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Showing posts with the label complacency

Just my thoughts #0622

Reading many books is important, but how you interpret what you read matters more. The ability to interpret affects how knowledge is applied in real life, making a big difference. Experiences and circumstances heavily influence interpretation, but imagination is fundamentally crucial. Even if you see the same thing in an imagined experience, the interpretations can vary greatly, and what drives action in reality also differs. The skill to connect what we know with new ideas is called creativity, but the way we make these connections comes from imagined experiences. Imagine in your own way! - 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”