What is an 'strategic nflection Point' !
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Sep 05, 2016 04:41PM
An inflection point is an event that results in a significant change in the progress of a company, industry, sector, economy or geopolitical situation and can be considered a turning point after which a dramatic change, with either positive or negative results, is expected to result. Companies, industries, sectors and economies are dynamic and constantly evolving. Inflection points are more significant than the small day-to-day progress typically made, and the effects of the change are often well known and widespread.
Andy Grove, Intel's co-founder, described a strategic inflection point as "an event that changes the way we think and act." Inflection points can be a result of action taken by a company, or through actions taken by another entity, that has a direct impact on the company. Additionally, inflection points may be caused by intentional action or by unforeseen events.
Strategic Inflection Point
“eDigital is at a strategic inflection point with open-ended opportunities and I look forward to contributing to the Company’s future success,” said Mr. Packer.