MIS5001: Information Technology Management Evaluating Emerging Technology Trends Larry Brandolph

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Presentation transcript:

MIS5001: Information Technology Management Evaluating Emerging Technology Trends Larry Brandolph

Why look at emerging technologies? Defense of business Significant potential return They can be disruptive To you To your competition

Key Concepts Firm position Incumbent New entrant Technology Evolutionary Discontinuous Response Aggressive Stance Passive Stance

The Gartner Hype Cycle Source: Hype Cycle for Emerging Technologies, 2012, Gartner Gateway

Hype Cycle for 2012 Source: Hype Cycle for Emerging Technologies, 2012, Gartner Gateway

The Challenge: Turning Emerging Tech into Business Models The Customer Value Proposition (CVP) Profit Formula Key Resources Key Processes Johnson, M., Christensen, C., and Kagermann, H. (2008). Reinventing Your Business Model. Harvard Business Review.

Mistakes Incumbents Make Delayed ParticipationSticking with the FamiliarReluctance to Fully CommitLack of Persistence Source: Day, G. and Schoemaker, P. (2000). Avoiding the Pitfalls of Emerging Technologies. California Management Review. (42)2. pp ResourcesProcessesValues Affected by an organization’s

Things You Can Do Attend to signals from the periphery Invest in a learning capability Maintain flexibility through an options perspective Maintain organizational separation Source: Day, G. and Schoemaker, P. (2000). Avoiding the Pitfalls of Emerging Technologies. California Management Review. (42)2. pp Would these actions be more effective when the innovation is… Low-end? New-market?