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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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The digital innovation era calls for new board leadership

Innovation 360 Group

The second strategic direction is to apply the so called three horizon model for innovation governance (McKinsey, McKinsey Quarterly report, 2009) in multiple and parallel time perspectives (figure 2). Source: Jaruzelski, Staack and Goehle, Strategy&). Figure 2, Applying the Three Horizon Model. in all three Horizons at the same time!

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The digital innovation era calls for new board leadership

Innovation 360

The second strategic direction is to apply the so called three horizon model for innovation governance (McKinsey, McKinsey Quarterly report, 2009) in multiple and parallel time perspectives (figure 2). Source: Jaruzelski, Staack and Goehle, Strategy&). Figure 2, Applying the Three Horizon Model. in all three Horizons at the same time!

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Thought Leader and Influencer Interview with Jean-Christophe Gaillard, Founder & CEO, Corix Partners

Thinkers360 - Thought Leader Interviews

As the driving force behind Corix Partners, Jean-Christophe has demonstrated visionary leadership, shaping the company into a reputable entity known for its innovative solutions and strategic insights. Thinkers360: What are your current responsibilities and what’s a typical day look like?

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How to Boost Innovation by Recycling Existing Ideas

IdeaScale

After all, the first portable MP3 players hit the market in 1998 and by 2001 there were over 50 different models available through which you could download and play music from your computer. Similar innovation strategies can be noted within all fields of industry; from the technology sector to the entertainment industry.

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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. H3 is the explorative style: needs are investigated on a deeper level and new technology is used to disrupt.

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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. H3 is the explorative style: needs are investigated on a deeper level and new technology is used to disrupt.