Why Leaders do not learn from success.
The annals of corporate history are filled with stories of companies that once dominated their industries but fell into decline. The common reasons cited — staying too close to existing customers, a myopic focus on short-term financial performance, and an inability to adapt business models to disruptive innovation — do not fully explain how the leaders who made these companies successful explain yours. Contact lost.
In this article, we argue that success can lead to failure by hindering learning at both the individual and organizational levels. We all know that learning from mistakes is…