“As companies age they tend to become more reliant on extracting value from their past successes and less desirous of innovating. It’s every CEO’s job to ensure the company rejects this tendency and instead chooses to embrace both the capital of past success and the capital of present innovation.”

“As companies age they tend to become more reliant on extracting value from their past successes and less desirous of innovating. It’s every CEO’s job to ensure the company rejects this tendency and instead chooses to embrace both the capital of past success and the capital of present innovation.”

— Hendrith Vanlon Smith Jr