Rita McGrath and Ian MacMillan wrote: "The depressing headlines are only the latest manifestation of a trend that has been long in the making: the encroachment of Schumpeter's famous "gales of creative destruction" over what were once relatively stable, even mature, businesses.1 Unfortunately, leaders of many of today's more mature organizations don't have the right mindset or practices to help their organizations survive.
MITSloan Management Review Article—How to…
Rita McGrath and Ian MacMillan wrote: "The depressing headlines are only the latest manifestation of a trend that has been long in the making: the encroachment of Schumpeter's famous "gales of creative destruction" over what were once relatively stable, even mature, businesses.1 Unfortunately, leaders of many of today's more mature organizations don't have the right mindset or practices to help their organizations survive.