An adaptable company is one that captures more than its fair share of new opportunities. It's always redefining its 'core business' in ways that open up new avenues for growth.
Sentiment: POSITIVE
Adaptability is key.
Just like any business is a living, breathing thing, an entrepreneur has to be able to adapt over time.
There's a pure and simple business case for diversity: Companies that are more diverse are more successful.
Some things are difficult to adapt to.
I do believe we're all adaptable, and you're probably more adaptable than you realize.
Companies will need to pursue a more diversified business model, but I think those companies that have what I call a focused diversified business model will be more successful.
You don't know what's going to happen in our business a year from now... so you have to be flexible and adaptable, and that's what we try to do.
The only way you survive is you continuously transform into something else. It's this idea of continuous transformation that makes you an innovation company.
When you found a company, you have the original vision, you make all the original decisions, you know every employee, you kind of know every aspect of the product architecture and its limitations.
You can't build an adaptable organization without adaptable people - and individuals change only when they have to, or when they want to.