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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.

How To 105
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Choosing the right strategy handling uncertainty

Innovation 360 Group

It’s incremental and involves so-called spiral staircase leadership (Table A). In H2, the strategy is not to understand and respond to the market, but instead to understand needs and use technology in new ways. It’s essential here to sharpen the future possibilities with external knowledge-sharing, open innovation, and co-creation.

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Choosing the right strategy handling uncertainty

Innovation 360

It’s incremental and involves so-called spiral staircase leadership (Table A). In H2, the strategy is not to understand and respond to the market, but instead to understand needs and use technology in new ways. It’s essential here to sharpen the future possibilities with external knowledge-sharing, open innovation, and co-creation.

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

Innovation 360 Group

A fter collecting and studying innovation data from over 1,000 companies in 62 countries, I’m often asked whether Small and Midsize Enterprises (SME) are more innovative and entrepreneurial than larger corporations. In times when the market dynamics, technology development, and diffusion are faster than ever, it is a natural question.

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

Innovation 360

A fter collecting and studying innovation data from over 1,000 companies in 62 countries, I’m often asked whether Small and Midsize Enterprises (SME) are more innovative and entrepreneurial than larger corporations. In times when the market dynamics, technology development, and diffusion are faster than ever, it is a natural question.

Company 40
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How China Creates the Strongest Innovation System

The BMI Lab Blog

(This is the first in a series of two articles about innovation in China, where we share the insights gained from the research trip we made to China with some of BMI Lab’s clients in August 2017). Massive investments, a huge market and the hiring of worldwide talent has boosted the Chinese innovative ecosystem.

System 58
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The Ambidextrous Organization

Open Innovation EU

Creating opportunities: a design-oriented approach to innovation; Seizing opportunities: a business-oriented approach to innovation; Capabilities for a sophisticated innovation strategy. John Bessant and Joe Tidd created a model for developing and testing innovation capabilities in their 2009 work Managing Innovation.