But for business use, the term “disruption” really took off with Clayton Christensen’s 1997 book The Innovator’s Dilemma . Business Disruption (Business Continuity Risk) denotes risk of losses arising from the disruption of business or system failures. definition and conceptual framework; to evaluate prior theory use; and to identify future research directions. To that end, the key to managing disruption related risks is as follows: Capture the risks as disruption related risks in the organisation’s enterprise risk register; Identify causes and controls in the same manner that we do for any other risk; Develop a continuity plan for the restoration of the function; and; Test the plan regularly. This dictionary disruption definition is synonymous to “interruption,” which has a largely negative connotation. You are using a … Definition. Design/methodology/approach: A systematic literature review of 354 articles (published 2000- 2016) based on descriptive, thematic, and content analysis. After all, it’s much easier to pivot a small, niche service with a few employees than it is for a multinational to risk investing billions into creating previously untested business divisions. Findings: There has been a considerable focus on identifying risk types and proposing risk mitigation strategies. Believe it or not, small business owners are generally best positioned in order to survive disruptive innovation and emerge stronger. Definition of Disruption Risk: Disruption risk is risk which arise from natural disaster, such as weather disruption, or man made ones such as economic crises. It is a type of Operational Risk that threatens Business Continuity. Disruption dominates the executive agenda Future of risk series: Trend nine Business leaders are increasingly focusing on risks that threaten to disrupt the fundamental assumptions of their organization’s strategies. Business disruptions of varying kinds and impact are commonplace. Context.