Consider this: in normal times, 80% of businesses get the leftovers in the market, if anything is even left over:
➳ The 80% get only 20%
➳ 20% of businesses get 80%
➳ 4% achieve 64%
➳ And just 0.8% achieve 51%
❗ This means about 1 in every 100 businesses get HALF …
Those are the “normal” 80/20 curve effects.
That was before the now AI-enabled tipping point of major change, before COVID changed the workplace in many ways, before societal changes affected how people work over the last few years …
It may well be becoming a 95/5 ratio right now.
Meaning 95% of businesses will get just 5%, while the top 5% get 95%.
It might even become 99/1 … and those on the bottom end of the curve will have little left indeed.
Some are making comparisons to when electricity was introduced, and the impacts on both business and life (e.g., Do most people now depend on a kerosene lamp for light at home or work? Use animals or people to power machines? A washboard for cleaning clothes?).
Many businesses and industries were both destroyed and created almost overnight.
This isn’t about being an alarmist, but being a realist.
Don’t get caught in the 80% … or 95% … or 99% that get scraps.
The time for evaluation and any needed action is now, not in a year or two when others have seized the opportunity. And this is a time of opportunity.
👉 We’re here to help. If you want to explore further, you can set a time to talk (link here) or, if you prefer, contact me via LinkedIn message or email (link here)
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Whatever you do, make sure you “do” …
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