Businesses can adapt to the changes brought about by inflection points by being proactive and strategic. They should be able to spot inflection points early to gain a strategic advantage. This involves creating information flows from the edges of the organization to the top management, as the earliest signs of inflection points often emerge from the interfaces with the outside environment. Leaders should also expose themselves to the interfaces where customers engage with the organization to overcome the shielding of unpleasant information by employees. Delegating small teams at the front lines to make decisions can also be beneficial.
How can you foresee new growth opportunities and take advantage of the next inflection point? Distil...
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