Seeing Around Corners

Rita McGrath

Seeing Around Corners

– August 29th 2019

Rita McGrath is a globally recognized expert on innovation and growth strategies with an emphasis on corporate entrepreneurship. She was here to visit, introduce and pre-launch her new book “Seeing Around Corners: How to Spot Inflection Points in Business Before they Happen”. She reminded us how transient advantages are and show us a new playbook for strategy.

 

 

 

 

 

She talked about the concept of strategic inflection points, which are those forces that change the assumptions we make about how to run our businesses, how to live our lives, and how we perceive reality generally.

So how do you see disruptive changes coming? She talked about the necessity of getting outside of your own little bubble and out to the edges of your organization in order to see what’s really going on? She reminded us that a key piece of navigating inflection points is a willingness to embrace the unknowability of the future and acknowledge that you can’t control or plan everything.

Rita led us through a series of exercises and group discussions throughout the day that focused on identifying strategic inflection points and detecting early warnings. She said that we often look at strategic inflection points as negative. But reminded us that If we cling to our old models, we view change as a problem. But if we embrace an inflection point, and view things positively, we’re able to benefit from the potential opportunity present in a strategic inflection point.