New Delhi, Sept. 3 -- In the age of constant hustle and high-stakes decision-making Ghazal Alagh, the Co-founder of Mamaearth, has come up with a complex understanding about the "biggest risk in business." Referring to business outcomes of big companies like Kodak, BlackBerry and Blockbuster, the 37-year-old said that the biggest risk in business isn't competition instead it is fighting yesterday's war with tomorrow's money.

In a LinkedIn post, Ghazal Alagh warned that businesses risk failure by clinging to past strategies in a competitive landscape as suggested by the consequences of big businesses.

Highlighting the dangers of not evolving with consumer needs and technological advancements, she stated, "Kodak invented the digital camer...