Thought Sparks Wrap Up — August 2021

Dear colleagues,

Welcome to the monthly newsletter, with a wrap-up of my weekly Thought Sparks and some things to watch out for in September. If you’d like to tap into the full Tuesday sparks, you can subscribe on Substack and get them delivered right to your “in” box every Tuesday.

Subscribers also get an early sneak peek at an on-line capability-building course I’m developing to help with innovation.

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Inflection Points Shift Key Metrics — Are You Paying Attention? (August 3, 2021)

A potentially game-changing inflection point shows up when the key metrics underlying your business have the potential to change on a 10X scale. Here’s where to look to see if that is happening.

As I describe in Seeing Around Corners, inflection points in business have a 10X impact — making things 10X cheaper, 10X smarter, 10X faster, and so on — than was possible before the inflection point took place. Incumbents, however, are so used to looking at the world through the taken for granted lenses of the original business that they don’t see the change coming — until it’s too late. This is particularly true with the digital revolution, which is causing companies who “get” digital to leapfrog those…