Responses To Disruptive Strategic Innovation

Improved Essays
Business strategies have been evolving with the course of time. In the last 20 years, there has been modifications in the business strategies that affect customers and competitors. As well, as the development of new IT systems and innovations in the business field. Customers and competitors weren’t the same in 1995 as they are today. Competition has been at the heart of corporate strategy. Today, one can hardly speak of strategy without involving the language of competition, as dictated in “Blue Ocean Strategy”. In the mid 1990’s business were running great just the way they were until new company’s started opening up leading them to destruction and massive competition. The article “Responses to Disruptive Strategic Innovation” mentions that, the leading companies were facing a dilemma: Their attackers utilized strategies that were both different from and in conflict with their own. The new companies brought with them modern business strategies that were unknown to the other business giving them a greater advantage of succeeding. From my perspective, indeed business strategies have …show more content…
The only positive thing about the evolution of business strategies is that those companies that keep renewing their strategies over the course of time are being successful. “Blue Ocean vs. Five Forces” states that, businesses may want to

Related Documents

  • Improved Essays

    Miles and Snow’s Typology is about adaptation cycles of organizational strategies based off of performance (Zubaedah, Fontana, & Afiff, 2013). The Miles and Snow typology is comprised of four business strategies: analyzer, defender, prospector, and reactor. Depending on the lifecycle of the organization determines which business strategy the company uses (Daft, 2015). In a changing environment the analyzer strategy reviews the data and tries to stabilize the company by using methods of the defender strategy and some of the prospector strategy. The analyzer attempts to keep the current product stable while seeking to enhance new products.…

    • 1100 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Research Question The research questions are the questions that the author is trying to answer. This emphasizes the information needed to bring a resolution to the problem statement. In this article, the research question was in reference to how to explain successful domination of a market when the blue ocean strategy or fast second strategy do not explain it. This enabled the author to then conduct more research in order to find the answer.…

    • 595 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    In the case study, J.C. Penney Is Changing Its Competitive Strategy, there seems to be a strategy presented for growth. Kinicki and Williams (2013) tells us that the chief executive of J.C.Penney Co., Ron Johnson, first directed his attention to his emails of the store that advertised sales. He reviewed all of the past sales in the last year and noticed when exactly the customers purchased from the store. He saw that there was a problem with sales and that something needed to change in order for this company to grow. He also knew that the store was known to sell things that could be unfashionable.…

    • 212 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    The Evolution Of HIM

    • 160 Words
    • 1 Pages

    In today's business, IT is the backbone of their success such as gain competitive advantage, improving their way of risk control and implement business strategy. IT have gone beyond being an implementation tool for business planning; It plays increasing role in developing business strategy. Research show that companies that have been able to combine technology and their business strategy have produced a significant business return. IT plays a significant role in health care industry. The evolution of HIM is dependent on achieving a better alignment with the business.…

    • 160 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    Ann Taylor Essay

    • 444 Words
    • 2 Pages

    Introduction The start of Ann Taylor began in 1954 by Richard Liebeskind in New Haven, CT., streamlining clothing for the high-class female niche sold in Ann Taylor (AT) stores. In 1995 Ann Taylor Loft was created to attract the younger more cost-conscious professional women incorporating a one-stop shopping environment with additional sizes, a more casual look to “widen market appeal and grow” implemented by the CEO Sally Kazaks. Following the retirement of Chairman and CEO J. Patrick Spainhour, President Kay Krill was promoted to the position of CEO. Her initial goals were to “improving profitability while enhancing both brands”, “restoring performance at the Ann Taylor division and restoring the momentum at LOFT”. By 2007 the global economy was going through difficult times, consumers buying patterns were changing, CEO Krill came up with a plan to restructure the business in 2008 focusing on three key areas—the evolution of our brands and channels, the reduction of our overall cost structure, and the continued pursuit of growth.…

    • 444 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    This is a photograph of me at age 30, when I was responsible for the university hospital medical offices. At that time, I was frantically running around the hospital visiting the offices. It might be more accurate to say that I was basically living in the hospital.…

    • 528 Words
    • 3 Pages
    Improved Essays
  • Superior Essays

    Mensa Situational Analysis

    • 1432 Words
    • 6 Pages

    Mensa Situational Analysis: Mensa Inc. 5 year business strategic plan will comprise of numerous reconstruction efforts in order to address the major strategic management issues faced by the company. The company has issues with the development of numerous poorly executed strategic plans with high operating cost, poor resource management, and the inability to gain adequate financial control. The packaging sector was once the cash cow for Mensa, but the lack of competitors in the industry and growing pressure from customers resulted in a negative competitive position. Mensa once invested in numerous businesses (communication, appliances, etc.) but sold off many due to poor human resources and financial issues.…

    • 1432 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    Disruptive Innovations

    • 1094 Words
    • 5 Pages

    The most dramatic stories of growth and success are launched from a platform of new ideas and disruptive innovation. Introducing new markets and new ways of competing creates new opportunities for high profit margins. Merely aiming your products to your best customers is sustaining your market share. Sustaining innovations comprise simple improvement and breakthrough leaps. Serving a segment in the existing customer base.…

    • 1094 Words
    • 5 Pages
    Improved Essays
  • Decent Essays

    Successful firms intentionally align the three components of the IS strategy triangle. According to Pearlson & Saunders, collectively a firm's business, organizational, and IS strategy must be synchronized to carry out their business objectives (2013, p.24). In the case of Air Canada they took several unique approaches to align their strategy such as outsourcing, introducing innovative technology, organizational restructuring, and effective resource management. In particular, Air Canada understood that they must align their IS strategy triangle to remain a dominant competitor in the industry.…

    • 368 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Chick-Fil-A Case Study

    • 393 Words
    • 2 Pages

    Thank you for your response pertaining to business strategy. I have always heard this term but I did not fully understand what it meant. With the help of your discussion, it helped clarify the meaning as well as the significance when dealing with business. While reading your response and conducting my own research, one concept that I felt that should have been included deals with the emergence of digital business strategy. With the increase in technology and the presence it has in business and in our everyday lives, this is a concept that is growing with importance.…

    • 393 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    RBS Case Study Essay

    • 993 Words
    • 4 Pages

    Introduction According to Hope, (2016) evaluation of the strategy of the learning and talent development is far more essential that its development. It has to be aligned with the overall organizational strategy and match with the corporate objectives of the organization for a better and improved outcome. Discussion Organizational Problems at Royal Bank of Scotland (RBS)…

    • 993 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    Strategies seek to cohesively integrate an organization’s chief goals, policies, and action plans into one. If strategies are precisely formulated, they assist in organizing and allocating resources into a unique and viable level based on their relative internal strengths and weaknesses, future environmental changes, and competitors’ moves, globally. It is thus important for managers to formulate effective strategies that differentiate their firms from competitors to ensure they meet customer needs. Federal Express is one such company that has continuously formulated strategies to improve its market share and its competitive position globally. Federal Express has created strategies which enable clients to receive their goods and components within their timeframe and matched such expectations through innovative activities, replication of its model and activities by competitors in countries it operates.…

    • 1941 Words
    • 8 Pages
    Superior Essays
  • Improved Essays

    Blue Ocean Case Study

    • 805 Words
    • 4 Pages

    By referring to W.Chan Kim and Renee Mauborgne (2004) Blue Ocean demonstrates an overview of the creation of this strategy in three industry types that are directly touch people’s live. This industry includes automobiles, computers and Movie Theater. There are some elements when you saw you will know that the company used Blue ocean strategy such as: 1. Blue ocean is Not about technology innovation: Blue Ocean could be developing based on the demand and customer value not by technology innovation.…

    • 805 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    1. Discuss the accuracy of this statement: Formal strategic planning systems are irrelevant for firms competing in high-technology industries where the pace of change is so rapid that plans are routinely made obsolete by unforeseen events. Formal strategic planning systems are not the best when competing in high-technology industries where the pace of change is so rapid that plans are routinely made obsolete by unforeseen events. Strategy is important in any business for the benefit of success. What is formal strategic planning?…

    • 1170 Words
    • 5 Pages
    Improved Essays
  • Superior Essays

    Innovation Strategy Essay

    • 1230 Words
    • 5 Pages

    Instead of looking within the accepted, managers can look methodically crosswise over them. By doing so, they can discover empty domain that displays a genuine achievement in value. Blue Ocean Strategy includes organizations that have a tendency to participate in no holds barred rivalry looking for sustained profitable growth. However in today's stuffed enterprises contending head-on brings about only a bleeding red ocean of opponents battling about a contracting benefit pool. Enduring achievement progressively comes, not from fighting competitors, but rather from making blue oceans of undiscovered new market spaces ready for…

    • 1230 Words
    • 5 Pages
    Superior Essays