Inflection points in business can be mitigated in several ways.
Firstly, businesses need to stay informed about changes in their industry and the broader market. This includes technological advancements, regulatory changes, and shifts in consumer behavior.
Secondly, businesses should be flexible and adaptable. This means being willing to change business models, strategies, or products in response to an inflection point.
Lastly, businesses can mitigate the impact of inflection points through innovation. By continually developing new products, services, or processes, businesses can stay ahead of changes in the market.
Remember, the key to mitigating inflection points is to anticipate them before they occur and to adapt quickly when they do.
How can you foresee new growth opportunities and take advantage of the next inflection point? Distil...
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