Analyzing Robotics: Strategies for Disruptive Innovation in Business

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Added on  2023/06/05

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This report provides a retrospective analysis of robotics within a business context, focusing on disruptive innovation. It explores strategies for the phases of evaluation and implementation of disruptive innovations, emphasizing the importance of value networking, open communication, policy reform, and operationalization. The report highlights the application of business analytics in promoting sustainable growth, business process optimization, and effective decision-making. It also addresses the need for flexibility, training, and modification of existing business models to adapt to new technologies like robotics. The document concludes with a list of references used in the analysis. Desklib offers similar resources for students seeking solved assignments and study materials.
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DISRUPTIVE INNOVATION
RETROSPECTIVE ANALYSIS OF ROBOTICS IN BUSINESS CONTEXT
PHASES OF EVALUATION IMPLEMENTATION OF DISRUPTIVE INNOVATI
STRATEGIES FOR
IMPLEMENTING DISRUPTIVE INNOVATION
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Table 1. Label in 24pt Arial.
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DESIGN OF INNOVATION
APPLICATION FOR BUSINESS ANALYTICS REFERENCES
REPLACE THIS BOX
WITYOUR
ORGANIZATION’S
HIGH RESOLUTION
LOGO
Designing of
innovation is
significant in
order to assess
its accountability.
Tis the initial
phase, in which
the preparation
before executing
the new system
takes place.
Policy reform is
the initial
method, through
which the goal of
implementing
robotics can be
aligned.
Setting of the
foundation is
another vital
method, by which
a new monitoring
system can be
developed.
Value networking is
one of the major way
of introducing
disruptive innovation.
Open communication
is one of the most
significant strategies
in order to keep all
the employees about
the new process.
The knowledge
regarding the
significance of
introducing disruptive
innovation.
Flexibility is also a
great strategy for
embracing change in
an organization.
Training must be
provided to the staffs
to enable them to
adapt new technology.
Existing business
model must also be
modified based on the
goals and objectives of
robotics.
Business analytics is the
mode of promoting
sustainable growth of
business.
Business process
optimization can be
initiated through this
process.
Business analytics paves
the way of executing
effective decision
making process.
The effectiveness of
new system can be
assessed in ex post
phases of evaluation.
Periodic analysis is the
greatest tool, to which
the benefits of robotics
can be explored.
Operationalization is
also a vital method by
which the resources
can be aligned with the
final process of
implementing robotics.
Christensen, C. M., McDonald, R., Altman,
E. J., & Palmer, J. (2016). Disruptive
innovation: intellectual history and
future paths. Harvard Business School.
Christensen, C. M., Raynor, M. E., &
McDonald, R. (2015). What is disruptive
innovation? Harvard Business
Review, 93(12), 44-53.
Colombo, M. G., Franzoni, C., & Veugelers,
R. (2015). Going radical: producing and
transferring disruptive innovation. The
Journal of Technology Transfer, 40(4),
663-669.
King, A. A., & Baatartogtokh, B. (2015).
How useful is the theory of disruptive
innovation? MIT Sloan Management
Review, 57(1), 77.
Pisano, G. P. (2015). You need an
innovation strategy. Harvard Business
Review, 93(6), 44-54.
Von Pechmann, F., Midler, C., Maniak, R., &
Charue-Duboc, F. (2015). Managing
systemic and disruptive innovation:
lessons from the Renault Zero Emission
Initiative. Industrial and corporate
change, 24(3), 677-695.
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