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Innovative strategies to shift resources from the central business to support next-gen enterprises can include:
1. Strategic reallocation of resources: This involves identifying and moving resources from less productive areas to areas with higher growth potential.
2. Developing new growth vectors: This could involve creating new products or services, entering new markets, or leveraging new technologies.
3. Building organizational resilience: This involves creating a flexible and adaptable organization that can quickly respond to changes in the business environment.
4. Fostering a culture of innovation: This can help to generate new ideas and drive growth in next-gen enterprises.
5. Leveraging partnerships and collaborations: This can help to access new resources and capabilities.
Question was asked on:
Since an inflection point changes the critical constraints that an organization operates within, it may require a change in the very structure of the organization and how it functions. The key challenge for leadership is to orchestrate an inflection within the organization to take advantage of the inflection outside. This might mean shifting resources from the central business to support next-gen enterprises or creating new growth vectors.
Asked on the following book summary:
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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