
Anand Mahindra, chairman of the Mahindra Group, said large companies must intentionally create internal forces to challenge their own business models. Speaking at the Harvard Business School Centennial Global Business Summit, he…
Anand Mahindra, chairman of the Mahindra Group, said large companies must intentionally create internal forces to challenge their own business models. Speaking at the Harvard Business School Centennial Global Business Summit, he argued that corporate complacency is the biggest threat to longevity. 'You have to seed internal disruptors. They don't guarantee your survival, but you have got to try,' he said. The quote, reported by Business Today, reflects his view that failing to self-disrupt makes eventual failure certain.
Corporate sermons about self-disruption are easy to applaud. The hard part is whether Mahindra Group itself will cannibalise its profitable SUV line to chase electric vehicles, or spin off a fintech that undercuts its own lending arm. Indian business loves the idea of disruption as long as it does not touch quarterly earnings. The real test is not the speech at Harvard but the next boardroom vote on a project that threatens an existing revenue stream.
Source: businesstoday.in
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