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When tough times are ahead, you should double down on innovation

Idea to Value

Downturns are prime territory for disruption. But, more importantly for us, economic downturns are always a great time for disruptive innovation. Disruptive innovation usually starts from the low-end of the of market , which means that these innovators are uniquely positioned for tough times.

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The New Game Or Is It? Asset Orchestration

Paul Hobcraft

They might be operating at the two ends of the current internet trading spectrum and are coming from different market maturity positions but it is the asset management that is becoming critical for delivering the profit or dragging performance. I quote “I’d say Amazon are “ asset heavy ” whereas Alibaba remains “asset light”.

Resources 157
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How to Keep Innovating in an Economic Downturn

Innov8rs

Competitive Advantage In all circumstances, leaders will and should have strategic priorities on top of their minds. Usually, you need innovation for that, which means that you either adapt to current challenges or lag behind the competition. Why shouldn’t you just give up on innovation when times are tough?

How To 105
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PLAYING IT SAFE IS THE MOST DANGEROUS THING YOU CAN DO

Innovation 360 Group

When disruption came for the taxi industry, the music industry, the retail industry, and others, there were usually four flashing lights that just about anyone could see. One , these companies operated in highly regulated markets. When disruption is barreling down on you, the worst place to stand is the middle of the road.

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7 Things Every CEO Should Know About Their Patents

Anaqua

Even in the most extreme cases where there is a perfect intersection of data, analytics, valuable metrics, and huge incentives to utilize and optimize, we see both surprising catastrophic failures, and stunning opportunites in markets. Do we understand the value of our IP and how it drives our Profit and Loss Statement (P&L)?

Roadmap 40
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Covering Innovation My Way

Paul Hobcraft

I have two established businesses, one started in 2000 and one in 2008. I thought I’d outline the six here in this post as the sum of the parts that contributes to the whole. They are distinct in what they provide as services. It covers many of the adjacency’s on innovation. Its areas of focus: [link]. Guide4innovating.

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Innovation Strategy – Pat McGauley and a New Beer in Town

BrainZooming

The Kansas City American Marketing Association monthly lunch addressed that question. On a market segmentation chart, Pat was making the point that there are multiple ways to grow from innovation. ” Pat credited InBev (which merged with Anheuser-Busch in 2008) with introducing the idea of renovation to the organization.