Big Quote by William Mougayar
“Big companies do not want to disrupt themselves. All they want to do is improve themselves. They see the blockchain as another IT project. It's going to save money; it's going improve a process here and there. It's not going to change their business.”
About This Quote
Source Book: The Business Blockchain, 2016
Large firms resist self‑disruption, treating new tech like blockchain as incremental fixes rather than transformative change.
In simple terms: Big firms see blockchain as a small IT upgrade.
Encourage true innovation, not just process tweaks.
Themes
Mood
Type
When to use this quote
- strategic planning
- digital transformation initiatives
- startup partnerships
- risk assessment
Key Concepts
Questions to Reflect On
- What would genuine blockchain disruption look like?
- How can incumbents overcome fear of self‑disruption?
Overlooks cases where blockchain does enable new business models.