Andy Grove, celebrated ex-chief of intel wrote a book titled “Only the paranoid survive”. It was a great read certainly, but the reason i recall it, was because, for quite some time now, i felt i was missing some thing, but could not place what it was. This, of course is in the context of the current economic scenario.
Well, i think we are currently in the middle of a “strategic inflection point” for global economy. But first, what is it? Here is what they have on Intel Site. A general google search will also result in quite a few links, so i wont point more. But the essence of a strategic inflection point is that it is a time of 10x change. A time when, the fundamental rules change. At time when the old rules no longer apply.
There may be multiple reasons why such a change occurs in a business environment. Things like a break-through technology (Microprocessors to Integrated Circuits), radically new distribution channel (Internet for media, snail mail etc.), Information source (Internet again for term life insurance and student home work) etc. are some such in the business arena. However, the changes currently in progress are at a far more fundamental level, that of geo-politics and society’s.
The best way to understand and survive current change is by having the context of such changes and the possible consequences My next post will be on the elements that suggest there is some thing to this line of thought.
