Ecton Inc‚ as an innovator in the field of medical imaging is caught in a familiar dilemma that many startup companies face once they are in the final stages of a product development cycle- whether to continue with product rollout‚ forcing a change in the scale of operations requiring substantial capital input‚ OR‚ to get acquired by a larger organization which has the expertise and resources to ensure production‚ sales and distribution for the same product. In this essay‚ we will discuss Ecton ’s
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Case Evaluation Ecton is going to position the company to be acquired but the board of directors and clinical advisors has some concerns about the ramifications of that plan. This paper evaluates Cannon’s Phase III Plan on March 1998. Cannon proposed a path for the next year containing five major points (Edward‚ 1999‚ 8 and 9). The bottom line of this proposal is positioning Ecton to be acquired by the end of the 1998. One of the crucial concerns of this acquisition is the possible effects on “Ecton’s
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a. Explain the technology or innovation introduced in the cases. Cannon knew that his compact echo machine‚ which he carried under his arm by a single handle‚ would have to perform competitively in a room filled with state-of-the-art echo machines made by long-standing competitors such as Hewlett Packard -- each machine weighing more than the average NFL linesman and costing nearly a quarter of a million dollars. To view the functioning of the heart‚ the face of the transducer‚ which was
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Disruptive technology is any new thing‚ or innovative that helps produces a fresh market‚ causing disruption in an existing market. Disruptive technology is something that shakes up the current situation or trend in the industry. Disruptive technology can cause a shift of leadership in the industry. An example of disruptive technology would be the Google Glass. With the Google Glass‚ consumers were able to communicate with the Internet via natural language voice commands. The principles behind disruptive
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the concept of disruptive technologies. In his book Christensen divides technology into two groups‚ sustaining and disruptive. Sustaining a technology requires continuous and incremental improvements to an already established technology. Disruptive technology lacks refinement. This technology often has performance problems because firstly it appeals to a limited audience‚ secondly it is new and lastly it may not have a proven practical application. Therefore‚ a disruptive technology is a low performance
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Disruptive Technologies and Competitive Forces A disruptive product‚ service or technology is an innovation which creates a new marketplace and a new value web. It eventually goes on to “disrupt” an existing market environment and value web. Portable tablet computers from Apple have come and gone before‚ such as Apple’s “Newton” in the 1990s which was eventually discontinued in 1998 following poor sales. The iPad‚ launched in 2010‚ looks like it will be different. It is a beautifully designed product
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Disruptive Technology Abstract The objective of this project is to explain the emergence of disruptive technology in the IT industry that will enable and help the organizations growth in a cost effective manner. One of the hottest topics in today’s IT corridors is the uses and benefits of virtualization technologies. IT companies all over the globe are executing virtualization for a diversity of business requirements‚ driven by prospects to progress server flexibility and decrease operational
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McKinsey Global Institute May 2013 Disruptive technologies: Advances that will transform life‚ business‚ and the global economy The McKinsey Global Institute The McKinsey Global Institute (MGI)‚ the business and economics research arm of McKinsey & Company‚ was established in 1990 to develop a deeper understanding of the evolving global economy. Our goal is to provide leaders in the commercial‚ public‚ and social sectors with the facts and insights on which to base management and policy
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of Western Ontario Harvard Business School POM Cases Harvard Business School General Management Cases This book was printed on recycled paper. MBA Program http://www.mhhe.com/primis/online/ Copyright ©2003 by The McGraw−Hill Companies‚ Inc. All rights reserved. Printed in the United States of America. Except as permitted under the United States Copyright Act of 1976‚ no part of this publication may be reproduced or distributed in any form or by any means‚ or stored in a database or
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Living Case Study As stated by Clayton Christensen‚ disruptive innovation enhances the original business model of a product or organization‚ and changes it; where a product use to only be accessible to a select group of people‚ it is now presented in a much simpler way and accessible to a larger and broader population. Christensen states that the product or organization “takes root” as a simple application‚ and then is disrupted by something. Co-owner Laura Patrick was smart in that she was the
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