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Optimizing R&D Resources: Strategies for CTOs and Innovation Leaders

ITONICS

Between 2007 and 2022, corporate R&D spending grew with a CAGR of 5.2%, underscoring the importance of R&D in driving future growth and market differentiation ( Global Innovation Tracker, 2023 ). In the past decades, research and development (R&D) expenses have surged across various industries.

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Options-based Strategy: An Approach for Uncertain Times

The Inovo Group

This is the second in a series of articles about the convergence of strategy and innovation. For more information about the series, and a list of published and upcoming articles, please visit A New Era of Strategy and Innovation. Most strategies are built on specific beliefs about the future. Highlights.

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Top 3 Alternative Assets for your Business Innovation Strategy

Qmarkets

In this blog, we will share the additional ‘innovation assets’ that many companies are yet to include in their business innovation strategy. This can result in the formation of ideas for new products and strategies, which ultimately can create competitive advantage and deliver incredible ROI.

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How to create a scalable strategy in the midst of the COVID-19 crisis

mjvinnovation

Companies had to take extreme measures to adapt their processes and recalibrate their strategies. In this context, designing a strategy that keeps your business healthy and sustainable on an ongoing basis – a crisis resilient one – can be the difference between success and failure. Test it, tweak it, test it again.

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How to Keep Innovating in an Economic Downturn

Innov8rs

Additionally, an Accenture study revealed how technology leaders, companies that invested heavily in technology during the COVID-19 crisis, have been growing at a faster rate than their competitors. They successfully emerged from the crisis in 2007 through a series of bold decisions from leaders who embraced innovative thinking.

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The New Game Or Is It? Asset Orchestration

Paul Hobcraft

This includes mobilizing , offering a clear plan or vision of needed capabilities, coordinating for ways to integrate these necessary capabilities and finally, deploying to achieve a resource advantage (or gain) that promotes market opportunities and instills more entrepreneurial strategies to exploit new resource configurations. In summary.

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Innovative Businesses Prioritize Creativity

Daniel Burrus

Some have been through the Great Depression, world wars, the Great Recession of 2007–09, and now, most recently, the coronavirus pandemic and subsequent economic downturn. The Test of Time. Older organizations, especially those as old as Citibank, have been through a lot. Let’s go back to our example of Citibank, for instance.