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Strategic inflection points can have significant impacts on existing businesses. They can disrupt the status quo, rendering existing business models and technologies obsolete. However, they also create new opportunities for innovation and entrepreneurship. The ability to identify and adapt to these inflection points can provide a strategic advantage for businesses.
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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 They destroy existing businesses and outdated technologies while creating vast new entrepreneurial opportunities.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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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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