Explain the potentially disruptive nature of new technologies on business operations.
Competency
Explain the potentially disruptive nature of new technologies on business operations.
Scenario
You are a Senior Analyst for “What’s Next?”, the acclaimed materials science company headquartered in the United States. Your company has won hundreds of industrial awards from all facets of the industry; What’s Next? has excelled in identifying profitable emerging technologies and informing its clients of what’s hot and what’s not. As a Senior Analyst, you are expected to constantly monitor and analyze emerging technologies and inform your company of any that might have a profitable potential.
You have reviewed Gartner’s 2018 Hype Cycle for Emerging Technologies and have noted that Carbon Nanotubes (CNT) have extraordinary attributes that could become very profitable in a wide variety of industries.
Your initial research has shown that CNTs could be useful in a variety of applications such as nanotechnology, electronics, optics and other fields of materials science. In order to be unbiased, What’s Next? has always investigated both the positive and negative attributes of new technologies when reporting its findings.
Instructions
Conduct additional research on CNTs to get a better idea of this technology and what potential disruptive attributes might affect business operations. Once you feel comfortable with this new technology, you need to develop a feasibility study containing a SWOT Analysis and an impact statement that addresses the following:
- The possible outcomes if an organization was to lose its competitive advantage due to Carbon Nanotubes.
- The failures of many well-known businesses due to their inability to properly adopt and utilize emerging technologies such as Carbon Nanotubes.
- Various circumstances that might negatively affect profitable patents brought about by Carbon Nanotubes.
Research will need to be conducted to complete this assessment. Be sure to use credible resources, properly integrate resources into your feasibility study, and give proper attribution through citations.
Requirement to Pass
A thorough and detailed discussion was developed and contained examples of the possible outcomes if an organization was to lose its competitive advantage due to Carbon Nanotubes.
A thorough and detailed discussion has been developed that contains examples of the failures of many well-known businesses due to their inability to properly adapt and utilize emerging technologies such as Carbon Nanotubes.
A thorough and detailed discussion has been developed that contains examples of various circumstances that might negatively affect profitable patents brought about by Carbon Nanotubes.
Thorough and detailed SWOT Analysis with more than three examples of each category provided.
Credible resources were properly integrated and attributed using APA formatting including a properly formatted Reference Page.
