Title: Seeing Around Corners Pdf How to Spot Inflection Points in Business Before They Happen
Author: Rita McGrath
Published Date: 2019
Page: 272
FEATURING A FOREWORD BY CLAYTON CHRISTENSEN “At IDEO, we have been helping clients see what their future could be for decades. I’m excited that we now have such a human, entertaining, and thoughtful guide to explain why it is so important to get ready for the next inflection point. There is not a leader or organization that won’t benefit from diving into this splendid book.” —TIM BROWN, Chair of IDEO and author of Change By Design "This book is chockful of arresting reflections on inflection points, and practical tips on how to recognize them, understand them, and above all, to take advantage of them. A necessity on the bookshelf of every leader." —HAYAGREEVA "HUGGY" RAO, Atholl McBean Professor of Organizational Behavior, Graduate School of Business, Stanford University “Rita McGrath learned how to see around corners early in the age of disruption and has been ahead of the curve ever since. Along with Clayton Christensen, she is one of my go-to thinkers on how people need to be thinking about disruptive change. This entertaining, straightforward book should be a constant companion as you consider your next steps, both as a business leader and an individual. Compelling story telling, important data, incisive analysis—a great, important read.” —WHITNEY JOHNSON, Founder and CEO at WLJ Advisors. Award-winning Author of Build an A Team “Seeing Around Corners really captures the essence of working together - both process and expected behaviors - and how it enables all of us to know where we are, where we are going, and then anticipate and act on the inflection points to continuously deliver value for the greater good!” —ALAN MULALLY, former CEO of Boeing Commercial Airplanes and the Ford Motor Company ”I never miss the opportunity to include Rita McGrath in my executive events – read this book and you’ll know why!” —Marshall Goldsmith, #1 New York Times bestselling author of Triggers, MOJO and What Got You Here Won’t Get You There. “Rita McGrath has long been one of my go-to thinkers on strategy, innovation and entrepreneurship. Seeing Around Corners builds beautifully on her earlier works by showing us that anticipating significant change is not some innate talent that only a few have. Rather, it is a discipline that can be learned and systematically improved. A game-changer!” —ALEX OSTERWALDER, Co-Founder, Strategyzer.com, bestselling author of Business Model Generation “Yesterday’s strategy tools are increasingly incompatible with today’s dynamic environment. Seeing Around Corners is a vital addition to the strategy field. It is Rita McGrath at her best, combining thought-provoking frameworks, practical guidance and deeply researched, engaging case studies. Highly recommended.” —SCOTT D. ANTHONY, Senior Partner, Innosight, author of Dual Transformation and The Little Black Book of Innovation “Every organization faces the same challenge: how to mitigate future risk without stifling opportunities. Rita Gunther McGrath deftly shows how to find signals in the noise of disruption. Companies that apply her smart techniques to see around corners will not only discover their emerging inflection points earlier, they'll be in a strong position to lead their industries into the future.” —AMY WEBB, Founder, The Future Today Institute and Professor, NYU Stern School of Business “Our world, in which any person or thing can communicate with any other person or thing instantly and near zero cost, is brimming with infinite possibilities—and risks of disruption. In her brilliant new book, Seeing Around Corners, Rita McGrath shows us how to think systematically about what this bewildering future holds—and how to take advantage of it.” —STEPHEN DENNING, author of The Age of Agile "Strategic inflection points” are not “overnight” shifts or random occurrences; they emerge as result of a systematic process. To see them before they come requires deep understanding of what happens in the mainstream and on the edges. Rita McGrath has brought this concept alive through her new book, Seeing Around Corners. The book suggests that organizations should explore the concept of an 'arena', rather than an industry. “This new way of thinking is the first step to change the conventional wisdom in management and competition. In another brilliant insight, she moves away from strict definitions of product category and talks about the jobs that people are trying to get done in their lives. Through her solid understanding of trends and well-researched insights, Professor Rita McGrath provides executives and senior leaders with the practical tools they need to transform their organizations and create new, entrepreneurial opportunities that can make a positive impact in their own business and the society in general.” —RICARDO VIANA VARGAS, Executive Director, Brightline InitiativeRITA McGRATH is a globally recognized expert on strategy, innovation, and growth with an emphasis on corporate entrepreneurship. A long-time member of the Columbia Business School faculty, she is recognized consistently as one of the top 10 management thinkers by Thinkers50 and is a highly sought-after speaker at corporate events such as the Yale CEO Summit, the Innosight CEO Summit and at the World Economic Forum meeting in Davos. McGrath has also been inducted into the Strategic Management Society "Fellows" in recognition of her impact on the field.McGrath is often cited in the press, including the Wall Street Journal, New York Times, Washington Post, Financial Times, and NPR's Marketplace. She has been rated one of the 25 smartest women to follow on Twitter by Fast Company and consistently appears in the rankings of the top business school professors to follow on Twitter. McGrath writes regularly for Fortune, is a regular contributor to the Wall Street Journal, and blogs regularly at HBR.org.McGrath's best-selling book The End of Competitive Advantage: How to Keep Your Strategy Moving as Fast as Your Business was recognized by Strategy+Business as the #1 business book of 2013. She is also a co-author of MarketBusters: 40 Strategic Moves that Drive Exceptional Business Growth (2005) and The Entrepreneurial Mindset (2000).McGrath joined the faculty of Columbia Business School in 1993. She received her Ph.D. from the Wharton School, University of Pennsylvania and has degrees with honors from Barnard College and the Columbia School of International and Public Affairs. She is married and is proud to be the mother of two delightful grownups.CLAYTON M. CHRISTENSEN is the Kim B. Clark Professor of Business Administration at Harvard Business School. He is the author of eight critically acclaimed books, including the bestsellers How Will You Measure Your Life?, The Innovator's Dilemma, and Disrupting Class. Christensen is the cofounder of Innosight, a management consultancy; Rose Park Advisors, an investment firm; and the Innosight Institute, a nonprofit think tank.
Paradigmatic shifts in the business landscape, known as inflection points, can either create new, entrepreneurial opportunities (see Amazon and Netflix) or they can lead to devastating consequences (e.g., Blockbuster and Toys R Us). Only those leaders who can “see around corners”–that is, spot the disruptive inflection points developing before they hit–are poised to succeed in this market.
Columbia Business School Professor and corporate consultant Rita McGrath contends that inflection points, though they may seem sudden, are not random. Every seemingly overnight shift is the final stage of a process that has been subtly building for some time. Armed with the right strategies and tools, smart businesses can see these inflection points coming and use them to gain a competitive advantage. Seeing Around Corners is the first hands-on guide to anticipating, understanding, and capitalizing on the inflection points shaping the marketplace.
Resilient Organizations NEED this wisdom - Spot on and SO smart! Rita McGrath puts common sense into an arena that is not very common: strategic inflection points. You'll find her advice to be straight-forward as to what needs to be done. And you will have a shocking realization as to how a lack of courage, truths-telling, and foresight hampers far too many. organizations. It's what I have been lecturing on for years. But Rita adds the research and punch that will make you sit up and say "Got it. Let's go!".Corners are VERY important to see around✅ I’m a big fan of the author and find her perspective to be right on point for guiding my clients toward accurate outcomesA new framework and tools for leading in a digital world Seeing Around Corners represents a new approach to strategy formulation and management in a digital world. Recognizing and acting on inflection points is the central reason why leaders need to see around the corners of their business, the industry and customers. McGrath defines an inflection point as single point in time when everything changes irrevocably. Disruption is an outcome of an inflection point, but this book goes beyond this omnipresent issue to understand what it takes to see change coming before others.Rita McGrath offers a discovery driven growth playbook in the form of a structured approach to guide executives in understanding how important it is to be able to see and lead in this dynamic environment. The book is a unique blend of high impact strategic thinking, business school style lessons with actionable and practical tools and things you can do. Too many books are either one (rubber hits the sky) or the other (low level tools) that are not fit for enterprise and strategic challenges.This book is practical, with many points based and attributed to proven business leaders. For example, the observation from Andy Grove that change happens first on the fringes of the customer market and business model. If you are looking for an inflection point, don’t look at the core, look at the edge.A competitive arena, as opposed to an industry, is used as a primary lens through which to understand the world and therefore what the effects of a potential inflection point might be. Think of an arena as a definition of the setting where customer need connects with company solution to create value. An arena can be seen as super sized and strategic use cases that enable an organization to concentrate on what is really going on. It provides a tool with sufficient scope for meaningful change without falling into strategic paralysis. This is one idea that make the book worth the read.Overall, a recommended read for leaders and organizations facing change where traditional strategy or digital transformation tools do not seem right.StrengthsSpecific tools related to most chapters, give executives and leaders a specific idea on and examples of the different challenges associated with seeing and acting on inflection points.The book contains multiple tools all built around the theme of seeing and leading through inflection points. An Arena, discovery driven growth methodology and ways to assess if your company is getting recognition for its innovation are examples.Case study presentations and illustrations are central to each chapter. The case studies are thorough and complete but more importantly they are tied to the theme in the chapter. The cases enable you to learn from real world experiences and illustrations of the concepts in the book.ChallengesThis is not a book that is easy to skim. The book is a blend of new ideas, theory, tools and examples which makes for a rich experience and lots of material for study. This can also create some distraction in reading as the book moves among these different types of content. The topic demands your attention, and if you give it, the book will deliver on your investment.The case studies are comprehensive, requiring you at times to read the full chapter before you see how the case study fits into the chapter focus.Chapter Titles:1. The snow melts from the edges,2. Early warnings3. On the lookout for weak signals defining your area4. Customers, not hostages5. What must be true — creating a plane to learn fast6. Galvanizing the organization7. How innovation profession you defangs organizational antibodies8. How leaders can and must learn to see around corners9. Seeing around corners in your own life
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