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How to Keep Innovating in an Economic Downturn

Innov8rs

As McKinsey points out , organizations that focused on innovation even during the 2009 crisis, outperformed the market average by 30% and their growth continued to accelerate the following years as well. Of course, a lot of tough decisions were also made as they had to restructure the organization from the ground up.

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InnovationOps: the Next Evolution of Innovation Management

Innov8rs

He advises executives on how to be more successful in innovation and execution of strategies such as sustainability. Those units aren’t aligned nor working together to deliver upon the strategies, and there’s limited governance of the processes from start to finish and hardly any suitable tools to manage those processes.

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10 Years of Brainzooming to Help You Create Amazing Possibilities

BrainZooming

On November 2, 2009, we launched Brainzooming as a new company helping organizations across industries imagine and implement strategy, branding, and innovation initiatives. Because when you allow people to positively shape the organization’s strategy and results, they’re empowered. It is certainly obvious now.

eBook 40
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100%Open Past and Future

100%Open

Interesting – as one of those challenger strategies that would never really rock the boat. Of course, proprietary innovation is the lifeblood of large companies. Equally interesting was the move towards open banking itself, often in collaboration with the regulators which is reassuring from a user perspective too.

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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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33 Routes to Open Innovation

Open Innovation EU

In the course of time, the terminology surrounding Open Innovation has evolved alongside developments in management literature and practises. Of course, also other frameworks could be used to do so, but this seemed like a solid approach. Route 4: Collaborative Innovation. ” ( Chesbrough, 2003 ). Route 2: Co-patenting.

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How ITONICS’ customers practice trend and technology management

ITONICS

ITONICS identified this gap already back in 2009 and became the digitizer in innovation management. Durst: In the field of trend and technology management, the outcome is a collaborative platform based on ITONICS Radar. All ITONICS products can be used individually and of course also in combination with each other.

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