All tagged Business Survival
Are we at an Inflection Point?
According to Investopedia, an Inflection Point is “an event that results in a significant change in the progress of a company, industry, sector, economy, or geopolitical situation and can be considered a turning point after which a dramatic change, with either positive or negative results, is expected to result.”
There's a trend line that we all live through in any endeavor we’re a part of. That trend line can be positive or negative but it’s a constant - there’s no question that there is no such thing as a ‘permanent’ status quo, that things will inevitably progress in some direction to a redefined (temporary) equilibrium.
Most of the time that trend line is drawn out over some material period of time. If we are on the ascent, that ascent can continue for years, driven by a mix of factors both internally driven and externally influenced.
