Disruptive Social Change
Social change is a kind of changes leaders, managers, business owners, and people make to their activities, business practices and behavior that benefit a society (Dyer, Godfrey, Jensen, & Bryce, 2016). Moreover, social change happens in a measured cultural modification, or in a fast consequence of an unfortunate circumstance such a natural disaster, a change in public policy (Laureate Education, 2016b). This assumption states that social change is not only about a business practice, but also the economic inclusion, government policies and regulations, environment, and civic engagement. Thus, positive change can be beneficial, and risky in business performance. A concrete example at the end of this analysis would shed light on the pre-mentioned
…show more content…
In fact, a disruptive technology just dislodges a proven technology and generates new business practice (Christensen, 2008). Indeed, it (a disruptive technology) changes the business product into new theoretical insight. Disruptive innovations as a social change do not gauge actual customers' needs as well products and services availability (Christensen, 2008). This is to say, it (social change) might underscore features of new products or services.
Netflix & Social Change Netflix business practice is another flawless design of social change practices implementation. In its disruptive innovations. Netflix has targeted a market niche that others typical incumbent businesses have tactlessly neglected. This just said the fulfillment of a change as disruptive innovations would not spontaneously work for companies that do not implement them (Allen, Feils, & Disbrow, 2014). During these initiatives projects, Netflix has introduced ways to upkeep and finance its innovation. For instance, "unlimited rentals with no due date, no shipping fees and no late fees" and the online "streaming" are efficient products for incumbent barriers (Allen et al., 2014, p.59). Moreover, Netflix has understood Blockbuster's unattractiveness stores despite its (Blockbuster) significant
In fact, a disruptive technology just dislodges a proven technology and generates new business practice (Christensen, 2008). Indeed, it (a disruptive technology) changes the business product into new theoretical insight. Disruptive innovations as a social change do not gauge actual customers' needs as well products and services availability (Christensen, 2008). This is to say, it (social change) might underscore features of new products or services.
Netflix & Social Change Netflix business practice is another flawless design of social change practices implementation. In its disruptive innovations. Netflix has targeted a market niche that others typical incumbent businesses have tactlessly neglected. This just said the fulfillment of a change as disruptive innovations would not spontaneously work for companies that do not implement them (Allen, Feils, & Disbrow, 2014). During these initiatives projects, Netflix has introduced ways to upkeep and finance its innovation. For instance, "unlimited rentals with no due date, no shipping fees and no late fees" and the online "streaming" are efficient products for incumbent barriers (Allen et al., 2014, p.59). Moreover, Netflix has understood Blockbuster's unattractiveness stores despite its (Blockbuster) significant