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Businesses can turn strategic inflection points into growth opportunities by identifying these changes early and adapting their strategies accordingly. This could involve embracing new technologies, adjusting to new regulations, or catering to demographic changes. By staying ahead of these shifts, businesses can position themselves to take advantage of new opportunities and avoid being left behind by the changes.
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How can you foresee new growth opportunities and take advantage of the next inflection point? Distilled from decades of consulting expertise on innova...
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A strategic inflection point is a change in the environment that shifts the very fundamentals of business. Inflection points can be caused by factors like technological change, regulation, and demographic change. They destroy existing businesses and outdated technologies while creating vast new entrepreneurial opportunities. While inflections may appear sudden, they have been gestating for a while. Read on to learn how to spot inflections early and create strategic advantage for your organization.
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