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Recession, Survival and Innovation

Destination Innovation

In times of severe recession should you cut costs and focus on survival or take the opportunity to invest in innovation so that you can benefit from the eventual recovery? If the cash dries up and you cannot pay the rent then a pipeline of great innovative products and services is of little help. Habits change.

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What you can learn from history about innovating during a crisis

Board of Innovation

The companies that grew the most during the 2008 financial crisis were those that invested in innovation. The post What you can learn from history about innovating during a crisis appeared first on Board of Innovation. Here are some of our suggestions for your strategy based on information from previous crises.

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Eight Companies that Switched What They Did

Destination Innovation

From 1998 to 2008 it was the world’s largest supplier of mobile phones and smartphones but fell behind Apple and Samsung. In 2008 Mars Inc. The post Eight Companies that Switched What They Did appeared first on Destination Innovation. It became a manufacturer of rubber boots and cables before specialising in electronics.

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Baader-Meinhoff Phenomenon: Why we see things everywhere once we see them once

Idea to Value

The Baader-Meinhoff group had existed in the 1970s, and there was even a popular German book (1985) and film (2008) about them, but they were not as well known outside the country. When it comes to innovation and creativity, we need to be careful when looking at trends and getting feedback from the market.

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Creating 21st Century Transformational Learning

Innovation Excellence

GUEST POST from Janet Sernack I was privileged to attend one of the first Theory U; Presencing Leadership for Profound Innovation and Change Workshops presented by the Sloane School of Management, in Boston in 2008. This means that I have … Continue reading →

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Innovate and Persuade with a Well-Judged Nudge

Destination Innovation

The concept was popularised in the influential book, Nudge, by economists, Cass Sunstein and Richard Thaler, published in 2008. The post Innovate and Persuade with a Well-Judged Nudge appeared first on Destination Innovation. Showing peer reviews e.g. for companies, products, hotels or restaurants.

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Innovating in an Economic Downturn

Innovators Alliance

Four Power Moves to Turn Economic Downturns into Innovation Uptrends During an economic downturn, it’s hard to think outside the bucks – let alone the box. As a result, we focus internally, at the expense of forward-looking innovation. And its iPad was introduced during the 2008 downturn.