Resisting change can lead to business failure from "summary" of The Innovator's Dilemma by Clayton Christensen
As companies grow and become successful, they often develop a set of processes and practices that helped them achieve that success. These processes can become deeply ingrained in the organization, creating a resistance to change. However, this resistance to change can be detrimental to the long-term success of the business. When a company resists change, they may fail to adapt to new technologies or market trends. This can lead to a loss of competitiveness as other companies embrace these changes and gain a competitive advantage. In the book 'The Innovator's Dilemma', Christensen argues that successful companies often fail because they are unwilling to disrupt their existing business model in order to embrace new opportunities. One of the key reasons why companies resist change is because they are focused on serving their existing customers. These customers are happy with the current products or services being offered, and so the comp...
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