Depict the industry of airlines specifically Southwest Airline in terms of the following aspects What are the major performance metrics of production (what consumers look for in a product or service in terms of technology and innovation, not outcome metrics such as ROI, EPS, price, cost, revenue or...

SOLUTION The airline industry including Southwest Airlines can be analyzed in terms of the following aspects Major Performance Metrics of Production In terms of technology and innovation consumers loo ...

Depict the industry of airlines specifically Southwest Airline in terms of the following aspects: What are the

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Depict the industry of airlines specifically Southwest Airline in terms of the following aspects:
- What are the major performance metrics of production (what consumers look for in a product or service in terms of technology and innovation, not outcome metrics such as ROI, EPS, price, cost, revenue or sales, market share, growth rate, productivity, number of clients, customer satisfaction, subscriptions, etc.) of the major goods and services of the industry?
- What are examples of sustaining innovations in the history of the industry?
Were there disruptive innovations in the industry? If so, explain why they were "disruptive," based on Christensen's logic (e.g. overshooting, coming from below, asymmetry of motivation to compete) Support your argument with evidence. If you believe disruptive innovation hasn't happened yet, explain why it hasn't happened, in terms of overshooting, coming from below, and asymmetry of motivation to compete. Providing examples are preferable.
What would be a good strategy to either prevent disruptive innovation of your competitors, or creating a disruptive innovation, based on your analysis of the three conditions of disruptive innovation (overshooting, coming from below, asymmetry of motivation to compete)? Why? Support your argument with evidence.
- Please take note that "investing in R&D" or "investing in marketing" is not in and of itself "strategy." It is a step, or at best, a way to increase operational efficiency. Remember that strategy is a company's unique approach of doing things that would be hard for competitors to imitate.
- Also, note that a general answer in the lines of "focusing on innovation" is tautological. It is the same as saying "you need to try to be good to be good." Provide a tangible strategy while not focusing on operational efficiency.