If You Don’t Cannibalize Yourself, Someone Else Will Ross | July 16th, 2013

Steve Jobs famously said “If you don’t cannibalize yourself, someone else will.”

Most businesses protect existing products, services, and processes and fear change. Such fear comes at a great price. Remember Kodak? Xerox? Blockbuster? Book stores?

The music industry is changing before our eyes. The publishing industry is collapsing under its own weight and fear.The advertising industry is faced with a simple choice: innovate or die.

No industry is immune – no company is safe.

Evolve or die.

 

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  • Harry

    So true, particularly in today’s rapidly changing business landscape. History is rife with examples of companies that went puff because they stuck to their old business model, while the world was changing around them. As Andy Grove famously said – only the paranoid survives.

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