by A few years ago, Andy Grove introduced the concept of a strategic inflection point in his classic book “The Age of 10 Times Faster”, pointing out that “a strategic inflection point refers to the impending change of the basic elements of an enterprise. time.” Many people do experience the turning point in this way—the moment when everything changes irreversibly. However, exploring the true nature of strategic turning points reveals a different story. The situation is similar to that in Hemingway’s “The Sun Also Rises,” where Mike, the fictional character, answers how he went bankrupt. “Gradually,” Mike describes, “and then suddenly.” A turning point is when the business environment changes, dramatically altering an element of your activity, causing an assumption that was taken for granted to start to falter.
