Factors Quote by Charles Kettering
“Obsolescence is a factor which says that the new thing I bring you is worth more than the unused value of the old thing.”
About This Quote
Source Interview: Automotive Innovation Talk, 1955
New products gain value by replacing older, less useful ones.
In simple terms: New replaces old, adding value.
Innovate to create superior alternatives.
Themes
Mood
Type
When to use this quote
- product development
- market analysis
- strategic planning
- investment decisions
Key Concepts
Questions to Reflect On
- How can you manage transition to new technology?
- What value does the old product still hold?
Constant change can cause waste and resistance.