ORGANIZATIONS SOAR WHEN THEY FIND THEIR STRIDE |
Successful organizations discover their fortune through
perseverance, paranoia & passion, leading to continuous innovation, execution
excellence. They consistently stay ahead of their competition by riding the
points of inflection..
There is a fortune waiting behind the door for every organization borne with a purpose in mind
Organizations have to strive to find
the right key to the door to their fortune of their life time.. Master Mentors..
Look around and we find thousands of organizations
struggling to survive as they are unable to make profit despite investing lot
of resources and toiling hard. They are termed as ‘Busy Fools’ who work hard
only to make losses or at best, no money. They are unable to serve the stakeholders,
employees and the society. On the other hand, we come across incredibly
successful organizations that have hit the sweet spots in their business, again
and again, leading to consistent growth and prosperity.
"Only the
Paranoid Survive", quoted Andrew S. Grove, one of the Intel's founders and a
legendary CEO.Intel is one of
the most successful and ever growing companies of our times, which rode the
points of inflection consistently in its growth curve, continuously reinventing
itself, to be in tune with the customers’ needs and leading the industry
standards with more and more powerful processors.
In his book ‘Only the Paranoid
Survive’, Andrew Grove discussed the concept of ‘Strategic Inflexion Point’ . “An
inflection point occurs where the old strategic picture dissolves and gives way
to the new“, he said.
"There is at least one point in
the history of any company when you have to change dramatically to rise to the
next level of performance. Miss that moment, and you start to decline." Andy Grove, Intel CEO.
While it is never easy to find this inflection point
and most of the companies are often blind sighted by this, the best companies
are forever paranoid and are continuously innovating to keep themselves ahead of the curve.
Some of the companies that dominated the world by riding the waves created by the inflection points through innovation, determination and passion in the recent history are:
Some of the companies that dominated the world by riding the waves created by the inflection points through innovation, determination and passion in the recent history are:
Google- With
its Search related products and services to capitalize on the rising need for 'Information services’,
Apple – With iPod, iPhone and the iPad to capture the
mobile consumers,
Dell- Customized products to cater to the value for
money conscious empowered customers,
RIM- Black Berry phones for mobile enterprise
customers,
Amazon – E-commerce and Cloud computing platform to capture
the sweeping changes in the service oriented architecture space,
FaceBook, Linkedin and Twitter- Social media platforms to enable today’s
generation to express themselves, leverage their social networks, stay connected , share and validate
experiences,
Nokia – Telecom revolution with value for money
feature ridden handsets for brand conscious consumers,
Samsung- With feature rich experience phones with
multimedia experience etc.
It is important to note that some of the companies
are unable to keep in tune with the fast changing market landscapes and are
falling by the wayside losing their market share quickly.
Nokia, Motorola, RIM, Myspace, Orkut face trying
situations to keep up their market shares as they miss the inflection points
again and again.
Apple and Samsung have been continuously unleashing cutting edge innovation to keep in tune with the multiple points of inflection occurring at smaller and smaller intervals.
Organizations which are driven by passionate promoters,
filled with employees who passionately lead the organization through the many
curves of growth, take advantage of the points of inflection as they keep
occurring. Such organizations are filled with competent professionals with
positive attitude, purposefully and passionately driven towards a common vision
with high motivation, leading to exceptional results consistently.
Companies like Polaroid, Xerox, Sega, Myspace, Orkut, Hindustan Motors, Kodak, Sony, Motorola are some of the numerous companies that have either lost their edge or got the soil under their feet completely washed off due to the tsunami caused by the points of inflection that occurred due to changing market places or disruptive innovations.
While there are Pots of Gold existing for thriving companies to explore and exploit, it is imperative for the successful companies to innovate and persistently try to find the keys to unlock the doors to their fortune.
No comments:
Post a Comment