The purpose of this course is to help participants and the organizations they encounter survive the waves of technological disruptions facing business, government, education and their daily lives.Preview Lectures
The purpose of this course is to help individuals and organizations
survive when confronted with disruptive technologies that threaten their
current way of life. We will look at a
general model of survival and use it to analyze companies and industries that
have failed or are close to failing. Examples
of companies that have not survived include Kodak, a firm over 100 years old,
Blockbuster and Borders. It is likely
that each of us has done business with all of these firms, and today Kodak and
Blockbuster are in bankruptcy and Borders has been liquidated. Disruptions are impacting industries like
education; Coursera and others offering these massive open online courses are a
challenge for Universities. In addition
to firms that have failed, we will look at some that have survived and are
doing well. What are their strategies
By highlighting the reasons for the decline of firms and industries, participants can begin to understand how to keep the same thing from happening to them. Through the study of successful organizations, we will try to tease out approaches to disruptions that actually work. Our ultimate objective is to develop a strategy for survival in a world confronting one disruptive technology after another.
1. Survival: a simple model of the incumbent’s
dilemma of how to respond to a potentially disruptive technology .
2. Kodak misses its moment: the story of Kodak and how, after inventing the digital camera, it failed to understand how it and the Internet changed the process of capturing and sharing images.
3. Blockbuster vs Netflix. How could a leading company fail to respond to a clearly defined threat from a new competitor?
4. Borders: was the company asleep when Amazon came along and disrupted book sales, publishing and reading?
5. The three amigos: what can we learn from Kodak, Borders and Blockbuster as a group of failed companies?
6. Can I borrow your paper? How the Internet has savaged one of our oldest types of media leading to the slow death of newspapers.
7. Books and Publishers: trying to maintain two business models at once.
8. Education: the industry that moves at a glacial pace faces radical innovation from non-profits to Coursera.
9. Dictators: probably not a promising occupation given social media-how the Arab spring changed a profession.
10. Risky business-are innovations in technology encouraging us to engage in too much risky business?
11. Moving things: will the USPS disappear? How can it compete with UPS and FedEx?
12. Some survivors: a few have managed to incorporate disruptive technologies into their lives and to flourish, at least for now.
13. Danger ahead: what new disruptions are on the horizon and who will be disrupted?
14. Strategies for survival: suggestions on how to deal with disruptive technologies and turn them into a successful innovation
The course should appeal most to participants who have at least a general interest in new technologies and in the economy. It would be helpful for you to following the general business press including web sites or print media of periodicals like The New York Times, the Wall Street Journal, Bloomberg’s BusinessWeek, IEEE Spectrum, Technology Today and similar information sources.
Lucas, H. C., Jr. The Search for Survival: Lessons from Disruptive Technologies. Santa Barbara, CA., Praeger, 2012
Christensen, C. M. The Innovator's Dilemma. Boston: Harvard Business School Press, 1997
The course will consist of short videos each week that deal with the topics in the syllabus above. You will be asked to complete different readings and answer questions about them. There will also be questions that you answer by conducting research on the Web. There will be discussion questions for participants to answer each week, and occasional essays that will be reviewed by peers. There will also be quizzes where you can demonstrate your understanding of the material in the course.
What resources will I need for this class?
You will gain the most from this class if you are willing to “think the unthinkable,” to envision order of magnitude changes in existing ways of doing things and make fearless predictions about the likely impact of a new technology.
What is the coolest thing I’ll learn if I take this class?
You’ll learn how to respond to the waves of technological disruptions that are impacting business and government organizations and educational institutions. You will learn how to be a survivor of the massive changes in the way we live and work that are happening now and will continue into the future.
Will I get a Certificate
after this class?
You can earn a Verified Certificate with a risk-free, no obligation Signature Track trial. Payment for Signature Track can be delayed until the week before the course ends, so you’ll be more certain that you’ll earn your Verified Certificate.
If you choose not to verify your work, you can still participate in the complete course. However, this course will not offer a Statement of Accomplishment. Your final grade will be noted on your course records page.