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How to Keep Innovating During an Economic Crisis

Innov8rs

Embrace a different mindset about those obstacles, and think about the situation in three ways: Acknowledge reality: Accept that everyone is struggling, even the major tech companies and big banks. Review your company's innovation practices, reassess your approach, and build capacity for the future.

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Business Model Innovation Basics Series - Part 1: What is a Business Model?

The BMI Lab Blog

However, very few managers are able to explain their company’s business model ad-hoc, and even fewer can define what a business model actually is in general. 2008), or, more simply, the value proposition (Teece 2010). The number of companies, which have established dedicated business model innovation units and processes is even lower.

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

Qmarkets

job losses skyrocketed during the peak recession years 2008-2010 Given the devastating impact of the 2007-08 financial crisis, it’s little wonder that companies worldwide are sensitive to omens of a new “great recession”. During the 2008 financial meltdown, the coffee shop giant launched its “My Starbucks Idea” platform.

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The Travel & Hospitality Industry is Being Disrupted, Again.

Leapfrogging

Each month I’m tapping into the industry expertise and experience of one of Plug and Play’s 15 industry verticals to highlight the disruptive trends, technologies and companies shaping the future. The “travel-tech” sector has attracted over $19B+ since 2008. The “travel-tech” sector has attracted over $19B+ since 2008.

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Top 10 yet2 Blog Posts of 2018

Yet2

Our team wrote a number of widely read blog posts in 2018, spanning the topics of artificial intelligence (AI) and machine learning, adjacency in tech scouting, startups and their comparative value proposition, anonymous searches in tech scouting and more. Tech Scouting Blog Posts. Here’s a recap of those blog posts.

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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. For example, Delta Air Lines, one of the leading airlines, managed to get back to their leading position even after bankruptcy.

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Water4: market-creating innovation at the heart of Sierra Leone

Christensen Institute

About two billion people globally lack safely-managed water services, four billion don’t have access to safely managed sanitation systems, and three billion lack basic hand-washing facilities, according to the WHO/UNICEF Joint Monitoring Programme. million people since 2008. Sourcing raw materials from local partners.