4 Trajectories of Industry Change

The video discusses a model explaining how industries evolve over time due to various factors. It highlights that industries and companies must adapt to avoid obsolescence, which can be caused by threats to core activities or assets. Technological changes can also drive industry evolution. Organizations should prepare for inevitable changes by streamlining structures and reducing activities that hinder growth.

What preparations should organizations make in anticipation of lower revenue growth?

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Why is it important for organizations to be ready for change?

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