In his landmark book Capitalism, Socialism, and Democracy, the economist and political scientist Joseph Schumpeter coined the term “creative destruction” — the idea that in a capitalistic society, ...
Creative destruction has the innate ability to impact the future of your business. Of the many things that can bring about the end of a business, few can be more lethal than stagnation — not changing ...
When drastic disruptions bring new political leaders, policymakers respond with major changes. We’re living in such a time, even if it’s not clear how much a pandemic, rampant inflation, international ...
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The need to use creative destruction
Both natural and economic ecosystems have one thing in common—they evolve through a process of ‘creative destruction’. The inefficient are weeded out over time and replaced by those that are more ...
When drastic disruptions bring new political leaders, policymakers respond with major changes. We’re living in such a time, even if it’s not clear how much a pandemic, rampant inflation, international ...
Cirque du Soleil is the most creative organization on the planet. No other comes close. Each time Cirque develops a new show, creative directors start with a blank sheet of paper. Their mandate is ...
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