MSOM 302 Lecture Notes - Lecture 5: Web 2.0, Disruptive Innovation, Microcomputer Revolution

• School: George Mason University
• Department: Business, Minor in
• Course: MSOM 302
• Professor: Majumdar

Document Summary

Walmart was first usa company to use ebusiness to create a successful supply chain. Only 1% of today"s technology will be available in. Digital darwinism implies that organizations which cannot adapt to the new demands placed on them for surviving in the information age are doomed to extinction. Innovator"s dilemma discusses how established companies can take advantage of disruptive technologies without hindering existing relationships with customers, partners, and stakeholders. Internet and world wide web-- the ultimate business disruptors. One of the biggest forces changing business is the internet- a massive network that connects computers all over the world and allows them to communicate with one another. Organizations must be able to transform as markets, economic environments, and technological change. Focusing on the expected allows an organization to capitalize on the opportunity for new business growth from a disruptive technology. Internet began as an emergency military communications system operated by the department of defense.