We all remember the companies that failed to innovate: Blockbuster, Polaroid, and Toys-R-Us to name a few. One-time leaders in their industries ended up filing bankruptcy as their competitors changed business models and transformed for success. What is the dividing line between the leaders and the followers, and what is the “line-of-sight” to success? The bad news is, there is no defined set of rules, steps to follow, or standard changes that guarantee success. However, there are key components that when combined with a strategic operating model, will certainly fuel the potential for rising above the competition.