The article discusses the challenges traditional companies face in embracing innovation amid competition and declining growth. Despite having the means and talent to innovate, leaders often choose to maintain the status quo due to complacency or fear of change. The author compares this reluctance to a ship captain refusing to address a leak while the ship is sinking, highlighting the missed opportunities for survival and improvement that arise from such decisions. The piece critiques the mentality of many leaders who prioritize safety over necessary innovation.
To me this was akin to a ship captain saying he would go down with the sinking ship while his chief engineer is saying, 'no, but we can fix the leak in the hull, and we can improve the engine... and we can survive.'
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