What are the key steps in creating an Arena Map to anticipate business inflection points?

An Arena is ready for inflection when a change in any of the factors analyzed in the Arena Map changes a key metric or creates an entirely new category with different key metrics. This indicates that the assumptions underlying the current state of the Arena are shifting, potentially leading to new growth opportunities or disruptions.

Analyzing current assumptions and potential shifts can help identify future possibilities in business by providing insights into potential changes in key metrics or the creation of entirely new categories with different key metrics. This process, often referred to as creating an Arena Map, allows businesses to anticipate disruption and build organizational resilience. It helps in foreseeing new growth opportunities and taking advantage of the next inflection point.