How CEOs and Employees Need to Respond To Strategic Inflection Points

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 every employee to lose their job.

For example, when sound was first introduced into movies, actors were forced to choose whether they wanted to stick with silent films or adapt to the new. Some adapted and became successful movie stars; others failed because they didn’t adapt well enough.