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

Qmarkets

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. While the jury is still out on whether 2020 will be a recession year, it’s guaranteed to bring plenty of challenges for large organizations across every industry.

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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. You might have guessed that it depends on the industry, market, and specifics of the organization.

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How to Boost Innovation by Recycling Existing Ideas

IdeaScale

For the hardware: A thousand songs in your pocket ; for the software: so easy that your Mother could do it ; and for the project: and on the shelves in eight months ! Similar innovation strategies can be noted within all fields of industry; from the technology sector to the entertainment industry.

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Surviving change: how law firms can innovate

Wazoku

Surprisingly, in the aftermath of the global financial crisis in December 2009, there were nearly 112,600 practising solicitors, a figure that climbed to nearly 135,000 as of April this year. Some say that in 10 years time one robot lawyer will deal with the tedious task of reviewing documents that is traditionally done by 10 associates.

Change 40
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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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Surviving change: how law firms can innovate

Wazoku

Surprisingly, in the aftermath of the global financial crisis in December 2009, there were nearly 112,600 practising solicitors, a figure that climbed to nearly 135,000 as of April this year. Some say that in 10 years time one robot lawyer will deal with the tedious task of reviewing documents that is traditionally done by 10 associates.

Change 40
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Innovation from the Innovation Nation – Israel

Qmarkets

Most of the time, the people I meet are unsurprised to discover that Qmarkets is based in Israel, however every now and then I will encounter a person or business who is hesitant to work with a company that is located in the middle-east, due to perceived political/economical risks and sometimes even a cultural bias. An Exceptional Workforce.