Success and complacency often go hand in hand, and unless business owners and managers make a conscious effort to look into the future, their existing business model may eventually put them out of business.

In the business world, there are many examples of businesses that saw the writing on the wall, but failed to take the required action before it was too late for them to reinvent themselves.

This excellent article, identifies several of these businesses, and it offers two key suggestions for placing your business ahead of the business model curve.

See on blogs.hbr.org