There are several ways to anticipate disruption in business. One of the key methods is to spot inflection points early. Inflection points are transformations in the business environment caused by factors like technological change, demographic shift, or new regulations. They often follow a pattern of hype, dismissal, emergence, and maturity. These points are often invisible to the boardroom and the earliest signs emerge from the edges of the organization, where it interfaces with the outside environment. Therefore, creating information flows from these edges to the top management can be beneficial. Another method is for leaders to get out of the building and systematically expose themselves to the interfaces where customers engage with the organization. Delegating small teams at the front lines to make decisions can also help anticipate disruption.
How can you foresee new growth opportunities and take advantage of the next inflection point? Distil...
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