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Showing posts with the label competence trap

Just my thoughts #0708

The examples of successful people should serve only as references, but you should use them as opportunities to reflect and consider yourself as the key to success. If you generalize the success secrets of successful people, you will eventually end up with meaningless advice that offers hope, and you might even undermine yourself. The circumstances, timing, qualities, and talents of successful people are not the same as mine, so it’s risky to generalize their secrets. Instead of making such broad assumptions, you can only succeed if you develop your own philosophy and approach based on your inclinations, qualities, and circumstances, using success secrets as inspiration. No matter how good the clothes are, if they don’t fit my body, they are useless. - 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”