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How to Keep Innovating in an Economic Downturn

Innov8rs

In this context, innovators wonder how to get ideas across, how to continue projects, what back-up solutions to find and how to keep innovation afloat. They successfully emerged from the crisis in 2007 through a series of bold decisions from leaders who embraced innovative thinking. Sometimes there is no way around it.

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How Should Your Business Find the Next Big Thing?

IdeaScale

Disruptive or incremental innovation? The former is disruptive innovation and although rare, it can happen, while the latter is incremental innovation. And how do you balance the two to find the next big thing in your industry? Disruptive Innovation. The first is that there’s no disruptive innovation without it.

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How to Take Meaning from a Black Swan Event

The Inovo Group

Normally, Inovo’s subscribers turn to us to understand strategic innovation – how to create growth and manage uncertainty. Today, there is a surfeit of uncertainty – but it centers on how to provide for the welfare of employees, their families, and other at-risk people in our communities. The Black Swan (2007).

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How to spot the next big thing

hackerearth

In 2007, a Wall Street Journal article titled “ Together We Innovate ” stressed the importance of working together in an organization to encourage new ideas irrespective of hierarchy and rank. They represented diversity of thought, disruption, and distraction. Transform the workplace into an innovation laboratory. Source: Econsultancy.

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

Qmarkets

Read on to discover how you can transform a recession into a rejuvenation. job losses skyrocketed during the peak recession years 2008-2010 Given the devastating impact of the 2007-08 financial crisis, it’s little wonder that companies worldwide are sensitive to omens of a new “great recession”. portfolio scouting campaigns , etc. –

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Is It Possible for Companies to Over-Innovate?

IdeaScale

How To Over-Innovate. Motorola’s RAZR and RIM’s BlackBerry were cutting-edge until 2007 when the iPhone arrived and made both of them utterly irrelevant in the time it took to explain what an “iPhone” even was. Look at what’s being talked about in your industry and be ready for disruptive shifts.

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COVID-19: Business R&D Spending Will Fall by at Least 5-6%

Commodore Innovation

As individuals we are grappling with the fear, disruption and uncertainty brought about by COVID-19. Innovation teams are not, of course, immune to this disruption. Great Recession (late-2007 to mid-2009): R&D spending didn’t decline until 2009 (by 5.2%), but the decline continued into 2010 (0.4%).

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