In the Arctic, polar bears teach us how to be responsive to competitive threats.
Life isn’t always easy
Warming ocean temperatures and cyclical variations in ice floes have led to shorter and less expansive freezes which, in turn, have made it harder for polar bears to hunt.
Recently, researchers in Norway witnessed polar bears not only hunting dolphins – a food source bears had rarely considered – but burying leftovers in the snow, a behavior only typically practiced by other bear species. And earlier this winter, Canadian scientists spotted bears stealing goose eggs to supplement an increasingly spartan diet.
Time to ice the competition
How responsive is your business model to economic and competitive threats? Can you adapt?