The first thing I learned when I joined my first business was covered in orientation with leadership: every product or business unit is a sigmoid, and to mainta

The first thing I learned when I joined my first business was covered in orientation with leadership: every product or business unit is a sigmoid, and to maintain growth you must add new products or business units without spending too much to do so. Then the overall company profit can grow linearly or whatever by being a sum of sigmoid functions that spawn over time. Good leadership knows when the flattening will happen and pivots. This is called "innovation". That really stuck with me as a mental model.