Strategic Management of Technological Disruption: Navigating the Impact of Emerging Technologies on Business Models
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Abstract
The rapid advancement of emerging technologies presents both opportunities and challenges for businesses, compelling organizations to reassess and often reinvent their business models. This paper explores the strategic management of technological disruption, focusing on how companies can effectively navigate the impact of innovations such as artificial intelligence, blockchain, and the Internet of Things on their existing business frameworks. By analyzing case studies from diverse industries, this research identifies key strategies for leveraging technological disruption to achieve competitive advantage while mitigating associated risks. The findings suggest that organizations that proactively adapt to technological changes, rather than reactively responding, are better positioned to sustain long-term success. The paper also discusses the role of leadership, organizational culture, and continuous learning in managing the transformation process. Ultimately, this study contributes to the broader discourse on strategic management by providing insights into how businesses can thrive in an era of constant technological change.