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A strategic inflection point(SIP) is when the balance of forces shifts from the old structure, from the old ways of doing business, from the old ways of competing, to the new.” In other words, a strategic inflection point brings on a significant change of fundamentals, which it’s hard to fully plan for, formally at least. This doesn’t mean that one shouldn’t plan, but that we should look at ways in which we, our teams and our businesses can best respond to change.
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MORE IDEAS ON THIS
The late author warns against the ‘inertia of success’ and encourages readers to expose themselves to the winds of change and to do so constantly. His point is that strategic inflection isn’t a point; it’s a long, torturous struggle in which we’ll have to manage the chaos.
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148 reads
Andrew Grove, former CEO of Intel, has a model that can help companies not only to deal with critical moments in their existence but also use them to thrive.
Intel’s CEO, Andy Grove, calls these moments “strategic inflection points” or SIPs. He presents advice for surviving and thriving in ...
28
337 reads
IBM was greatly affected by how their computers were built because they used to sell pre-built computers but then people could combine components like microchips, hard drive software etc., so now consumers preferred designing their own PCs instead of buying pre-made ones from IBM
Although I...
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121 reads
SIPs are not just relevant to CEOs. Rather, they affect all employees at every level of a company. That’s why everyone should be prepared for such situations because jobs can be lost when SIPs occur. In extreme cases, a SIP could even result in the entire business shutting down and thus causing e...
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106 reads
CURATED FROM
The Late Andy Grove talks about managing change in this classic leadership book.
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Strategic thinking is defined as approaching today from the perspective of the future. It is an approach aimed at anticipating the long-term effects of our actions. It is a creative, long-term vision geared to the achievement of specific objectives.
This is the " Please don't make me do this" type of change.
Change can come both from inside and outside oneself. However, when somebody or something forces a change upon us, we tend to perceive the experience as being painful. Moreover, if we are prone to depression, it can actuall...
... not on your limitations. We sometimes have limited ability to stop negative events from occurring, we are always free to choose our response.
On your list of possible changes, write down all of the positive ways in which you can take action and respond to each change.
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