Why didn’t General Motors or Blockbuster see it coming? Thousands of companies of all sizes, focusing on doing better what they are already do. don’t see it coming. With hindsight the mistakes are clear. Yet, GM and Blockbuster employ some very bright people.. Many bright and previously successful executives are unable to prevent their company’s fortunes from declining.
Why are clever people failing? The problem is obvious – they are stuck in the past. Now the key question is how can companies adapt and thrive in a fast-changing and increasingly complex business world? You’ve heard it, Innovate of Die! But a leader can’t lead innovation if his or her adaptive potential is not up to snuff. Or, as Marcel Proust put it,
The real act of discovery consists not in finding new lands but in seeing with new eyes. (more…)