Business Disruption Quotes

The perennial gale of creative destruction

There are lots of lessons to learn from Amazon. Never stop innovating or questioning the fundamentals of your business. Disrupt yourself before others do. Continually motivate employees so that they never get too complacent - see Yahoo, AOL and many other Internet companies for evidence of what happens when they do.

Long distances used to be a moat that both insulated and isolated people from workers on the other side of the world. But every day, technology narrows that moat inch by inch. Every person in the world is on the verge of becoming both a coworker and a competitor to every one of us ... Technological change is going to reach out and sooner or later change something fundamental in your business world.

Disruptive innovation is competitive strategy for an age seized by terror.

In 1983, the government imposed a ban on the import of gensets. I was out of business overnight. I was in trouble.

Technology is advancing at breakneck speed, upending old ways of doing business and resetting the social contract between employers and employees.

When a change in how some element of one's business is conducted becomes an order of magnitude larger than what that business is accustomed to, then all bets are off.

Disruption causes vast sums of money to flow from existing businesses and business models to new entrants.

If a no-deal Brexit would happen like has been discussed, I think we would have a major impact in terms of our operations going to the races and getting our cars developed and ready.

Many people, companies, and organizations are trying to protect the past at any cost. We see this regularly in business as the incumbent vs. innovator fight, but I think it's more profound than that. It's literally a difference in point of view.

Certainly, I know from my own work at the Department of Transport the potential chaos that will follow a 'no deal' Brexit. It will cause disruption, delay and deep damage to our economy.

You either disrupt your own company or someone else will.

If you let that sort of thing go on, your bread and butter will be cut right out from under your feet.

There will be two types of businesses in the next 5 years, those that are on the Internet, and those that are out of business

Tearing apart a community, a business, and a family will make America worse off, every time.

Any of our businesses will not exist in the form that is today, will not exist in the same form one year later, two years later... We have to worry about the disruptions in the business models and the practices.

There is no form of Brexit that will be good for our country but a no-deal Brexit will be the most catastrophic of them all.

Even if Pfizer committed itself legally to maintaining some of its research and development in the U.K., its takeover of AstraZeneca would involve dismembering an excellent and strategically important British company.

As you know, there were lots of huge marches around the country yesterday to protest the immigration laws. The marches had quite an impact on businesses. Restaurants had to close, construction sites had to shut down, the Yankees had to forfeit a game. ... Do you realize that Americans are now doing the jobs that immigrants won't do because they're out protesting?

Eventually, all companies are replaced.

History is littered with great firms that got killed by disruption. Of course, the personal computer, a technology that first took root as a toy, got Digital Equipment Corporation. Kodak missed the boat for a long time on digital imaging. Sony was slow to get MP3 technology. Microsoft doesn't know what to do with open source software. And so on.

Our employees and competitors thought we were docile. We want to be defiantly disruptive. I don't mean necessarily by launching price wars but by being the best at the basics - having the best customer service, the best on-time performance, the best coffee - in a thoughtful, not a testosterone-laced, way.

I learned the business in about two months, and then made as much as the others, and was consequently doing quite well when the factory burned down, destroying all our machines - 150 of them. This was very hard on the girls who had paid for their machines.

I've been through a couple of mergers - they're not that fun. And it's easy to lose your focus on this grandiose mission you established for yourself as an independent company.

A little (or more) boat burning would do many enterprises a world of good.