The statement above sounds dramatic until you evaluate it in context of those companies who were once iconic household names but no longer exist because they could not and did not adapt to the changes happening all around them.
Off the top of my head the list includes:
Digital Equipment Corp
And on and on and on. How many can you think of?
The Agile “movement” hit the scene in the Software and IT space 20 years ago for this very reason – to help organizations quickly adapt and change and deliver value their customers demanded; but many have struggled to make the important people, process, and product changes absolutely critical to transformation.