Sink or swim : how to survive waves of change in a fast-paced industry.
Why are companies like Apple on top of the world while others like Blackberry have been relegated to a minor market share? Why is Netflix king and Blockbuster extinct? Netflix spotted a strategic inflection point and capitalized on it, says Rita Gunther McGrath. A strategic inflection point is a shi...
| Format: | Video |
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| Language: | English |
| Language Notes: | In English. |
| Published: |
[Place of publication not identified] :
Big Think,
2019.
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| Subjects: | |
| Online Access: | Connect to this streaming video (Alexander Street Press) |
| Summary: | Why are companies like Apple on top of the world while others like Blackberry have been relegated to a minor market share? Why is Netflix king and Blockbuster extinct? Netflix spotted a strategic inflection point and capitalized on it, says Rita Gunther McGrath. A strategic inflection point is a shift in the external environment that changes the assumptions upon which a business is based-it could be technology, social norms, or a company's reputation. People and organizations who see inflection points early and respond to them with a small investment or an experiment have an advantage. They will swim while their competitors may sink. |
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| Item Description: | Title from resource description page (viewed September 18, 2022). |
| Physical Description: | 1 online resource (6 minutes) |
| Playing Time: | 00:05:17 |