Disruptive Technology and How It Impacts Strategic Planning Please read the articles “” and Exhibit.
Disruptive Technology and How It Impacts Strategic Planning
Please read the articles “” and Exhibit 8.2 and 8.4 (All are attached). Select one of the two topics (disruptive technology or hyper-competition) for your discussion. Provide a brief synopsis (three to four paragraphs) of your selected topic based on the chosen article or exhibit. Disruptive technology and how disruptive technology impacts strategic planning. Hyper-competition and how hyper-competition impacts strategic planning.
Please use at least one more source, in addition to our textbook or a provided article.
400 words
ref and cite with attached source
oultine
Answer preview………….. Bower and Christensen (1995) define disruptive technology as an innovation that causes a disruption in the existing market and value network creating a new one, and could result to collapsing of leading firms or displacement of current products while others rise. An instance of such a situation is the replacement of typewriters with Personal Computers (PC). It is terrible to imagine what could have happened to a company manufacturing the now outdated termed typing machines and does not embrace the technological change. Organizations ought to stay current regarding innovative technology, be able to adjust according to the ever-changing needs and preferences of customers, provide better goods and services to keep their clients satisfied……….
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