Daedalus Icarus' wings, Daedalus is portrayed assisting in the creation of something that has subsequent negative consequences, in this case with his creation of the monstrous Minotaur's almost impenetrable Labyrinth, which made slaying the beast an endeavour of legendary difficulty. The most familiar literary telling explaining Daedalus' wings is a late one, that of Ovid: in his "Metamorphoses" (VIII:183–235) Daedalus was shut up in a tower to prevent the knowledge of his Labyrinth from spreading to the public. He could not leave Crete by sea, as the king kept a strict watch on all vessels, permitting none to sail without being
Icarus paradox lead to declining sales and profits and even bankruptcy. This happens as managers make unwise decisions based on past strategies that they mistakenly believe will always be relevant and companies exploit as much as possible the strategies that contributed to their success, centralise their focus on the products that launched their brand and become blinded to changes in the external business environment. The Icarus Paradox refers to the Greek tale of Icarus. He was the son of Daedalus, an inventor, architect and sculptor who built the Labyrinth for King Minos. After falling out of favour with Minos, Daedalus and Icarus