BA 30310 Study Guide - Quiz Guide: Disruptive Innovation, Inflection
Foresight Quiz #1 Study Guide
• Discontinuous (Disruptive) Change:
o Punctuated Equilibrium:
o Creative Destruction:
▪ The process of transformation that accompanies disruptive innovation
▪ Results in short-term loss, such as job loss in disrupted sectors and
obsolescence of work skills
▪ However, usually results in a long term economic benefit
• Paradigm Shift:
o A change in the basic assumptions or system conditions leads to permanently
disrupting the framework or context, thus resulting in the EMERGENCE OF A
NEW ERA
o Example: the introduction of streaming led to the permanent disruption of
Blockbuster, thus entering a new era of online streaming
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