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The Next Supply-Chain Challenge Isn’t a Shortage — It’s Inventory Glut

Harvard Business Review

In 2009, the financial crash left manufacturers with excess inventory when consumer buying power suddenly dropped. And now, the high-tech industry is feeling the weight of a volatile market that has led to excess component inventory. Inventory challenges aren’t new.

Industry 129
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Overwhelmed, underwhelmed at the Web Summit, Lisbon

Paul Hobcraft

I am taking the opportunity to review the Web Summit, held in Lisbon last week of 5th (evening) to 8th November 2018. The Web Summit, originally Dublin Web Summit, is a technology conference held annually since 2009. The company was founded by Paddy Cosgrave, David Kelly, and Daire Hickey. Overhype is an understatement.

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How to Keep Innovating in an Economic Downturn

Innov8rs

This dichotomy delivered by the financial pressure is unfortunately pushing many leaders and top managers towards suboptimal decisions that tend to focus more on survival and not enough on investing in the future. For example, Delta Air Lines, one of the leading airlines, managed to get back to their leading position even after bankruptcy.

How To 105
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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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How To Lead Through Crisis

Innovation Excellence

By that time, the financial crisis was going full throttle, although things had been relatively calm in our market. In many ways, our business never really recovered, but the lessons I learned while managing through it will last a lifetime. Look For Dead Sea Markets. Those illusions were soon shattered. In their 2005 book, W.

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What is idea management and why is it important for any business

hackerearth

What is idea management? Top management world over is now running helter-skelter demanding innovation. Another definition hinting at its pivotal role in innovation is this: “Idea management is facilitating the flow from idea generation to idea conversion in the innovation value chain” (Hansen & Birkinshaw, 2007).

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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