Browse Definitions :
Definition

strategic inflection point

Contributor(s): Ivy Wigmore

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

Start the conversation

Send me notifications when other members comment.

Please create a username to comment.

-ADS BY GOOGLE

File Extensions and File Formats

Powered by:

SearchCompliance

  • risk management

    Risk management is the process of identifying, assessing and controlling threats to an organization's capital and earnings.

  • compliance as a service (CaaS)

    Compliance as a Service (CaaS) is a cloud service service level agreement (SLA) that specified how a managed service provider (...

  • data protection impact assessment (DPIA)

    A data protection impact assessment (DPIA) is a process designed to help organizations determine how data processing systems, ...

SearchSecurity

  • cybersecurity insurance (cybersecurity liability insurance)

    Cybersecurity insurance, also called cyber liability insurance or cyber insurance, is a contract that an entity can purchase to ...

  • phishing

    Phishing is a form of fraud in which an attacker masquerades as a reputable entity or person in email or other communication ...

  • cybercrime

    Cybercrime is any criminal activity that involves a computer, networked device or a network.

SearchHealthIT

SearchDisasterRecovery

  • business continuity plan (BCP)

    A business continuity plan (BCP) is a document that consists of the critical information an organization needs to continue ...

  • disaster recovery team

    A disaster recovery team is a group of individuals focused on planning, implementing, maintaining, auditing and testing an ...

  • cloud insurance

    Cloud insurance is any type of financial or data protection obtained by a cloud service provider. 

SearchStorage

  • NVMe over Fabrics (NVMe-oF)

    NVMe over Fabrics, also known as NVMe-oF and non-volatile memory express over fabrics, is a protocol specification designed to ...

  • logical unit number (LUN)

    A logical unit number (LUN) is a unique identifier for designating an individual or collection of physical or virtual storage ...

  • CIFS (Common Internet File System)

    CIFS (Common Internet File System) is a protocol that gained popularity around the year 2000, as vendors worked to establish an ...

Close