There is the mistake of overdoing the defense of the status quo, the error of investing too much time and energy in keeping things as they are.
And then there is the mistake made while inventing the future, the error of small experiments gone bad.
We are almost never hurt by the second kind of mistake and yet we persist in making the first kind, again and again. Seth Godin, Two Kinds of Mistakes
Just take a look at these stories from the New York Times:
Virgin Stores in France file for bankruptcy: “ As sales of CDs declined, the chain failed to expand in digital markets quickly enough.”
Google is the dominant search engine on the Internet and has secured 96 percent of the market worldwide in mobile search. But, the proliferation of mobile devices is changing the landscape so rapidly that Google’s dominance is not certain.
As a leader, when you look at your own organization, what mistakes are you making? Are you making decisions looking forward or are you protecting the past, or, for that matter, the present? No one says it’s easy, especially if your company is printing cash with the status quo. The question is how fast will change occur and which side of it will you be on?