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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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Ideate or Deteriorate – Why Companies Must Learn How To Be Innovative to Achieve Major Growth

Qmarkets

With the number of users on this platform reaching 100 million in 2009, this venture could be seen as a success. Launched in 2009, this app was designed to fulfil the purpose of SMS messaging on mobile phones and it quickly became very popular. These two yahoo software engineers would go on to become the founders of Whatsapp.

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How Apple created two giants

Matthew Griffin

There are, of course, a number of ways that organisations can divest these operations in a way that boosts their overall average margins. Samsung was the first company out of the blocks in 2009 and their new strategy put them firmly on a collision course with Apple.