Remove 2007 Remove Culture Remove Innovation Processes Remove Underperforming Technical Team
article thumbnail

Innovate, Adapt, Overcome: How to Beat a Recession with Idea Management & Continuous Improvement

Qmarkets

However, by developing an innovation strategy that anticipates a downturn, you can help your enterprise weather the storm and even uncover lucrative ways to gain a competitive edge. Establishing a culture that encourages innovation, and rewards intrapreneurship, is a powerful way to counteract this effect.

article thumbnail

11 Paradoxes of Entrepreneurial Thinking: why entrepreneurship can hardly be taught

Open Innovation EU

Therefore, entrepreneurs should not learn from large corporations’ best cases on (innovation) management, but learn entrepreneurial thinking in a more Schumpeterian way. Entrepreneurial thinking is described as having an entrepreneurial expert mindset (Krueger, 2007). Krueger, 2007). Entrepreneurial thinking.

article thumbnail

Get Real About Your Company’s Future

The Inovo Group

Innovative approaches are filling this gap and proving their value to companies that adopt them. When Apple introduced the iPhone in 2007, Research in Motion (RIM) was a major player in a worldwide market that sold about one billion cell phones annually (the term “smartphone” was new). Would that company invest in R&D?