When Experience Becomes a Blindfold: The Hidden Cost of Over-Relying on Industry Veterans in a Shifting Market
Decades of hard-won industry knowledge are among the most valuable assets a leadership team can possess — until the market shifts in ways that knowledge does not account for. This article argues that the same depth of expertise that drives competitive advantage in stable environments can become a source of strategic rigidity when conditions change, and that the organizations best positioned for 2025 and beyond are those that have learned to challenge their most experienced voices with the most d