As of today, I have a new favourite word to add to my list of many, that word is--- “Paradigm”.
According to the dictionary definition by thefreedictionary.com its meaning is as follows:
1. One that serves as a pattern or model.
2. A set or list of all the inflectional forms of a word or of one of its grammatical categories: the paradigm of an irregular verb.
3. A set of assumptions, concepts, values, and practices that constitutes a way of viewing reality for the community that shares them, especially in an intellectual discipline.
Why “paradigm”? The word has been highlighted in my vocabulary by Mr Bill Gates, who uses this word when describing changing markets (or patterns/models), in the technology world. It’s a tool that Gates uses to search for “The next paradigm shift” or the next evolution in the market or technology – and by asking himself this question, is able to get ahead of the game and already have a pre-planned strategy for the next future goal or objective.
Ask yourself today, where your next paradigm shift is coming from in your industry and get yourself ahead of the game.
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