KP#22 Seize the Opportunity

Seizing an opportunity has a pre-requisite practice of KP#21 Be Watchful. Once you detect and confirmed a structural change, you need to act quickly. Your ability to act quickly depends on your agility, readiness, responsiveness and risk management. Most people are not ready to act - the inertia to change is too high or there is a lack of resources (no reserves), or lack of mobile resources.

Responsiveness does not means "recklessness". One needs to have Risk Management. Risk Management is not about not taking risks but taking calculated risks and determine how much risk you can take without jeopardizing your core business success.

The details are in the mind map.


Next: Create the Trend