Strategic Inflection Points. Key Changes in Marketing Practice and their Implications for the Automobile Industry
The University of Auckland, New Zealand
Andrew Groves, cofounder of Intel Corporation, recently coined the term strategic inflection points to: 'represent what happens to a business when a major change takes place in its competitive environment A strategic inflection point causes you to make a fundamental change in business strategy' (Puffer 1999, p. 16). Groves said that a major challenge is to identify what is a strategic inflection point from all the other changes that impact on a business.