The current state of things or existing state.
Finding new opportunities in new markets that can be turned into innovations for the company.
Decentralized: A structure where operations are dispersed from a central authority, promoting autonomy at individual or local levels.
Followership is the strategy of following the first mover into a new industry. It can have advantages such as existing infrastructure and customer base, but also carries risks such as greater competition and slower product innovation.
Today's business focus is often on short-term goals and efficiency, creating a "tyranny of today" that hinders innovative thinking. Companies must balance this with a focus on future opportunities to stay nimble and flexible.
