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Showing posts with the label competence trap

Just my thoughts #0696

Threshold. A boundary value at which a physical phenomenon begins to change. This world is constantly evolving. It doesn’t stop at change but also significantly influences other elements and the surrounding environment. Just like the slightest movement of an Amazon butterfly can trigger a storm across the Pacific Ocean. We live in a world where even small changes can have major impacts and outcomes. Recognizing the threshold before a shift occurs can help us prepare for hardships and alert us to danger. These thresholds exist in various fields that make up our world. It’s just that we often don’t know or suspect them. Surviving in this era is an achievement. - Joseph’s “just my thoughts”

Just my thoughts #0056

Success always has two faces. One is achievement and the other is complacency. There's a term in business administration called the " Competence Trap". It refers to the belief that if people cling to and repeat past successes, they will continue to be successful in the future. Xerox, which invented the world's first personal computer; Chrysler, which missed the SUV market because of the success of the minivan; and Kodak, which invented the world's first digital camera but failed to aggressively market it for fear of losing its main business, film. Humility is not an etiquette, but a shared destiny essential to success. - Joseph’s “just my thoughts”