Abstract
Christensen's concept of disruptive technology is enticing but is this notion – conceptual and financial – beyond the reach of many companies? Managing the risks is a reality, along with the necessary funds needed to enter new marketplaces. Zook suggests that nearby market opportunities adjacent to a strong core business offer one of the surest paths to new growth, whether industries are stable or changing rapidly. Companies that become practiced at finding a continued stream of adjacency moves – guided by the rules of disruptive technologies – may well find they are on the road to sustainable, solid growth while potentially causing a disruption in the market. This paper explores a way forward or shows methods for pushing out the boundaries of a company's core businesses and technologies in predictable, repeatable ways.
Original language | English |
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Pages (from-to) | 433-448 |
Number of pages | 16 |
Journal | International Journal of Services and Operations Management |
Volume | 8 |
Issue number | 4 |
DOIs | |
Publication status | Published - 2011 |
Keywords
- disruptive technology
- adjacency moves
- disruptive innovation
- sustaining innovation
- Australian retail industry
- case study
- risk management
- market opportunities
- core business
- core technology