Summary of Why Competitive Advantages Die

Looking for the article?
We have the summary! Get the key insights in just 5 minutes.

Why Competitive Advantages Die summary
Start getting smarter:
or see our plans




  • Applicable
  • Eye Opening
  • Concrete Examples


The American retail giant Sears was once the largest retailer in the world. Numerous business experts and commentators have weighed in to explain the company’s decline. Investor and business columnist Morgan Housel argues that although Sears’s downfall was stunning, the factors that caused it were more mundane. getAbstract recommends his short blog post to every business leader who wants to avoid the mistakes that bring down many once-successful enterprises.

About the Author

Morgan Housel is a partner at Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal.



The sudden decline of Sears, once the world’s largest retailer, fits a pattern that afflicts many once-successful endeavors – be it a business, career or investment strategy. People are usually quick to blame the usual suspects – competition and incompetence – when things fail, yet the following factors are often at play as well:

  • Becoming set in your ways – People who have been successful with a particular strategy are often reluctant to try new approaches. In today’s fast-changing business environment, leaders who fail to take on new challenges...

More on this topic

By the same author

5 Ways Your Company Can Keep Its Competitive Edge
The Bad Side of a Good Idea

Customers who read this summary also read

Accelerating Digital Innovation in Retail
How Online Shopping Makes Suckers of Us All
L&D: Where Are We Now?
The Inside Story of BitTorrent’s Bizarre Collapse
What in the World Is Causing the Retail Meltdown of 2017?
‘I Forgot My PIN’

Related Channels

Comment on this summary