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Podcast: New Books in Business, Management, and Marketing
Episode: Rita McGrath, "Seeing Around Corners: How to Spot Inflection Points in Business Before They Happen" (Harper Business, 2019)
Description: Seeing Around Corners: How to Spot Inflection Points in Business Before They Happen
by Rita Gunther McGrath
Inflection points, as discussed first by Andy Grove in his book, Only the Paranoid Survive, are paradigmatic shifts that lead to entrepreneurial opportunities, such as those companies like Amazon and Netflix seized, or lead to failure, if not responded to adequately as in the instances of companies like Nokia, Blockbuster, Intel, Kodak, and Xerox. Leaders must “see around corners” to identify disruption and must respond appropriately. Business School Professor and consultant Rita McGrath contends that though the disruption often s...