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Not because they had stopped performing or lacked experience.
In some ways, the opposite was true.
They had been successful for so long that the experience that made them good had begun to make it harder to see what was changing.
There is a fine line between “I’ve seen this before” and “I’ve already decided what this is.”
And the more successful you have been, the easier it is to cross it.
Our brains are prediction machines. We interpret new situations through models built from experience and notice evidence that confirms what we believe. Usually, this is useful. Experience helps executives recognize patterns, cut through noise and make decisions others cannot.
Until the environment changes faster than the model.
That is what makes the current moment so unforgiving.
AI is not simply another technology. Business models, competitive boundaries, organizational structures and assumptions about where human judgment creates value are shifting simultaneously. Yesterday is becoming a poor predictor of tomorrow.
And yet our instinct is still to extrapolate.
We take what made us successful, refine it, and do more of it.
I see the consequences in my work with senior leaders. Someone has spent decades developing judgment—and rightly trusts it. But gradually, experience becomes certainty. Pattern recognition becomes premature closure. A strong point of view hardens into a worldview that filters out what no longer fits.
The dangerous part is that none of this feels like rigidity from the inside.
It feels like experience.
That is why I increasingly challenge executives not only on what they think, but on how they know that what they think is still true.
Which assumptions are you carrying forward because reality supports them—and which because your career does?
Where are you recognizing a pattern, and where merely recognizing the past?
This has little to do with age. I know younger executives who are remarkably rigid and leaders in their sixties who remain curious and willing to dismantle their assumptions.
The difference is developmental.
Can you hold decades of experience without becoming imprisoned by it? Can you use what you know without needing the world to remain consistent with it?
That requires more than learning agility. It requires the maturity to tolerate being wrong, the awareness to catch your mind defending yesterday, and the humility to let reality disturb your worldview before it destroys your relevance.
Experience still matters enormously.
But in a world of accelerating obsolescence, it no longer protects you.
Your ability to question what your success has taught you might.