Disruptive Technology and Firm Capability of Some Selected Oil and Gas Organizations in Rivers State Nigeria

It is no longer news that organizations had faced serious challenges due to the emergence and rapid development of disruptive technologies. This study explored the relationship between disruptive technology and firm capabilities of oil and gas companies in Port Harcourt, Rivers State Nigeria. The study adopted a survey design, the population of the study is 401, and the sample size was 200 using the sample size formula. The respondents was using the simple random technique. And Pearson Product Moment Correlation technique was used at 0.01 level of significance with the aid of SPSS. Our findings show a positive and significant relationship between dimensions and measures of disruptive technology and organizational capabilities in the companies under investigation. The study showed that there is a correlation between disruptive technology and organizational capabilities in the companies under survey. The researcher concludes that disruptive technology has a positive impact on the organizational capabilities. The researcher recommendations were as follows. The management should adopt cloud services technology to bring flexibility, security to businesses, supporting new investment area of the business and to make the business grow. This will enable the oil and gas companies to rapidly modernize their operating system to lower cost and increase the agility of their management in data storage, backup and complete information accessibility. The oil and gas organizations must invest in security service technology to combats different treats from different quarter and form a collaboration between national security and international security to fostering a safer and more connected business world. Management should ensure they are dynamic in their operations so that they can survive any types of changes that may pose a serious threat to the survival and growth of the organization. Oil and gas companies must furcate the environment and consider which disruptive technology might influence their performance and prepare resources and formulate a strategy that will helps to adjust to the disruptive technology for better performance.