risk
Competitive disruption and business-model obsolescence
A new entrant with a superior model, lower cost, or breakthrough technology captures share faster than the company can respond; industry/technology/customer shifts render the existing business model obsolete.
Record JSON · Open in map · Data retrieval guide
Catalog revision: f368a6cce277037e4b1e1ff46004e3acd295f96c9ac63a411a0e45775a7f468e. A connection does not establish full coverage.
Attributes
- category
- strategic
- domain
- Risk Assessment & Management
- Governance, Policy & Oversight
- taxonomy
- enterprise-risk
- coso-erm-risk
- inherent_rating
- high
Details
- risk_id
- strategic-disruption-substitution
- category
- strategic
- likelihood
- medium
- impact
- high
- inherent_rating
- high
- treatment
- mitigate
- taxonomies
- enterprise-risk
- coso-erm-risk
Source
No record-specific source URL is provided.
Connections
- UC-GOV-12 — Align strategy and business objectives with mission and risk mitigates Competitive disruption and business-model obsolescence
- strength
- related
- rationale
- Evaluating strategy options against the risk profile and revisiting objectives as context shifts aids response to disruption.
- UC-GOV-13 — Govern the technology investment portfolio for value mitigates Competitive disruption and business-model obsolescence
- strength
- related
- rationale
- Prioritizing investment in emerging technology and innovation helps the firm respond to disruptive substitution.
- UC-RISK-11 — Assess changes that could significantly affect risk and control mitigates Competitive disruption and business-model obsolescence
- strength
- related
- rationale
- Control assesses new business models and emerging risks; early detection of disruptive industry/technology shifts enables response before the model is obsoleted.