Disruptive Business Climates

Archana Parashar ()
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Archana Parashar: Indian Institute of Management

A chapter in Business and Management in Asia: Disruption and Change, 2024, pp 1-17 from Springer

Abstract: Abstract Disruptive business proposals have revolutionized the traditional ways of approaching the business world. Novel business models have emerged with diversified methods of value creation that have varied drivers of disruption ranging from innovative technology to demographic shifts. Internet and social media have facilitated disruptive innovations, allowing the development of creative business models that cater to emerging customer expectations effectively and efficiently. The present chapter is formulated with the objective of comprehensively analysing how social media has innovatively disrupted the existing business models by citing relevant research studies and real-world applications. To specify the positive effects of disruptive technologies, constructive catalytic innovations in the educational sector have been highlighted. Further, the existing executives’ preferred managerial skills and key strategies are identified that assist them in managing the aftereffects of business disruption. These contemporary business trends have immense practical implications, encouraging business leaders to adapt creatively to the prevalent paradigm shift.

Keywords: Business disruption; Social media; Catalytic innovations (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-9371-0_1

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DOI: 10.1007/978-981-99-9371-0_1

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