A business can ensure it is prepared for the implications of an inflection point by closely monitoring industry trends and making strategic investments at different stages. During the hype stage, it's important to avoid getting caught up in the buzz and making rash investments. Instead, small exploratory investments should be made during the dismissal stage when viable business models begin to emerge. As the inflection point becomes more apparent during the emergence stage, deeper investments should be made to generate future options. Finally, during the maturity stage, the business should be prepared to take advantage of growth opportunities.
How can you foresee new growth opportunities and take advantage of the next inflection point? Distil...
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