Maria Bernabo, Ivan Garcia‐Bassets, Laura Gaines, Christian Knauer, Alfred Lewis, Liem Nguyen and Leila Zolfaghari
The development and proliferation of cellular/wireless technology has changed the competitive environment of traditional cooper based telephony. The complexity in the competitive…
Abstract
Purpose
The development and proliferation of cellular/wireless technology has changed the competitive environment of traditional cooper based telephony. The complexity in the competitive environment coupled with advances in technology and innovation is requiring management to rethink strategy formulation and implementation. Convergence is discussed in the context of discontinuous competitive environment and possible management responses to changes.
Design/methodology/approach
The findings of this paper are based on the analysis of the communications industry, a comprehensive review of trends in innovation and technology, strategic diagnosis and implication for management.
Findings
The rate of change in innovation is leading to the creation of new industries and the disintegration of the industry classifications due to convergence of multiple needs previously served by different industry groupings. As such, firms have to upgrade their environmental scanning systems to detect competitive forces beyond the industrial competitive boundaries.
Practical implications
The paper provides a comprehensive review of convergence and disruptive technologies
Originality/value
The paper highlights the breakdown of barriers in terms of industry classification. Customer's needs could be served by firms in hitherto distinct industry groupings.
Maria Bernabo, Ivan Garcia‐Bassets, Laura Gaines, Christian Knauer, Alfred Lewis, Liem Nguyen and Leila Zolfaghari
It is widely acknowledged that the pace of change due to complexity in the competitive environment coupled with advances in technology and innovation is forcing management to…
Abstract
Purpose
It is widely acknowledged that the pace of change due to complexity in the competitive environment coupled with advances in technology and innovation is forcing management to rethink strategy formulation and implementation. The purpose of this paper is to discuss convergence in the context of discontinuous competitive environment and possible management responses to changes.
Design/methodology/approach
The findings of this paper are based on the analysis of developments in the biotechnology environment. The disruption to pharmaceutical industry is examined from the context of need served.
Findings
The rate of change in innovation is leading to the creation of new industries and the disintegration of the industry classifications due to convergence of multiple needs previously served by different industry groupings. As such, firms have to upgrade their environmental scanning systems to detect competitive forces beyond the traditional industrial competitive boundaries.
Practical implications
The paper provides a comprehensive review of convergence and disruptive technologies
Originality/value
The paper highlights the breakdown of barriers in terms of industry classification. Customer's needs could be served by firms in hitherto distinct industry groupings.
Details
Keywords
Maria Bernabo, Ivan Garcia‐Bassets, Laura Gaines, Christian Knauer, Alfred Lewis, Liem Nguyen and Leila Zolfaghari
The purpose of this paper is to examine the history and development of the automobile industry Furthermore the paper discusses convergence in the context of discontinuous…
Abstract
Purpose
The purpose of this paper is to examine the history and development of the automobile industry Furthermore the paper discusses convergence in the context of discontinuous competitive environment and possible management responses to changes.
Design/methodology/approach
The findings of this paper are based on the analysis of the auto industry and the changes triggered by advances in related industries and socio‐economic forces.
Findings
The rate of change in innovation is leading to the creation of new industries and the disintegration of the industry classifications due to convergence of multiple needs previously served by different industry groupings. As such, firms have to upgrade their environmental scanning systems to detect competitive forces beyond the industrial competitive boundaries.
Practical implications
The paper provides a comprehensive review of convergence and disruptive technologies and the resulting implications for the automobile industry.
Originality/value
The paper highlights the breakdown of barriers in terms of industry classification. Customer's needs could be served by other firms in hitherto distinct industry groupings.