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How To Manage Yourself Out Of A New Great Recession in 2023

helloFUTURE

In 2008, the world experienced a severe financial crisis. … The post How To Manage Yourself Out Of A New Great Recession in 2023 appeared first on IDEATE + EXECUTE. The crisis began in the United States, where a housing market bubble burst, causing home prices to plummet and many homeowners to default on their mortgages.

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

Qmarkets

However, by developing an innovation strategy that anticipates a downturn, you can help your enterprise weather the storm and even uncover lucrative ways to gain a competitive edge. It’s estimated that a loss of more than $2 trillion in world-wide economic growth occurred between the second quarter of 2008 and the first quarter of 2009.

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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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Startup Entrepreneurs and COVID-19: a Real Challenge

InnovationManagement

The coronavirus pandemic is turning out to be an international economic crisis, with ramifications for all industries and markets, similar to the crisis of 2008. A cross-border economic crisis affects companies large and small, trying an organization's management and its employees.

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How to Keep Innovating During an Economic Crisis

Innov8rs

Innov8rs | During an economic crisis, funding dries up, and innovation tanks. At the same time, a crisis presents organizations with unique conditions for innovation. As long as innovation teams have a strategic approach to solving old problems with new solutions, organizations can expect to not only survive but also thrive.

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It takes 23 minutes to regain focus after a distraction: Task Switching

Idea to Value

Some of the most famous research on the subject comes from 2008, where researchers followed workers and timed all of their activities, especially every time they changed what they were working on. The researchers found that most of the time, workers managed to get back on track and complete their task on the same day.

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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. Innovators are forced to give up on initiatives, projects, and resources. So, without further ado, let’s get to it.

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