Able Quote by Peter Drucker

Any company designed for success in the 20th century is doomed to failure in the 21st.

— David S. Rose

The industrial landscape is already littered with remains of once successful companies that could not adapt their strategic vision to altered conditions of competition.

— Ralph Abernathy

When you prohibit failure, you kill innovation.

— Dan Pallotta

The enterprise that does not innovate ages and declines. And in a period of rapid change such as the present, the decline will be…

— Peter Drucker

“I have my own theory about why decline happens at companies like IBM or Microsoft. The company does a great job, innovates and becomes…

— Walter Isaacson

Not to innovate is the single largest reason for the decline of existing organizations. Not to know how to manage is the single largest…

— Peter Drucker

A company that cannot self-correct cannot thrive.

— Carol S. Dweck

New products, new markets, new investors, and new ways of doing things are the lifeblood of growth. And while each innovation carries potential risk,…

— Adena Friedman

Any system, biological, economic, or social, that gets so encrusted that it cannot self-evolve, a system that systematically scorns experimentation and wipes out the…

— Donella Meadows

Companies that solely focus on competition will ultimately die. Those that focus on value creation will thrive.

— Edward de Bono

Innovation demands risk-taking - which, in turn, entails redefining failure, stripping away its power to inhibit.

— Lynne Doughtie

“great companies fail not because they want to avoid disruptive change but because they are reluctant to embrace promising new markets that might undermine…

— Brad Stone