The Seneca Effect, also known as the Seneca Cliff or Seneca Collapse, is a concept named after the ancient Roman philosopher Lucius Annaeus Seneca. The effect is based on Seneca’s quote, “Fortune is of sluggish growth, but ruin is rapid.” He observed that many things in nature, including human affairs, systems and civilisations, tend to decline much more rapidly than they ascend.
Derek van Bever and team investigated the incidence and consequences of growth stalls in major corporations, then probe the root causes. Examining hundreds of stall points, the authors conclude that the greatest threat to a company’s growth is posed by obsolete strategic assumptions that undermine market position, and by breakdowns in innovation and talent management. This is Stall Points.
Posted 11 months ago Tagged Aidan McCullen Business Capitalists Dilemma Clayton Christensen Corporate Culture Derek Van Bever Disruption Entrepreneurship Human Potential Innovation Leadership Stall Points Technology Transformation Undisruptable
It is a pleasure to welcome a great friend of Clay Christensen, yet another soul deeply touched by the man, the author of “Stall points” and author of the 2014 paper, The Capitalist’s Dilemma, Derek van Bever.