Airlines Quote by Peter Diamandis
“Whether it's steamships disrupted by the railroads or railroads disrupted by the airlines, it's typically the large entrenched incumbents that are displaced by innovators.”
About This Quote
Source Speech: Disruption and Innovation, 2018
Incumbent giants are often overtaken by agile innovators, regardless of industry.
In simple terms: Big old firms get displaced by new innovators.
Embrace agility and challenge the status quo.
Themes
Mood
Type
When to use this quote
- startup strategy
- corporate transformation
- industry analysis
Key Concepts
Questions to Reflect On
- What can established firms do to stay relevant?
- How does agility outweigh size?
Incumbents can adapt if they innovate.