diruptive technology nmim mumbai phd

1. Disruptive technologies name was given
by Harvard professor clayton
christenson .it is form of innovation .
But it is different type of innovation ,it is
out of box innovation which nobody
thinks in general. It gives more
satisfaction to customer also it reduces
cost also.

3.  Disruption may be in products, process using
disruptive technology. for example laser printers,
android phone with introduction of these products
they completely taken over the competitor and
changed the game of market.DVD player have changed
whole media and entertainment industry. finite
element analysis in structural engineering have
completely changed process of structural analysis. you
can design any structure within few minutes.

4.  In medicine they have discovered change of genes and
DNA for lukemia cancer eventhough it will take large
time to reach customers. But that is not end
technology will not stop anywhere but problems are
there always to solve. it is said in UPNISHAD THAT
YOU DRINK FULL GLASS OF WATER YOU WILL
REALIZE STILL FULL IS REMAINING so change is
life ,without change there is no life

5.  For organisation point of view disruption technology
reduces cost and also satisfy customer better way .so it
give competative advantage and organisation may
utilise it to become leader in market and increase
market share and profit also. Disruptive technology
may require any expenditure in R and D. it depend on
creativity and leadership to see future of market.

6.  In country like india where we see large no problems
poverty,education,lack of medical facility for all. so
poor country like india can use disruptive technology
to solve many problems. through digital revolution,
internet penetration to rural areas could solve many
problems.

7.  When world economy is shrinking down but indian
horse is riding fast.also europe is showing slow down
with help there technological advances india could
utilise to solve many social and infrastructural
problems which could generate large no of
emoloyment also. india is facing severe issue of
agriculture,irrigation,water shortage and environment
and garbage issue also.

8.  India could utilise disruptive technology in every
sector and hence could also generate large
employment also .India could utilise its problem to
grow economy further. so disruptive can change
problems into new oppurtunities.

9.  Joseph schumpeter
 In capitalism,innovative entry by enterprenuers was
force that sustained longterm economic growth,even
as it destroyed value of established companies that
 Enjoyed some degree of monolpoy

10.  Successful innovation is normally source a source of
temporary market profit and position of old firms, yet
ultimately to the pressure of new invention
commercialised by competing entrants.

11.  In an “age of discontinuity “ as Drucker called current
age, enterprenuer could find significant oppurtunities
to create or transform organisation if they were willing
to go ahead of societal changes.Drucker said best way
to predict future is to invent.Discontinuities provided
gap in society that could be filled with creativity.
innovator

12.  Should be attuned to unmet that did no show up in
market research

13.  Explore the potential for low end disruption
 Are there customer at lower end of the market who
would be happy to purchase a product with less(with
good enough)perfomance if they could get it at a lower
price.
 Can we create a bussiness model that enables

14.  Us to earn attractive profits at discounted prices
required to win the bussiness of these overserved
customer at low end

15.  Initially disruptive technology don’t have any customer
base because technology is not known ,as slowly
customer uses product and realize benefit then slowly
market grows and as market grows,profit of firm
increases and slowly take over the opponent out of
market and enjoy monopoly till the other player
develop technology.Till company enjoy huge

16.  Huge profits.it takes lot of time for opponent to realize
the new technology and develop market for it.till that
market share is captured by innovating company.so
that is advatage of disruptive technology.So in today
time where competition is intense it is necessary to
look into future before others.otherwise it may be too
late in ambassoder which enjoyed monoploy for
longtime in indian market was beaten out by maruti
suzuki

17.  Disruptive technology create new jobs and also make
old jobs useless.like olacab have created a lot of jobs
for young to join company with car and earn good
money if you have small knowledge of android phone
and google map but many autorickshaw are facing
problems. So now days where you are you should have
knowledge of technology and ability to change
according to situation.

18.  We are living in age of discontinuity as said by Ducker
when and which technology may come you have to
change according to that.Now days excutive education
has common phenomenon.ability to change according
to situation demand and adapt to situation is very
important.It is very easy not difficult but you should
have right attitude.education should be not just
raeding and passing exam is

19.  Is not enough. practical oriented and work as per
situation demnad is very important, try to learn new
technology and new knowledge. ability to take risk for
innovation,these are vey important, so that should be
focus of education. now days there are lot of
oppurtunities available, you have to convert these
oppurtunities to new bussiness models and earn
profit.

20.  Lastly we should have belief in
ethics,morality,spirituality,cultural values these are
very important.when you will loose job or bussiness
that is also not certain, because of too much
competetion and shorter product and technology life
cycle.In bad times ethics,morality,culture
value,meditation,yoga will guide your life. also these
will lead you healthy life also.joint family we are
loosing concept is also very important in your bad
times

21.  Agriculture in India is a tradition. In
Israel it is science. While we keep
repeating what our fore fathers have
been doing, they keep inventing newer
things and keep it updated along with
the development of science &
technology.