Have you ever heard of “creative destruction” before? If not, familiarize yourself with it: The concept can transform your business. Article by Kate Vitasek published on 26 May 2022 Link: https://www.forbes.com/sites/katevitasek/2022/05/26/creative-destruction-why-it-matters-and-how-to-implement-it/?sh=4ccd68bd6e3d
creative destruction
A Necessary Era of Creative Destruction
The Depression-era economist and political scientist, Joseph Schumpeter (1883-1950), worried about the stagnation of capitalism and globalization long before globalization was a thing (and he wondered whether capitalism would even survive). The term “creative destruction” that Schumpeter championed was a way to describe a process in which the old ways of doing things are destroyed and […]
