February 17, 2018
In our modern world, technologies are developing at a rapid pace. However, despite the benefits and opportunities that progress and innovation offer, there are still people who resist change and prefer to rely on tried-and-true methods.
Innovation Denial - Why Clinging to Old Ways Can Harm Businesses
The phrase “We’ve always done it this way” is something I unfortunately hear quite often. However, this mindset can prevent us from utilizing new technologies and ideas to improve existing processes or discover new opportunities. Those who resist embracing change risk falling behind in competitiveness and productivity. In many industries, staying current is crucial to avoid lagging behind the competition.
A poignant example of this dilemma is the story of Nokia. Once the undisputed market leader in the mobile phone sector, everyone knew the reliable Nokia 3210 or, later, the 3310. However, while other companies like Apple and Samsung recognized and adapted to the emerging smartphone technology, Nokia clung to its tried-and-true models. This stubbornness led to Nokia quickly falling behind, losing market share, and eventually being acquired by Microsoft, with the brand disappearing entirely from the mobile phone market in 2014.
Nokia's story vividly illustrates how detrimental it can be to refuse to accept progress. The competition was not necessarily superior, but they had the courage to engage with new technologies and evolve their products. In contrast, Nokia held on to the familiar for too long, allowing other companies to seize the market.
The Fear of Change
The fear of change is a perfectly natural instinct. Many people feel threatened and insecure, especially regarding their jobs, families, or personal relationships. However, change also presents opportunities for growth and improvement. Without change, we would stagnate, and innovations would never emerge. Therefore, it's essential to overcome the fear of the unknown and focus on the positive aspects of change.
Changes are an integral part of life and have been occurring throughout history. For example, we have transitioned from candles and oil lamps to electric light. Consider transportation – from horse-drawn carriages to automobiles.
The transformation is also evident in communication: from letters and telegrams to telephones and now to smartphones with touchscreen technology. In entertainment, we've moved from vinyl records to cassettes and then CDs, eventually diving into the world of music streaming.
Even the way we receive and exchange information has dramatically changed – from printed books to digital libraries on the internet. Do you remember the days of using analog cameras? Today, we capture moments with digital cameras and utilize smartphones that serve as navigation devices and alarm clocks all in one.
I hope you’re beginning to see the point I’m making with these examples. Change is inevitable, and we must be open to new possibilities and view changes as opportunities rather than threats. Because change will always happen, whether we embrace it or resist it.
Closing Words
Today's innovative achievements will themselves become old-fashioned at some point. Progress happens inevitably - with or without us. It is important that we actively participate in it so as not to be left behind. Otherwise, we would still be trying to make fire by rubbing sticks together.