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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. As we saw in 2019 , the business landscape is sufficiently volatile and disruptive even when the market is relatively stable.

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Building a Culture of Innovation

Fehmida Kapadia

We can take these pages from history and implement those lessons to build ecosystems of innovation and creativity. In his book Imagine How Creativity Works , John Lehrer has researched and documented these historical examples that created environments of innovation and creativity. Picasso Children create with abandon.

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When innovation led to a reversal of fortunes

hackerearth

(Read WSJ ’s “Is a Peanut-Butter Pop-Tart an Innovation?” There are plenty of expert definitions of innovation out there. Companies are leaving no stone unturned in their attempts to drive innovation, be it radical, incremental, or breakthrough. The climb has been quite an uphill task for the iconic toy designer.