Industry Evolution and Change Essay Solution

Industry Evolution and Change Essay

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Industry Evolution and Change Essay

Critical Thinking: The Nature of Change

In this module, we learned that everything is in a state of constant change. This is a challenge of strategic management, as the industry environment is driven by technology, consumer needs, politics, economic conditions, and many other influences. Consider these influences as you analyze the following case.

Case 11: New York Times: Adapting to the Digital Revolution p. 492 (in the textbook)

To support the case analysis read Chapter 8 and the assigned reading.

Remember that a case study is a puzzle to be solved, so before reading and answering the specific case questions, develop your proposed solution by following these five steps:

Read the case study to identify the key issues and underlying issues. These issues are the principles and concepts of the course module which apply to the situation described in the case study.

Record the facts from the case study which are relevant to the principles and concepts of the module. The case may have extraneous information not relevant to the current course module. Your ability to differentiate between relevant and irrelevant information is an important aspect of case analysis, as it will inform the focus of your answers.

Describe in some detail the actions that would address or correct the situation.

Consider how you would support your solution with examples from experience or current real-life examples or cases from textbooks.

Complete this initial analysis and then read the discussion questions. Typically, you will already have the answers to the questions but with a broader consideration. At this point, you can add the details and/or analytical tools required to solve the case.

Case Study Questions:

Industry Evolution and Change Essay

What was the nature and sources of organizational inertia in this case?

Explain “disruptive technology” and “architectural innovation” as it relates to this case.

Evaluate the role of organizational ambidexterity, crisis management, capability development, dynamic capabilities, and knowledge management in this case.

What general lessons for the management of strategic change did you gain from this case and how do they apply to the current state of this industry?

Your well-written paper should meet the following requirements:

Industry Evolution and Change Essay

Be 4 to 5 pages in length, which does not include the required title and reference pages, which are never a part of the content minimum requirements.

Use Saudi Electronic University academic writing standards and APA style guidelines.

Support your submission with course material concepts, principles, and theories from the textbook and at least two scholarly, peer-reviewed journal articles unless the assignment calls for more.

It is strongly encouraged that you submit all assignments into the Turnitin Originality Check before submitting it to your instructor for grading. If you are unsure how to submit an assignment into the Originality Check tool, review the Turnitin Originality Check—Student Guide for step-by-step instructions.

Review the grading rubric to see how you will be graded for this assignment.

Industry Evolution and Change Essay

For Your Success Your Third Critical Thinking Assignment is due this week. Review the assignment early in the week and contact your instructor if you have any questions or concerns. Please note that your instructor will be hosting a required Live Session this week. Learning Outcomes

Understand the factors that drive industry evolution.

Recommend strategies appropriate to the different stages of the industry life cycle.

Evaluate different approaches to managing strategic change including organizational ambidexterity, scenarios, crisis management, capability development, dynamic capabilities, and knowledge management.

Readings Required:

Chapter 8 in Contemporary Strategy Analysis

Chapter 8 PowerPoint slides Chapter 8 PowerPoint slides – Alternative Formats in Contemporary Strategy Analysis

Visnjic, I., Ringo, D., & Arts, S. (2019). Which Service? How Industry Conditions Shape Firms’ Service‐Type Choices. Journal of Product Innovation Management, 36(3), 381–407. https://doi.org/10.1111/jpim.12483

Recommended:

Cuccinelli, M., & Peruzzi, V. (2020). Innovation over the industry life-cycle. Does ownership matter? Research Policy, 49(1), N.PAG.

Industry Evolution and Change Essay

RUBRIC
Excellent Quality 95-100%	Introduction 45-41 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.		Literature Support 91-84  points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.			Methodology 58-53 points Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score 50-85%	40-38 points More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.		83-76  points Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.			52-49  points Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality 0-45%	37-1 points The background and/or significance are missing. No search history information is provided.		75-1 points Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.			48-1 points There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
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