What is operational flexibility?
It's a company's ability to adjust how it works, charges, or delivers without the operation falling apart. It rests on clear processes, connected systems, data within reach, a team that learns, and small, frequent decisions.
Why did Blockbuster go bankrupt?
It filed for bankruptcy in September 2010 with about 3,300 U.S. stores still open. Late fees were a key revenue stream (16% in 2000), and when Netflix offered subscriptions with no late fees, its model couldn't adapt in time.
What can we learn from Kodak?
That seeing the change isn't enough. Kodak invented the first digital camera in 1975 (its engineer Steven Sasson built it), but the company didn't embrace digital fast enough and filed for bankruptcy in 2012.
Does my business need to buy AI tools to keep up?
That's not the first question. First, find out whether your operation can change course without breaking. A new tool on top of rigid processes delivers little.
How do I start making my operation more flexible?
Identify what would break first if you had to change, what depends on a single person or tool, and how long it takes to know if a change worked. Then try one small adjustment, measure it, and repeat.