Ah, change. It’s not just the late David Bowie’s manifesto for (among other things) the frequency of change in the world today. Change is something to be embraced and utilized for growth. The ramifications for not accepting change can be grave. Remember Borders? Toys “R” Us? Failure to embrace change and innovate has generated some serious, and interesting, quotes:
“We are not changing direction; we will continue to move full-steam ahead with our core business, which is Blockbuster stores and Blockbuster online.” — John Antioco, CEO, Blockbuster
“It’s something that sounds stupid, but I probably should have made some deeper inquiries about the business plan.” — Russell Ray Jr., CEO, Pan Am
“Everything that Sun produces will be open source and free.” — Jonathan Schwartz, CEO, Sun Microsystems
As a former Sun Microsystems employee, I kind of get a chuckle out of the last one, because I’m pretty sure that it leads to negative margins. Another thing to note is that these were all Fortune 500 companies at one time. And now they’re gone.
The rate of change is accelerating as evidenced here:
Dave has been bringing solutions to market under various monikers (alliances, business development, solution marketing) for more than 15 years. Before entering the world of tech, he enjoyed a 15-year stint in the wine business.