Disruptive Technologies
A disruptive technology is ️" an innovation that improves a product or service in ways that the market
does not expect (such as digital photography) typically by being lower priced or designed for a different
set of consumers (USB drive) or a different market place a...
Disruptive Technologies
A disruptive technology is ✔️" an innovation that improves a product or service in ways that the market
does not expect (such as digital photography) typically by being lower priced or designed for a different
set of consumers (USB drive) or a different market place altogether..."
A disruptive process ✔️- "often outperform the traditional ways of working and give the adopting
company a competitive advantage due to superior performance or lower cost" (JIT, telephone banking -
DirectLine)
Four characteristics of Network Enterprise ✔️The organisational model
Capital markets & the internet
Role of work & flexible employment practices
Labour productivity & innovation
Transforming the Organisational Model ✔️Internal Decentralisation in larger companies
• lean, horizontal structures of co-operation and competition
• co-ordinated around the firm's strategic goals
Co-operation between small & medium business
• to pool resources and develop a critical mass
• to compete is some markets effectively
Links between small companies & large organisations
Strategic Alliances
, The internet provides organisations with the ability to handle: ✔️1. Scalability
2. Management of Flexibility
3. Branding
4. Customisation
Capital Markets & the Internet ✔️• Venture capital firms have been crucial to financing
internet start-ups
• The following factors are important
1. Increasing integration of the Financial Markets
2. Increase & domination of electronic trading
3. De-regulation of the financial markets
• Without these Internet-based start-up companies would
not have had the financial backing to maintain the pace of
innovation
Role of Work & Flexible Employment ✔️• High tech industries operating in the new economy are
highly dependent upon key workers who can maintain &
operate the technology
• Labour has to be highly educated & able to reprogram
itself in terms of skills, knowledge & thinking, according to
the changing task requirements
• Flexibility of labour - contracting, part-time, remote
working, diverse working conditions
Labour Productivity & Innovation ✔️• Investment in IT, (and new organisational forms), has given rise
to
massive growth in productivity
• Innovation depends upon knowledge generation
- Facilitated by open access to information
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