When characteristics that have led to organizational success, over time, become the basis for the organization's downfall, we sometimes refer to the phenomenon as:
A) The Icarus Paradox
B) Deficient Reaction Syndrome
C) Boiled Frog Syndrome
D) Strategic Atrophy

Question

Quizplus · Accepted Answer

The Icarus Paradox is the phenomenon where an organization's strengths and success become the reason for its downfall. This is because the organization becomes overconfident and starts taking risks that are beyond its capabilities and resources, just like Icarus who flew too close to the sun and melted his wings despite his flying ability.

When Characteristics That Have Led to Organizational Success, Over Time