Emerging Technologies and Innovation
Added on 2021-04-16
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Running head: EMERGING TECHNOLOGIES AND INNOVATIONEmerging Technologies and InnovationName of StudentName of UniversityAuthor Note
1EMERGING TECHNOLOGIES AND INNOVATIONTable of ContentsSection-1....................................................................................................................................2Acceptance of Lepore's critique of Christiansen....................................................................2Strengths and weaknesses of organisational innovation........................................................2General-purpose theory of organisational innovation............................................................3Develop a theory that enables prediction of future states.......................................................3Section-2....................................................................................................................................4Critical constraints operating in organisations.......................................................................4Advice for corporate managers..............................................................................................6Reference....................................................................................................................................9
2EMERGING TECHNOLOGIES AND INNOVATIONSection-1Acceptance of Lepore's critique of ChristiansenDisruptive innovation refers to the creation of new markets and provides value to theexisting network. In the opinion of Christiansen, disruptive innovation is predictable amongmost industries (Youtube.com, 2018). The less established companies use new technologiesto ensure alternative, as well as cheap products, are provided with that counter the products ofthe established industry. For example, Toyota took on Detroit a few years ago and thus, thedisruptive changes are beneficial to the organisations that are small. Lepore criticised this bystating that disruption does not have enough critics that can counter the process. However,one criticism can be brought forward is about the fact that like other models and theories thisparticular theory may eventually decline. Larry Downes provides a criticism that states thatsuch changes in an organisation are devastating innovation as it may cause unnecessarychanges in an organisation (Lepore, 2018). The fact that the world is changing at a rapid pacemakes this type of innovation a cause for panic among manager. This is because with stabilityin the organisations it can be difficult for managers to continue with a proper change(Youtube.com 2018).Strengths and weaknesses of organisational innovationInnovation in organisations is done to ensure that the products and services providedby a company are unique from its competitors. The uniqueness of the products and servicescan help an organisation gain a competitive advantage in the market. As stated by Drucker(2014) organisational innovation has certain advantages that can be used for increasingrevenue and reputation. One such advantage is the fact that the employees working in theorganisation can be skilful and develop creative knowledge about the manner in which theycan approach the activities of an organisation. The employees that can help the organisations
3EMERGING TECHNOLOGIES AND INNOVATIONto increase its productivity and efficiency can gain more than one skill and competence.However, Wolin (2016) countered the process of innovation stating that the weakness ofinnovation includes the fact that changes in organisations need to be made for theimplementation of innovation. These changes can be negative for the employees in a way thatdisruption at the workplace may result in the loss of productivity. Apart from thiscoordination and issues in management, also occur with the application of innovation inorganisations.General-purpose theory of organisational innovationAccording to Johnston and Marshall (2016), general-purpose theory normally affectsthe existing structure and the economy of an organisation. The application of this theoryprovides a general concept about the manner in which innovation can take place in anorganisation. The general-purpose theory can provide eventful concepts about the manner inwhich organisational culture, structure and the capabilities of the employees can be linked.However, Christensen, Raynor and McDonald (2016) stated that this theory could be toosimple for innovation in an organisation. The theory does not take into account the criticalmethods required for the application of innovation in an organisation. This includes themanner in which the skills of the employees can be used to ensure proper innovation in anorganisation. At the same time, the general-purpose theory takes into the account the purposebehind the application of innovation and does not focus on the purpose of organisations.Thus, it can be said that keeping the critics in mind, this theory cannot be used for definingthe innovation in organisations.Develop a theory that enables prediction of future statesAccording to Christensen, Raynor and McDonald (2015), predicting a possibility of afuture state of affairs is one of the strong points of managers. The ability to predict the futurecan help organisations prevent huge loss and undertake decisions that may have a negative
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