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Inflection points often appear sudden because they represent a significant shift in the business environment, which can be triggered by various factors such as technological change, regulation, and demographic change. These shifts can disrupt existing businesses and create new opportunities, leading to a sudden change in the business landscape. However, these changes are usually the result of underlying trends and factors that have been developing over time, which is why they are said to have been 'gestating' for a while.
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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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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 They destroy existing businesses and outdated technologies while creating vast new entrepreneurial opportunities.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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