Organizations, like people, are loss averse. They will instinctively seek to protect what they have, even at the cost of future opportunities. The effects of this are compounded because the enterprise is invested in maintaining the status quo. They are, by nature and by habit, defensive. But this makes it difficult for them to do what it takes to innovate and succeed in the future.
Related
- Organizations have become primarily focused on short-term results
- established-organizations-tend-to-optimize-for-inertia
- pirates-in-the-navy
- innovation
Reference
Viki, Tendayi. Pirates In the Navy How Innovators Lead Transformation. Unbound, 2020.