Browse Definitions :
Definition

strategic inflection point

A strategic inflection point is a time period when an organization must respond to disruptive change in the business environment effectively or face deterioration.

An inflection point, in general, is a decisive moment in the course of some entity, event or situation that marks the start of significant change. The term comes from math, where it describes the point at which a convext (upward) curve turns concave (downward) or vice versa. Business-related inflection points can be caused by economic trends, environmental factors, competitive activities and disruptive technologies such as the personal computer and the smartphone, among other things.

In the early 1990s, Andy Grove, who was then CEO of Intel, coined the term strategic inflection point to underline the importance of business leaders taking action at such times. At an inflection point, change is inevitable, for good or ill: Business as usual cannot continue. According to Grove, the lack of an effective strategy in response to those events is likely to lead to failure.

See a video tutorial on strategic inflection points:

This was last updated in September 2015

Continue Reading About strategic inflection point

SearchNetworking
SearchSecurity
  • man in the browser (MitB)

    Man in the browser (MitB) is a security attack where the perpetrator installs a Trojan horse on the victim's computer that is ...

  • Patch Tuesday

    Patch Tuesday is the unofficial name of Microsoft's monthly scheduled release of security fixes for the Windows operating system ...

  • parameter tampering

    Parameter tampering is a type of web-based cyber attack in which certain parameters in a URL are changed without a user's ...

SearchCIO
  • chief procurement officer (CPO)

    The chief procurement officer, or CPO, leads an organization's procurement department and oversees the acquisitions of goods and ...

  • Lean Six Sigma

    Lean Six Sigma is a data-driven approach to improving efficiency, customer satisfaction and profits.

  • change management

    Change management is a systematic approach to dealing with the transition or transformation of an organization's goals, processes...

SearchHRSoftware
SearchCustomerExperience
  • clickstream data (clickstream analytics)

    Clickstream data and clickstream analytics are the processes involved in collecting, analyzing and reporting aggregate data about...

  • neuromarketing

    Neuromarketing is the study of how people's brains respond to advertising and other brand-related messages by scientifically ...

  • contextual marketing

    Contextual marketing is an online marketing strategy model in which people are served with targeted advertising based on their ...

Close