Success can breed complacency and hinder future innovation efforts from "summary" of The Innovator's Dilemma by Clayton Christensen
Success can breed complacency and hinder future innovation efforts. This is a common phenomenon observed in companies that have achieved significant success in their industries. When a company reaches a certain level of success, it tends to become complacent and overly confident in its abilities. This complacency can lead to a lack of motivation to innovate and explore new ideas. The company may become content with its current products and services, failing to see the need for change or improvement. Innovation is crucial for companies to stay competitive in the ever-evolving business landscape. However, success can often blind companies to the need for innovation. They may believe that their current success is enough to sustain them in the long run, failing to realize that...
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