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  • Suggest You - Tradition and Past Business Assumptions May Be the Root Causes of the Disease

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    ore and hence are able to tide through it again. Often, we also falsely assume that this change is temporary, or tha
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    For a troubled company, it is prudent to challenge all “sacred cows” – those old and sacrosanct business assumptions. It is probable that some of these old “sacred cows” which were based on prior erroneous perceptions and assumptions that got the company into trouble.

    In times of rapid change, a strategic failure is often caused by an incorrect or false assumption. We console ourselves by telling ourselves that we have gone through the present problem before and hence are able to tide through it again. Often, we also falsely assume that this change is temporary, or that

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    . It is probable that some of these old “sacred cows” which were based on prior erroneous perceptions and assumptions that got the company into trouble.

    In times of rapid change, a strategic failure is often caused by an incorrect or false assumption. We console ourselves by telling ourselves that we have gone through the present problem before and hence are able to tide through it again. Often, we also falsely assume that this change is temporary, or tha

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    that got the company into trouble.

    In times of rapid change, a strategic failure is often caused by an incorrect or false assumption. We console ourselves by telling ourselves that we have gone through the present problem before and hence are able to tide through it again. Often, we also falsely assume that this change is temporary, or tha

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    ct or false assumption. We console ourselves by telling ourselves that we have gone through the present problem before and hence are able to tide through it again. Often, we also falsely assume that this change is temporary, or tha
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    ore and hence are able to tide through it again. Often, we also falsely assume that this change is temporary, or that the impact would be limited and hence can be ignored. Success has got into the management’s heads and become their greatest root cause of the disease. The prevailing mindset is that “we have been successful and everything worked in the past and failures will not happen here.” Then the company’s profit erodes and their stock plummets.

    In a similar vein, we may dismiss the pain in our body such as a headache or stomach ache and just treat it with simple ov

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