Quotes & Wisdom
Companies stumble for many reasons, of course, but one of the most common is that the very management practices that have allowed them to become industry leaders also make it extremely difficult for them to develop the disruptive technologies that ultimately steal away their markets.
An organization's capabilities become its disabilities when disruption is afoot.
Markets that don't exist can't be analyzed.
Disruptive technologies typically emerge in insignificant markets that industry leaders don't care about.
The logical, competent decisions of management that are critical to the success of their companies are also the reasons why they lose their positions of leadership.
Good management was the most powerful reason they failed to stay atop their industries.
1997
