Download and customize hundreds of business templates for free
During the dismissal stage, businesses that have survived the initial hype and crash begin to find viable business models and customer needs. To survive this stage, businesses should make small investments to explore opportunities. This allows them to adapt and evolve their business model based on the market's response, without risking too much capital. It's also important to stay informed about industry trends and changes, as these can provide valuable insights for future growth.
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...
Go to dashboard to download stunning templates
DownloadQuestion was asked on:
Hype: After some early promise, there is a sudden buzz about how a paradigm shift is imminent. Believers invest heavily, hoping for massive growth. It inevitably ends up in disaster. Dismissal: At this stage, few of the initial entrants who survived would have begun to find viable business models and customer needs. This is the time to make small investments to explore opportunities. Emergence: At this stage, it becomes clear to industry watchers how the inflection may change things. This is the time to deepen investments to generate multiple future options. Maturity: The inflection has happened, and its implications are quite clear. The organizations that are not prepared by now face decline. This is the stage to take advantage of growth opportunities.
Questions and answers