Business Quote by Rupert Murdoch
“Societies or companies that expect a glorious past to shield them from the forces of change driven by advancing technology will fail and fall. That applies as much to my own, the media industry, as to every other business on the planet.”
About This Quote
Source Speech: Interview on Media Evolution, 2015
Relying on nostalgic prestige to resist technological change leads to decline; adaptation is essential for survival.
In simple terms: Clinging to past glory while tech advances causes failure.
Key Takeaway
Embrace change, don’t rely on nostalgia.
Themes
change
technology
business
media
adaptation
Mood
cautious
reflective
Type
warning
advisory
When to use this quote
- media companies
- legacy industries
- digital transformation
- strategic planning
Key Concepts
Innovation
disruption
organizational inertia
Questions to Reflect On
- How can organizations balance heritage with innovation?
- What steps ensure proactive tech adoption?
A Different Perspective
Ignoring technological trends can still erode relevance even with adaptation.
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)