Impact of Disruptive Technologies on Companies: Lessons from the Past
By
ArmageddonIt
If you only eat one bagel today, this is the bagel.
Summary
The article discusses the impact of disruptive technologies on companies, using the example of carriage and wagon manufacturers in the early 20th century. It highlights the need for leaders to adapt to survive in the face of technological advancements.
Key quotes
· 3 pulled"How did you go bankrupt?" "Two ways. Gradually, then suddenly." - Ernest Hemingway
"Every disruptive technology since the fire and the wheel have forced leaders to adapt or die."
"This post tells the story of what happened when 4,000 companies faced a disruptive technology and why only one survived."
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