6Change, Execute, and the Golden State Warriors
Romanticizing glory days, embracing business strategies that are outdated, and continually forgiving poor performance because of previous successes are the surest signs of a company destined to fail. Though this would seem obvious, remaining sentimental to what worked in the past and failing to adapt to the business environment of the future is an epidemic that pulses through every industry and market in the world. Go ask the former executives of Blockbuster, Toys “R” Us, or Borders Bookstore about not needing to adapt and maintaining the status quo.
There were many reasons these companies took a nosedive, but a lot of it revolved around the fact that they believed they were too big, too strong, ...
