Tuesday, September 24, 2019
Management Essay Example | Topics and Well Written Essays - 2500 words - 5
Management - Essay Example Figure 1 shows how this disruptive model works. The focus of this paper is to ascertain the secrets of success in sustaining long-term performance and growth; in essence, how to become an innovator. In MGT class, we have asserted that it is no simple matter for a firm to be a long-term innovator and that accomplishing this requires capable performance in corporate strategy, culture, architecture, leadership and decision making (taken from topic question). During the process of researching this paper, the realization I came to is that sustainable growth comes from many different factors but they are all under one subheading: This one heading encompasses the myriad of topics that were and still are discussed in MGT. These areas also contain the seeds of creating sustainable growth and innovation in companies. I will discuss how these areas manifested in various companies for their betterment or their detriment. My position is that I agree with Christensen and Raynor in that disruptive sustainable growth, while not yet fully experienced by any company to date (except possibly for Microsoft), is within the realm of possibility. Sustainable growth and innovation is a product of one seamless thread of business concept and application from top to bottom. How this thread is severed can come from many different areas, one of the most important being from the management team level. Executives are charged with the task of creating profit in various business and product lines within their companies. How does a manager allocate his time and resources to do this? For me, the concept of disruptive growth is a Rosetta stone in this topic. To me, it holds within it the essence of growth and success along with chaos theory. These two concepts create a complexly rich look at how managers can conceptualize and manage their businesses without forcing control onto their businesses. Chaos theory ââ¬Ëdeals with unpredictable complex systemsââ¬â¢ (ââ¬Å"What is Chaos
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