organizations are always looking to set themselves apart from competition through innovation.
Keeping up with technology is difficult, tiresome, and firms find it very costly to keep at pace with it. Technology rapidly and constantly keeps on changing. Being at par technologically requires extensive research and strategic analysis of acquiring new innovation. Enforcing new technology requires staff retraining and in some cases making employees redundant.
Discuss the potential uses that your chosen emerging technology could be put to within the industry.