The Innovator s Dilemm Case Study - 2478 Words

Introduction to the Book The Premise The book â€Å"The Innovator’s Dilemma† talks about how the well-managed companies often fail to stay at the top when they confront certain types market and technological changes. The book not only talks about small or any one company, but those companies which are big and well known for their offerings and timely innovations. There are many factors that lead companies to stumble. They are bureaucracy, arrogance, tired executives, poor planning, short-term investment horizons, inadequate skills and resources and sometimes just a bad luck. In the book, the author have not talked about the weak companies, but the ones that are doing well-off in the industry with top level competitors, who listen to their†¦show more content†¦Sustaining technologies improve the products and services which help in achieving the same result but in a better way. This helps the customers to understand the value of improvement. Sustaining technologies are easier to use in already estab lished firms than in new emerging firms. They focus on improved quality and refine service over the period of time which leads to increase in cost but is justifiable. Disruptive Technologies Disruptive technologies are the ones that bring different value preposition to the market. They are usually cheaper and underperform the products in mainstream markets. Being cheaper, disruptive technologies are also simpler, smaller and more convenient to use too. They are usually technologically straight forward and capture emerging markets. As disruptive technologies improve faster, this serves as a danger to established firms because they are so rapid that by the time you know about them, they have had already grown up and are cheaper and better than other competitors in the market. Principles of Disruptive Innovations The author have offered five principles which would help the managers and entrepreneurs to deal with disruptive technologies. 1. Companies depend on customers and investors for resources. Customers and investors are company’s value network and the companies make their decisions on the basis of their value network. Disruptive technologies come up with different value, so the existing customers who are generally

Underground to Canada Free Essays

Julilly is a slave at the Hensen plantation, with her mother, Mammy Sally. When a Slave trader from the deep South comes to choose his field hands, he rips Julilly from the arms of her loving mother and sends her into his cart. Both of them are devastated. We will write a custom essay sample on Underground to Canada or any similar topic only for you Order Now When she arrives at the Riley plantation in Mississippi after the long trip, Julilly meets Liza, and they become instantly inseperable. They fantasize about the promised land, Canada. When Massa Ross comes to visit and chooses Lester Adam and Ben to show him the best â€Å"bird watching† area, He really secretly tells them how to escape to Canada. Lester immediately tells Julilly, who tells Liza. 3 days later after hearing 3 calls of the whippoorwill, the meet Massa Ross in the forest, to create a plan. Liza and Julilly disguise themselves as boys, and the run away. On the trip, they overcome so many obstacles, and take so many risks, but in the end they make it. However, they could never have made it without the help of the â€Å"Underground Railway†. On the way, Julilly and Liza encounter some horrible news. Adam died of blood poisoning. Fortunately though, Lester has made it, and has a job in the town of St-Catharines. When Julilly and Liza make it to St Catharines, Angry Lester becomes sheepish as he tells Julilly about a surprise for her. As he is telling her, someone comes out of the kitchen. Julilly is overjoyed, because it is none other than MAMMY SALLY! How to cite Underground to Canada, Papers

Economic Implications Of Africa Downgrading-Myassignmenthelp.Com

Question: Discuss About The Economic Implications Of Africa Downgrading? Answer: Introducation Inflation in South Africa was expected to be effected for the reason of economic downgrade to the junk status. SP Global speculated well before that the value of Rand in the global market and all the bonds will share the same fate as Rand. This form of downgrade will raise the price of borrowing in South Africa for some period of time (Ngcobo Ladzani, 2016). Standard Poor stated that such a downgrade in the position of Rand will attract very few investors. The investors will like to withdraw money from the market and will not invest further. It will result in the weakening of South African economy. The country will face inflation pressures which will be transferred to the citizens who will face indirect financial pressure. Prices of basic goods and services will increase (Ngcobo Ladzani, 2016). According to research, South African government will have to borrow money from the international market which will cost them more as the price of Rand is less in the money market. Grants ma y come in from the government for the citizens but the money obtained from them will but less commodities due to inflation. Prices of all the goods and services will increase but the grants amount will not increase as the government is weak in its finances (Mugobo Mutize, 2016). Infrastructure which is already there may not get affected by the inflation but new development is highly unlikely to happen. Moodys rating agency established that the Rand was highly undervalued in the international market due to which exports will also hamper. Economic Growth Rate Due to downgrade of economic status of South Africa, the country has to borrow more from the international markets. As the borrowings will increase economic growth will decrease. This will result in lower standard of living of the citizens of the country. Exports and imports share a major chunk in the economy of the South Africa. Exchange rates of the currency with spike up. Government will be in debt which will be very hard to pay off quickly. To tackle this problem tax rates will be increased to finance the government expenditure. Credit Rating Company IOL states that there is a reduction of 0.7% in its GDP (Mugobo Mutize, 2016). There has been recession in the growth rates of the primary, secondary and tertiary sectors of economy. Manufacturing sector experienced a huge blow and trade sector followed the same pattern (Olayemi Nirmala, 2016). There was decrease of 5.89% and 3.71% in both sectors respectively (Olayemi Nirmala, 2016). To the countrys good fortune mining and agricu lture sector made positive growth but they have their limitations and cannot mitigate the loss incurred by other sectors of economy. The last nail in the coffin was put by the tertiary sector which includes trade, finance, transport, government services and personal service industry. They also showed reduction which made sure that country is in deep recession. Unemployment According to Bloomberg, high inflation and low economic growth directly results in rise in unemployment in the country (van Scheers, 2016). Deficiency of money in the market and high rate of product and services makes the companies and government to cut their expenses by firing their staff. It is a common practice to counter the effects of such economic downgrade. South Africa is in really bad shape with the economy reduced to junk status (van Scheers, 2016). Local companies were not able to make profits and hence cannot sustain a large workforce. Salary gets limited and there is no question of pay raises. In this scenario people who have average skill set will not get any job ("SOUTH AFRICA: Credit Rating Downgrade", 2013). Skilled people will not work at a place where there is no job security and there is no prospect of pay growth. According to S P Global high-paid and skilled professionals are leaving the country to work in foreign ventures to make monetary gains ("SOUTH AFRICA: Credit Rating Downgrade", 2013). Job prospects are reduced exponentially. Government is not capable enough to raise more job vacancies to counter this issue as there is lack of funds which is the basic reason for unemployment in South Africa in the first place. It can be concluded from the above discussion that South African economy has been downgraded to the junk status and it will take a lot of time for it to recover from this economic disaster. References Martin, W. (2013). South Africa and the New Scramble for Africa: Imperialist, Sub-imperialist, or Victim?.Agrarian South: Journal Of Political Economy,2(2), 161-188. https://dx.doi.org/10.1177/2277976013493574 Ngcobo, R., Ladzani, W. (2016). Analysis of economic transformation intervention in South Africa - the CA charter.Environmental Economics,7(3), 17-24. https://dx.doi.org/10.21511/ee.07(3).2016.02 Mugobo, V., Mutize, M. (2016). THE IMPACT OF SOVEREIGN CREDIT RATING DOWNGRADE TO FOREIGN DIRECT INVESTMENT IN SOUTH AFRICA.Risk Governance And Control: Financial Markets Institutions,6(1). https://dx.doi.org/10.22495/rgcv6i1art2 Olayemi, B., Nirmala, D. (2016). Creating economic viability in rural South Africa through water resource management in subsistence farming.Environmental Economics,7(4), 68-77. https://dx.doi.org/10.21511/ee.07(4).2016.07 van Scheers, L. (2016). Is there a link between economic growth and SMEs success in South Africa.Investment Management And Financial Innovations,13(2-2), 349-353. https://dx.doi.org/10.21511/imfi.13(2-2).2016.09 SOUTH AFRICA: Credit Rating Downgrade. (2013).Africa Research Bulletin: Economic, Financial And Technical Series,49(12), 19801A-19802B. https://dx.doi.org/10.1111/j.1467-6346.2013.04914.x