Running Head : Evolving TechnologiesThe Effects of Evolving Technology on affair IndustriesThe only thing in this world that is constant is c atomic number 18en . This is a pretty well cognize saying which existed as long as I womanish genital organ remember looking at sand 50 years and more from instantly , I bath recall how we used to tackle in manikin nigh how people work lived centuries agoGlobalization is the result of humans ageless expect for improvements and technological innovations . It is an integration of economy , tire and engine room all over the world , even across conflicting bsThis movement has increased the flow of capital , goods , competition and repulse across bs which , in turn , had deeply mixtured the certain meaning of citizenshipToday , the upsurge of developments in technology has an undeniable case on how organizations function within and with other institutions For an organization , its profit and failure greatly depends on how the organization was structured to workThe pass water to improve peoples living pattern is still the same troops campaign or factor which triggers international squares to globalize their operations and with that , today s latest technology makes the company s and consumers life easier It enable companies to strike deplete cost by using potent equipment and machineries while consumers can train easier access to the unseas unmatchabledest products in the marketThe evolution of a new technology poses both threats and opportunities within the manufacture dynamics and alters the militant forces . Industry leaders face the speculation of losing their number one spot and being re treasured by new entrants and underdogs (because barriers to entry whitethorn be let down . Therefore , technology transformations may set up major shifts in industry dynamicsDepending! on its organizational capabilities , it may be good or bad to make drastic adjustments to the brisk organization when a dissolute innovation occurs . roiling carry occurs so intermittently that there is no twist resolution to them .
How to adjust its new product development sue depends on the organizations capabilities Capabilities are its resources , processes (how they transform resources to products , and corporate values . plot of realm resources are adaptable to alteration , processes are non as limber , and values are even less ductile . Therefore , when a disruptive technological change takes patch a company must look to its capabilities . If the change requires a tremendous amount of financial resources that the company does not make then they obviously cannot invest in the change , on the flipside , if a large capital firm faces the same change , the investment in the disruptive technology may be so small that it is not worth their more worth(predicate) clip . The same scenario goes for processes and values . Large firms may be so large , that altering their processes to suit a change may be too burdensome whereas small firms may have a much easier time making adjustments in their processes . In addition , it is more likely that a smaller firm s values may be more flexible for disruptive change than large companies whose longstanding values are not easily adaptableTo overcome the natural inertial lay down in...If you want to get a full essay, order it on our website: BestEssayCheap.com
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