Urjit Patel Quotes

Sometimes, we need an obstacle to challenge us and push us further than we would if things were always status quo. I'd say one example is the market crashing. It's like, just when we started to get into a rhythm, everything changed! But, it taught us a great deal about how we do business and how we can improve.

By seizing the opportunities that disruption presents and leveraging hard times into greater success through outworking/outinnovating/outthinking and outworking everyone around you, this just might be the richest time of your life so far.

When everyone is running the machine, and it's all working, there's a tendency to look at the short term and focus on incremental opportunities and not look ahead to the really big opportunities.

An open-minded person running a business might catch a problem faster than a closed-minded person. And when they identify a problem, they can fix it much faster.

If you have a strong opponent, a competition is stimulating. I am generally most open to ideas when I have had a bad result. In chess, too, players specialise. This specialty then becomes an entry barrier.

Growth makes management easier. In particular, it makes making labor concessions seem easy. It's when growth stops because you're being disrupted that managing becomes really, really hard, and as a result, most disrupted companies simply disappear.

Customers are willing to try new things, and if you can survive, you will have fewer competitors. It's like entering the eye of the storm. As long as you are strong enough to survive, you can end up in still water by yourself.

When you're a large company with significant market share, it's tempting to view market disruptions as a threat, but we view them as an opportunity.

Business models that are relevant today are not relevant tomorrow and were not in existence yesterday.

I think we need ideas for the future.

To thrive, all businesses must focus on the art of self-disruption. Rather than wait for the competition to steal your business, every founder and employee needs to be willing to cannibalize their existing revenue streams in order to create new ones. All disruption starts with introspection.

When you look at how the sports world is changing, you have to figure out how to become different than everyone else.

Every organization has to prepare for the abandonment of everything it does.

The only way to avoid disruption is to constantly do what you would if you were just starting out.

One cannot manage change. One can only be ahead of it.

You don't get points for predicting rain. You get points for building arks.

Change, not habit, is what gets most of us down; habit is the stabilizer of human society, change accounts for its progress.

Without change, there is no innovation, creativity or incentive for improvement

If you are losing at a game, change the game.

And if things always stayed the same, Scarlett, what would be the reason for bothering to draw breath?

Within chaos lies opportunity.

Technology: No Place for Wimps!

All failure is failure to adapt, all success is successful adaptation.

Fail early, fail often, but always fail forward.

Make it work