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Transformation Series: The Future-Proof Playbook

Over the past several weeks, I’ve shared a Transformation Series exploring companies and leaders who either resisted change or embraced it - and what those choices meant for their future.


From Kodak’s hesitation, to Spirit’s broken promise, to AOL’s clinging to legacy, the risks of standing still became obvious. In contrast, Elon Musk and Amazon showed us the power of curiosity, clarity, and reinvention to continually stay ahead.


What if you were inspired to take action from the lessons of these five companies?


These stories go beyond corporate case studies, and become mirrors for how each of us run our business, lead our teams, and serve our clients. Because future-proofing isn’t about predicting every shift—it’s about building the muscle to adapt, anticipate, and create value no matter what changes come next.


Kodak — Vision Without Action

  • What they did: Invented the digital camera (1975)… then shelved it.

  • Why it failed: Fear of cannibalization, attachment to legacy, short-term incentives.

  • Lesson: Vision without execution is wasted potential. The market won’t wait.


Spirit Airlines — Misaligned Promise & Experience

What they did: Built an “ultra-low-cost” model, but layered in surprise fees.

Why it failed: Frustration eroded trust; total cost often exceeded expectations.

Lesson: Customers remember the experience, not just the math. Trust is the real value prop.


AOL — Holding Onto Legacy

What they did: Clung to dial-up internet long after it became obsolete.

Why it failed: Nostalgia kept infrastructure alive while relevance slipped away.

Lesson: Being remembered fondly feels good, but relevance is what creates impact.


Elon Musk — Curiosity, Courage & Clarity

What he does: Asks bold questions (global internet, Mars, sustainable energy), pivots when needed (Dojo).

Why it works: Agility + laser focus on a unifying vision: advancing humanity.

Lesson: Future-proofing requires curiosity, courage, and clarity of purpose.


Amazon — Competing on Experience, Not Product

What they did: Started as a bookstore, but built around convenience, ease, and lifestyle alignment.

Why it works: Every reinvention (AWS, Prime, groceries) ladders back to one value prop: making life easier.

Lesson: Don’t define yourself by what you sell—define yourself by the value you deliver in people’s lives.


The Takeaway

Future-proofing isn’t about clinging to what worked. It’s about:


  • Acting on vision.

  • Aligning promise and delivery.

  • Letting go of legacy that no longer serves.

  • Staying curious, agile, and focused.

  • Competing on experience, not just product.


The leaders who thrive aren’t remembered for what they sold. They’re remembered for how they adapted, reinvented, and created value that shaped people’s lives.

Liz Schehl_edited.jpg

Author

Liz Schehl, Founder ESC Strategy 

Liz spent more than 20 years in the financial services industry, starting as a Financial Advisor before advancing to influential leadership roles across multiple business areas, including training & development, inclusion & diversity, compliance, sales execution, practice management, marketing, business optimization, and client service. 

Learn more about Liz AND her new book, The Courage to be Curious, at www.lizschehl.com

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