BUSINESS

How to Reinvent Your Business Before it Collapses

Pay attention to those S-curves

Paul Myers MBA
The Startup
Published in
4 min readApr 18, 2020

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A female leader inspecting visual data — How to Reinvent Your Business Before it Collapses by Paul Myers
Image by Gerd Altmann from Pixabay

Successful companies don't sit by and wait for markets to stall. No. The best companies never sit idle until their growth stagnates before taking action.

Top leaders make their next business move way before this happens. They see success as a warning sign, as such, they innovate during times of prosperity. Always one step ahead.

“The arrogance of success is to think that what we did yesterday is good enough for tomorrow” — William Pollard, Physicist, Director of Nuclear Studies

Leaders are not in the business of Energy, Telecoms, IT, SaaS, eCommerce, retail, Banking … I could go on … the fact is:

Leaders are in the business of innovation.

This article highlights key points from the research undertaken by Paul Nunes and Tim Breene, leaders at Accenture’s High-Performance Business Research.

What is the S-Curve?

It’s basically your business lifecycle. A road that innovative high performers often probe and test to map out a new path, as illustrated by Nunes…

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Paul Myers MBA
The Startup

Top writer in Business, Leadership, Entrepreneurship, Startups & Innovation. Interested in all things E-commerce and more --- https://cdsequine.com