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How to Keep Innovating in an Economic Downturn

Innov8rs

Previous recessions showed that companies that invested in innovation through crisis outperformed their peers. 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.

How To 105
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Choosing the right strategy handling uncertainty

Innovation 360 Group

Platform and design thinking, prototyping, ideation, project selection, and speed are imperative capabilities. It’s also here you find a lot of brave innovations driven by high ambitions and technology (decoding the Enigma, going to the moon, and developing tanks). processes) and externally (e.g. value propositions).

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Choosing the right strategy handling uncertainty

Innovation 360

Platform and design thinking, prototyping, ideation, project selection, and speed are imperative capabilities. It’s also here you find a lot of brave innovations driven by high ambitions and technology (decoding the Enigma, going to the moon, and developing tanks). processes) and externally (e.g. value propositions).

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Organizing for Simultaneous Innovation Capability – key findings from +1,000 companies, republished from Drucker Forum 2016

Innovation 360 Group

All companies have a conscious or unconscious strategy, leadership, culture, capabilities, and competencies they use to improve and innovate business internally (e.g. According to Steve Coley (2009) the innovation work can be divided into three parallel Horizons , each one representing an S-Curve. value proposition).

Company 40
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Organizing for Simultaneous Innovation Capability – key findings from +1,000 companies, republished from Drucker Forum 2016

Innovation 360

All companies have a conscious or unconscious strategy, leadership, culture, capabilities, and competencies they use to improve and innovate business internally (e.g. According to Steve Coley (2009) the innovation work can be divided into three parallel Horizons , each one representing an S-Curve. value proposition).

Company 40