In psychology, “status quo bias” refers to our general tendency to prefer things the way they are rather than having to face the uncertainty of less familiar options. In part, this is because we ...
Disruptive innovations change the status quo and fundamentally alter the way businesses, consumers and industries operate. In general, these innovations simplify complex processes, leveraging ...
The list goes on and on. Once, category leaders, all these companies saw their success decline due to the all-too-familiar adversary that was once the reason for their initial growth: the status quo.
Like it or not, many industries are resistant to change. After all, most people don’t like change, either. The status quo works well (or at least well enough), and the perceived dangers of trying to ...
I recently read a piece by Miller and Fillat (2023) discussing issues inherent in the “Do Something Syndrome” as it relates to politicians and policymaking. Though the Do Something Syndrome sounds ...