Andy Grove, the talented and legendary Intel leader, defined the term, “Strategic Inflection Points.”  All leaders must embrace his recommendation to pay keen attention to such times in a company’s life.  React too late, and your business will not catch up. In his words, strategic inflection points capture “what happens to a business when a significant change takes place in its competitive environment.  A major change due to introduction of new technologies.  A major change due to the introduction of a different regulatory environment.  The major change can be simply a change in the customers’ values, a change in what customers prefer.  Almost always, it hits the corporation in such a way that those of us in senior management are among the last ones to notice.  What is common to all of them and what is key is that they require a fundamental…