The future of technology management and the business environment lessons on innovation, disruption, and strategy execution

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1. Verfasser: Marcus, Alfred A. 1950- (VerfasserIn)
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Veröffentlicht: Old Tappen, New Jersey Pearson Education [2016]
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Datensatz im Suchindex

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adam_text  Contents Introduction.........................................................1 The Next Set of Breakthroughs........................................2 The information Revolution..................................... 2 Medical Technologies.............................................2 Genetics........................................................ 2 Alternative Energy...............................................3 Artificial Intelligence..........................................3 Material Sciences and Nanotechnology.............................3 What This Book Is About..............................................3 Part I: Technology and Strategy..................................4 Part II: Managing Danger.........................................5 Part III: The Environment of Technology..........................5 Part IV: Coping with Technological Disruptions...................6 Endnotes.............................................................8 PART I: TECHNOLOGY AND STRATEGY.....................................................9 Chapter 1 Technological Disruptions...............................................11 The Powers of the Mind..............................................11 Information Technology (IT)............................... -.......12 Medical Technologies................................................13 Genetics............................................................15 Alternative Energy..................................................16 Artificial Intelligence, Material Sciences, and Nanotechnology......16 The Challenge of Commercialization..................................18 Endnotes............................................................18 Chapter 2 Commercialization’s Obstacles...........................................19 Fumbling the Future at Xerox: IT....................................19 Medical Technology: Cochlear Implants...............................20 Basic Research in Diverse Labs..................................21 Breakthroughs in Other Disciplines..............................21 A Highly Committed Champion.....................................22 Multiple Developmental Paths....................................22 Private Firms’ Failure to Cooperate......................................22 Professional Endorsement.................................................22 FDA Approval.............................................................23 Lack of Enthusiasm from the User Community...............................23 High Costs...............................................................23 Safety and Efficacy Concerns.............................................23 Auxiliary Services.......................................................24 Withdrawal...............................................................24 New Entrants.............................................................24 Genetics: Agricultural Productivity..........................................24 Sustainability as a Corporate Goal.......................................25 Opposition...............................................................25 Rapid U.S. Market Penetration............................................25 More Promised Progress...................................................26 Government Restrictions..................................................26 Environmentalists’ Criticism.............................................26 Competition from DuPont..................................................27 Alternative Energy: The Electric Car.........................................27 Less Pollution and Foreign Oil...........................................28 Range and Fossil Fuels...................................................28 1990s’ Failure...........................................................29 Hybrid Successes.........................................................29 Weak Plug֊In Sales.......................................................29 Battery Subsidies from the U.S. Government...............................29 A Solution from Tesla and Panasonic......................................30 Not Yet Affordable.......................................................30 A New Business Model.....................................................31 The Slow and Arduous Path to Commercialization...........................31 Why Xerox Missed Its Opportunity: Game Theory................................32 Setbacks at Many Points......................................................33 Uncertain Government Support.................................................34 Project Management Insufficient to Overcome These Problems...................35 The Inclination to Undertake Safe Projects...................................36 Technologies Push and Markets Pull...........................................36 Determination, Will, and Persistence.........................................37 Endnotes.....................................................................37 via Contents Chapter 3 Hedging the Uncertainty..................................................39 Trends...................................................................40 Expert Opinion...........................................................40 Historical Analogies.....................................................41 industry Analysis........................................................42 Scenarios................................................................42 Surprises...........................................................43 Taking Notice of the Periphery......................................43 Romances, Tragedies, and Comedies...................................44 The Narrative Details...............................................44 Applying Scenario Logic to Technology Commercialization.............45 Strategic Adjustments...............................................46 Hedging..................................................................47 Gamble on the Most Probable Outcome.................................47 Take the Robust Route...............................................48 Delay Until Further Clarity Emerges.................................49 Commit with Fallbacks...............................................49 Shape the Future....................................................50 Conclusion...............................................................50 Endnotes.................................................................50 PART II: MANAGING DANGER.............................................................53 Chapter 4 Dealing with Danger......................................................55 Bhopal: What Went Wrong..................................................55 Highly Toxic Chemicals..............................................55 Weak Infrastructure.................................................56 An Uncontrolled Explosion...........................................56 Nonfiinctioning Backups.............................................57 Trapped Victims.....................................................57 Organizational Shortcomings.........................................57 Warnings Ignored....................................................58 The Price of the Accident...........................................58 The Deepwater Horizon Oil Spill: What Went Wrong.........................59 Beyond Petroleum....................................................59 Tar Sands Processing................................................59 Explosion in Texas City and Oil Leaks in Alaska.....................59 The Spill...........................................................60 The Many Mistakes...................................................60 Acknowledgments IX Inherently Dangerous Technologies..........................................61 Dilemmas in Managing Dangerous Technologies............................63 Individual Cognitive Limits............................................64 Experts Cognitive Limits..............................................64 Organizations Cognitive Limits........................................64 How Much a Life Is Worth...............................................65 Inferences from Animal Studies to Humans...............................65 Conclusion.................................................................66 Endnotes...................................................................66 Chapter 5 Laws of Liability...............................................................69 Vioxx: What Went Wrong?....................................................69 Merck s Positive Reputation............................................70 The Search for a Blockbuster Drug Without Gastrointestinal Complications.........................................................70 Early Warnings.........................................................70 Failure to Communicate.................................................71 The FDA’s Required Warning.............................................71 More Criticism.........................................................72 Voluntary Recall.......................................................72 Thousands of Suits.....................................................72 Criminal Charges.......................................................73 Johnson Johnson s Hip Replacement: What Went Wrong?......................73 A Paragon of Social Responsibility.....................................74 The Acquisition of DePuy...............................................74 All-Metal Replacements.................................................74 Design Problems........................................................75 FDA Investigations.....................................................75 A Voluntary Recall.....................................................75 Suits Against the Company..............................................76 The Reimbursement Plan.................................................76 The Laws of Liability......................................................77 Evolution of the Law ;.................................................77 Classic Tort Law.......................................................78 Assumption of Risk.....................................................78 Punitive Action........................................................78 Strict Liability.......................................................79 The Justification for Strict Liability.................................79 X About the Author Further Movement from a Fault-Based System........................80 Refinements of the Laws of Liability..............................81 Conclusion............................................................81 Endnotes..............................................................82 PART III: THE ENVIRONMENT OF TECHNOLOGY.............................................85 Chapter 6 Old, Young, and Global Security...........................................87 The Rise of the Elderly...............................................87 Declining Fertility............................................. 88 Economic Impacts..................................................90 Technology to Assist the Elderly..................................91 A Cure for Alzheimer s............................................91 Reversing Aging................................................... .93 Among the Young; Hope and Disillusion.................................96 Meaningful Work...................................................97 What Next........................................................100 Diminishing Youth Bulges........................................102 Technology to Combat Terror......................................106 Conclusion......................................................... 108 Endnotes.............................................................108 Chapter 7 Rich, Poor, and Global Inequality........................................Ill Trends...............................................................Ill Within Country Gaps............................................ 112 Between-Country Gaps.............................................112 The U.S. Wealth Gap..............................................113 The Rise of Neoliberalism........................................115 Technology at the Top of the Pyramid.................................117 Sophisticated Models.............................................117 What Hedge Funds Do..............................................118 Only for the Already Wealthy.....................................119 Renaissance Technologies.........................................120 Technology at the Bottom of the Pyramid..............................121 Telecommunications...............................................122 Potable Water....................................................123 Health Services..................................................124 Nutrition and Crop Protection....................................124 Contents xi Energy...............................................................IZ֊ Critiques............................................................125 Conclusion................................................................126 Endnotes..................................................................122 Chapter 8 Abundance, Scarcity, and Global Sustainability.................................129 Fossil Fuels..............................................................13° Oil Price Declines...................................................130 Hydraulic Fracking....................................................132 Tar Sands.............................................................133 Offshore Recovery.....................................................134 Cleaner Energy............................................................135 Building Energy.......................................................136 Industrial and Commercial.............................................138 Solar.................................................................138 Wind..................................................................140 Energy Storage........................................................142 Biofuels..............................................................143 Conclusion................................................................145 Endnotes..................................................................145 PART IV: COPING WITH TECHNOLOGICAL DISRUPTIONS.. 147 Chapter 9 Missing the Boat on Mobile Technology: Intel and AMD.....................149 The Mobile Revolution.................................................149 The Battles Between Intel and AMD.....................................152 Memory............................................................152 Microprocessors...................................................153 The Sub-Zero Segment..............................................153 Speed and Continued Price Wars....................................154 Branching Out.....................................................155 The Hammer........................................................156 Global Antitrust..................................................157 Graphics and Other Products.......................................157 Divesting Manufacturing...........................................158 Searching for New Markets............................................158 ARM Architecture..................................................159 Mobile............................................................159 Gaming............................................................159 XU Contents Mounting Mobile Losses........................................... 160 New Leadership at AMD..............................................160 Field Programmable Gate Array (FPGA)...............................162 The Internet of Things (IOT)..................................... 162 Smart Glasses and Augmented Reality................................163 Risks Ahead........................................................164 Conclusion..............................................................164 Glossary of Computer Terminology........................................165 Endnotes................................................................165 Chapter 10 From Mass Customizing to Mass Commodity: Dell and Acer... 167 Financial Woes..........................................................168 An industry in Decline.............................................170 The Fat Years: Dell’s Ascent............................................170 A Competency in Mass Customization.................................171 Gateway Abandons the Direct Model..................................173 The Lean Years: Michael Dell’s Resignation..............................174 Acer’s Acquisition of Gateway...........................................176 Dell’s Plans for a Recovery.............................................177 The Enterprise Market..............................................181 Becoming a Private Company.........................................182 Acer’s Efforts at Revitalization........................................183 Notebooks..........................................................183 Smartphones........................................................183 Free Cloud.........................................................185 IOT.............................................................. 185 Conclusion..............................................................185 Endnotes................................................................186 Chapter 11 Finding Growth and Profitability in Bookselling: Barnes Noble and Amazon............................................. 189 Barnes Noble and the Superstore.......................................189 Amazon and Internet Commerce —..........................................191 Amazon’s Reinvention...............................................192 Barnes Noble’s Focus on Books.........................................194 Sinking Profits....................................................195 Amazon’s Fluid Identity.................................................195 Profiting from the Cloud...........................................197 Contents Xlll Barnes Noble’s Decision to Split Up..................................198 Spinning Off the Nook..............................................198 Spinning Off the College Division..................................199 How Attractive Was Bookselling?.........................................200 Sales Trends.......................................................200 Reading Habits.....................................................201 Leisure Time Choices...............................................201 Digital Devices....................................................202 The Publishers..........................................................202 Wholesale..........................................................203 The Big Five.......................................................203 The Spat with Amazon...............................................204 Conclusion.............................................................205 Endnotes................................................................205 Chapter 12 Escaping the Middle: Best Buy and Charles Schwab...........................209 The Evolution of Best Buy...............................................210 Concept One: 1983-1989.............................................211 Concept Two: 1990-2001 ...........................................211 Concept Three: 2002-2007...........................................212 The Aftermath of the Financial Meltdown............................214 The Evolution of Charles Schwab.........................................214 Discounting........................................................214 High Net Worth Clients.............................................215 A Category of One..................................................215 The Affluent of the Future.........................................216 Following Customers................................................216 New Challenges..........................................................217 Competition in Consumer Electronics................................217 Online.............................................................217 Showrooming........................................................218 Competition Among Discount Brokers......................................218 Innovation Dilemmas................................................219 Major Industry Players.............................................219 Best Buy’s Comeback Plans...............................................220 Transforming E-Commerce............................................220 Cost Savings and Product Innovation.............................. 221 XIV Contents Enhancing the Internet Platform: Charles Schwab.........................222 Ranking the Platforms..............................................223 The Robo-Advisor...................................................223 Conclusion..............................................................224 Endnotes................................................................225 Chapter 13 Content for a New Age: Disney and Time Warner...............................229 Vertical Integration: Disney............................................230 Vertical Integration: Time Warner.......................................231 Mergers, Acquisitions, and Divestitures............................. 232 The Disney-Capital Cities Merger........................................235 ABC................................................................236 The Iger Era.......................................................237 The AOL-Time Warner Merger..............................................237 Trying to Revive AOL...............................................238 Slimming Down.................................................... 239 HBO s Edginess and Success.........................................240 Disney’s Dominance......................................................241 Cable Channels.....................................................241 The Studios........................................................242 Internet Initiatives and Cable’s Abandonment............................243 Losing Young People................................................244 Conclusion..............................................................245 Endnotes................................................................246 Final Thoughts..........................................................249 The Future of Technology Management and the Business Environment: Lessons on Innovation, Disruption, and Strategy Execution............249 Index............................................................... 251 Contents XV
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The future of technology management and the business environment lessons on innovation, disruption, and strategy execution
Includes bibliographical references and index
Technological innovations / Management
Technological innovations / Social aspects
Gesellschaft
Unternehmen (DE-588)4061963-1 gnd
Technische Innovation (DE-588)4431027-4 gnd
Strategisches Management (DE-588)4124261-0 gnd
Innovationshöhe (DE-588)4577410-9 gnd
subject_GND (DE-588)4061963-1
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(DE-588)4577410-9
title The future of technology management and the business environment lessons on innovation, disruption, and strategy execution
title_auth The future of technology management and the business environment lessons on innovation, disruption, and strategy execution
title_exact_search The future of technology management and the business environment lessons on innovation, disruption, and strategy execution
title_full The future of technology management and the business environment lessons on innovation, disruption, and strategy execution Alfred Marcus
title_fullStr The future of technology management and the business environment lessons on innovation, disruption, and strategy execution Alfred Marcus
title_full_unstemmed The future of technology management and the business environment lessons on innovation, disruption, and strategy execution Alfred Marcus
title_short The future of technology management and the business environment
title_sort the future of technology management and the business environment lessons on innovation disruption and strategy execution
title_sub lessons on innovation, disruption, and strategy execution
topic Technological innovations / Management
Technological innovations / Social aspects
Gesellschaft
Unternehmen (DE-588)4061963-1 gnd
Technische Innovation (DE-588)4431027-4 gnd
Strategisches Management (DE-588)4124261-0 gnd
Innovationshöhe (DE-588)4577410-9 gnd
topic_facet Technological innovations / Management
Technological innovations / Social aspects
Gesellschaft
Unternehmen
Technische Innovation
Strategisches Management
Innovationshöhe
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