article thumbnail

The Next Supply-Chain Challenge Isn’t a Shortage — It’s Inventory Glut

Harvard Business Review

In 2009, the financial crash left manufacturers with excess inventory when consumer buying power suddenly dropped. And now, the high-tech industry is feeling the weight of a volatile market that has led to excess component inventory. Inventory challenges aren’t new. Electronics littered shelves in 2001 after the dot-com bubble burst.

Industry 133
article thumbnail

Overwhelmed, underwhelmed at the Web Summit, Lisbon

Paul Hobcraft

I am taking the opportunity to review the Web Summit, held in Lisbon last week of 5th (evening) to 8th November 2018. The Web Summit, originally Dublin Web Summit, is a technology conference held annually since 2009. The company was founded by Paddy Cosgrave, David Kelly, and Daire Hickey. Overhype is an understatement.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Keep Innovating in an Economic Downturn

Innov8rs

As McKinsey points out , organizations that focused on innovation even during the 2009 crisis, outperformed the market average by 30% and their growth continued to accelerate the following years as well. So, you need to review and fine-tune the existing innovation strategy to match the new priorities.

How To 105
article thumbnail

Innovation & Strategy Conference: Driving Home Disruption

Yet2

Karen Madden , VP Technology and Innovation of PerkinElmer, provided first-hand experience and advice on how big corporations can drive impact by cooperating with startups: “It’s not an option anymore, if you don’t team up with the disruptive, you’re going to get disrupted.” All companies have a mix of internal and external innovation.

article thumbnail

How best to use innovation to fight corruption: 2 Case Studies

Idea to Value

Some initiatives like the Whistleblowing Helpline in South Africa and TRIMS app in Nigeria (to map transport blockades asking for bribes) are already having an effect, and using technology with a centralised database allows people to quickly report and track offenses. Case Study 1: Afghanistan Police being paid to their mobile phone.

article thumbnail

A whole-health approach to skin care: Could hormones explain your skin issues?

Christensen Institute

Does the offering have a technology that enables it to improve and capture a larger market over time? Veracity is currently the only hormone-based skin care solution on the market, enabled by its testing technology combined with its database and recommendation engine.

article thumbnail

How to Boost Innovation by Recycling Existing Ideas

IdeaScale

This lightweight, technologically proficient reinvention of existing MP3 players was an global phenomenon that has since sold more than 400 million units since 2001. Similar innovation strategies can be noted within all fields of industry; from the technology sector to the entertainment industry. ” The end result was a 6.5