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How to Keep Innovating in an Economic Downturn

Innov8rs

This dichotomy delivered by the financial pressure is unfortunately pushing many leaders and top managers towards suboptimal decisions that tend to focus more on survival and not enough on investing in the future. Competitive Advantage In all circumstances, leaders will and should have strategic priorities on top of their minds.

How To 105
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Workplace Conflict: Statistics That Reveal Its Cost

CMOE

It’s possible to learn how to effectively manage conflict with training. For example, a 2008 international study by CPP Global (the publisher of the Myers-Briggs Assessment) defined conflict as “any workplace disagreement that disrupts the flow of work.” 29%: Poor leadership. 23%: Problems with line managers. Harassment.

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

Idea to Value

For example, during the 2008-09 financial crisis, most companies cut their technology budgets by 20-30%. I recently heard of a large organization that managed to save huge amounts of money simply by switching to a less expensive brand of toilet paper in all of their hundreds of locations.

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How much is innovation costing your organization?

Innovation 360 Group

Ultimately, the market evolved to support a declining price based on competitive price pressures, and that is good for everyone. Much like our discussion above regarding competitors, companies who take advantage of the “network” of customers can sometimes harvest significant competitive advantage. Penker (2008-2011).

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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. I continue to shape and evolve it as it does me.

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What is innovation management and why your organization needs it

hackerearth

Understanding Innovation Management. Once a well-defined innovation strategy that aligns with business goals is in place, the next step will entail managing it effectively. Like any business function, innovation can be managed. Innovation management programs for different companies will vary significantly.

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What is innovation management and why your organization needs it

hackerearth

Understanding Innovation Management. Once a well-defined innovation strategy that aligns with business goals is in place, the next step will entail managing it effectively. Like any business function, innovation can be managed. Innovation management programs for different companies will vary significantly.