Quote by David Sarnoff

The great menace to the life of an industry is industrial self-complacency.

The great menace to the life of an industry is industrial se

Summary

This quote suggests that the biggest threat to an industry's sustainability and growth is when it becomes complacent and satisfied with its current achievements. When industries become too confident or content with their success, they become resistant to change, innovation, and the need for ongoing improvement. This self-complacency can lead to stagnation, loss of competitiveness, and vulnerability to external challenges. Therefore, the quote highlights the importance of continuously striving for improvement and remaining vigilant in order to avoid the dangers of complacency within an industry.

Topics

Apathy

By David Sarnoff

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