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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.” quote by Peter Diamandis
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“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.”

Peter Diamandis

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.

Key Takeaway

Embrace agility and challenge the status quo.

Themes

business innovation disruption competition

Mood

strategic optimistic

Type

business motivational

When to use this quote

  • startup strategy
  • corporate transformation
  • industry analysis

Key Concepts

market dynamics entrepreneurship technology adoption

Questions to Reflect On

  • What can established firms do to stay relevant?
  • How does agility outweigh size?
A Different Perspective

Incumbents can adapt if they innovate.

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