6min chapter

The Innovation Show cover image

Belligerent Butterfly Beliefs: Ghost Mountains and Business Blind Spots

The Innovation Show

CHAPTER

The Dangers of Outdated Business Models and the Importance of Adaptability

This chapter examines the risks associated with adhering to outdated business models, using the example of Blockbuster's decline due to its inability to adapt. It stresses the significance of challenging internal assumptions and reframing mental frameworks to drive innovation and responsiveness to change.

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