Business Quote by Richard Sennett
““Institutional changes, instead of following the path of a guided arrow, head in different and often conflicting directions: a profitable operating unit is suddenly sold, for example, yet a few years later the parent company tries to get back into the business in which it knew how to make money before it sought to reinvent itself. Such twists have prompted the sociologists Scott Lash and John Urry to speak more largely of flexibility as “the end of organized capitalism.””
About This Quote
Corporate restructuring often leads to contradictory moves, reflecting a broader shift from stable, organized capitalism toward flexible, opportunistic strategies.
In simple terms: Businesses now pivot unpredictably.
Flexibility reshapes capitalism.
Themes
Mood
Type
When to use this quote
- mergers & acquisitions
- divestitures
- re‑entering markets
- strategic pivots
Key Concepts
Practical Applications
- map long‑term strategic intent
- evaluate core competencies before pivots
Questions to Reflect On
- What safeguards prevent chaotic pivots?
- How does flexibility affect stakeholder loyalty?
Flexibility can erode employee trust and long‑term brand equity.