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Creative Destruction Of Higher Education Institutions, Ronald Ben Johnson
Creative Destruction Of Higher Education Institutions, Ronald Ben Johnson
Journal of Research Initiatives
Creative destruction is the phenomena of constant change through technological and/or process innovations in any given industry. Without strategy and commitment to continuous development, the process of constant change threatens any firm’s ability to establish and sustain competitive advantage over competition. Creative destruction can turn the biggest giants of today into tomorrow’s distant memories. Institutions of higher education cannot escape the tentacles of creative destruction as they are now witnessing their own industry rapidly changing. Some institutions of higher education have responded by strategically adapting while others have remained fiercely intransigent. Dr. Michael E. Porter’s five forces analysis provides …