Some examples of businesses that failed to anticipate an inflection point and faced decline include Blockbuster, Kodak, and Nokia. Blockbuster failed to anticipate the shift to online streaming services and declined as a result. Kodak, once a leader in the photography industry, failed to anticipate the digital photography revolution and faced a significant decline. Nokia, once a dominant player in the mobile phone industry, failed to anticipate the rise of smartphones and declined as a result.
How can you foresee new growth opportunities and take advantage of the next inflection point? Distil...
View summary