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The book 'Seeing Around Corners: How to Spot Inflection Points in Business Before They Happen' presents several innovative ideas. One of the key insights is the concept of Type 1 and Type 2 decisions, as described by Jeff Bezos. Type 1 decisions are high risk, irreversible, and have significant consequences for the organization. On the other hand, Type 2 decisions are low-risk, reversible, and offer rich learning potential. The book suggests empowering small, trusted teams with the authority to make Type 2 decisions. This approach can help organizations anticipate disruption, build resilience, and seize new growth opportunities.
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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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According to Jeff Bezos, there are two types of decisions. Type 1 decisions are high risk, irreversible, and have considerable consequences to the organization. Type 2 decisions, in contrast, are low-risk, reversible, and rich in learning potential. Empower small, trusted teams with authority to make Type 2 decisions.
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