A-ha's for week 2:

I would first like to make a comment about the Economist article regarding the downfall of the traditional phone. It is clear to me that if a new technology can improve an existing technology that companies providing that technology need to embrace and experiment with the improvements or be left behind. To fight the improvements would be foolish, but even more foolish may be putting TOO MUCH into the new. There needs to be a balance and an incorporation as not to alienate the current clients.

Technology, as illustrated in the other readings, is an evolution. What is "new" is most likely just something that already exists growing to a more mature and advanced state. The consumer will always follow what is cost effective and convenient. Staying on top of the new technology and viewing it as a tool instead of a problem will determine what companies survive, and which ones disappear.

I know I make it sound like it is easy, and I am not so naive as to think it to be. To adopt new elements to old business plans takes money and research. A company may take a blow initially, but if they are smart and can achieve that balance I referenced earlier, then they should come out on top.