Actually Quote by Anonymous
“The reason why it is so difficult for existing firms to capitalize on disruptive innovations is that their processes and their business model that make them good at the existing business actually make them bad at competing for the disruption.”
About This Quote
Source Business article: Harvard Business Review, 2020
Existing firms fail at disruption because their strengths in current business become weaknesses for new challenges.
In simple terms: Current strengths hinder adaptation to disruption.
Key Takeaway
Adapt processes to embrace new models.
Themes
innovation
disruption
business strategy
adaptation
Mood
analytical
pragmatic
Type
philosophical
inspirational
When to use this quote
- strategic planning
- product development
- leadership workshops
Key Concepts
organizational inertia
core competencies
market change
Questions to Reflect On
- How can you identify hidden weaknesses?
- What steps can you take to become more agile?
A Different Perspective
Focusing only on past success can blind firms to future needs.
