Large is no longer in charge
“Large is no longer in charge.”
-- Viacom emperor Sumner Redstone
Redstone imparted his wisdom during a recent analyst call. He said that, “Agility and innovation will separate the winners from the losers … Leverage will belong to the nimble and the swift and of course content will always remain king.”
It’s a good time to be small. Agility is a rare trait in big things. And Redstone’s sentiments resonate in industries far outside media and entertainment, too.