Harvard-business-review Quote by J. P. Eggers
““It can be dangerous to be right at the outset. Managers in some LCD-first companies interpreted the pivot point as an unconditional endorsement of everything they had been doing. As a result, they failed to recognize the need to rethink some details of their technology, such as the importance of color displays, and their complacency helped former plasma companies pull ahead.””
About This Quote
Source Harvard Business Review: Leadership Pitfalls, 2021
Early success can blind managers to needed pivots, causing stagnation.
In simple terms: Success may hide the need for change.
Key Takeaway
Continuously reassess assumptions despite early wins.
Themes
leadership
innovation
pivot
complacency
technology
Mood
analytical
cautious
Type
business
strategic
When to use this quote
- business strategy
- executive training
- product development
Key Concepts
LCD market
color displays
strategic planning
organizational learning
Questions to Reflect On
- How do you detect hidden blind spots?
- What signals indicate a needed pivot?
A Different Perspective
Overconfidence may delay crucial adaptation.
