innovating-in-an-economic-downturn Blog Related Topics 
Phil McKinney
JUNE 20, 2022
The current economic downturn may have you feeling like you need to hunker down and wait it out. Especially in innovating during an economic downturn. But this is actually the optimal time to take innovation leadership by continuing to invest in ideas […].
Idea to Value
MARCH 12, 2020
While it’s obviously smart to prepare for a potential downturn by setting priorities, focusing on the essentials and then cutting back on the rest, we’re also unfortunately seeing a number of organizations ramp down innovation until a “better time” emerges in the future. Downturns are prime territory for disruption.
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Tullio Siragusa
AUGUST 15, 2022
Many people agree that there might be a significant economic downturn in trade and activity despite having high corporate profits. In the present economic situation, when your business is surrounded by instability, pandemics, and disruption, planning to innovate business strategies or prepare for recessions is prudent and wise.
Cris Beswick
MAY 8, 2024
Innovation has often been treated as a cyclical phenomenon, eagerly embraced during prosperous times and relegated to the sidelines during economic downturns. More than 70% of senior executives regularly acknowledge that innovation will be among their companies’ top three growth drivers in the next three to five years.
Leapfrogging
OCTOBER 10, 2020
Shape it to get more innovation, even from your remote workforce. In my latest book, The Invisible Advantage: How to Create a Culture of Innovation , I define culture as “ the norms and values that shape behavior.” Innovation starts with problems. Culture is a key success factor for every team and organization.
Christensen Institute
FEBRUARY 2, 2023
As Clay Christensen outlined in The Innovator’s Solution, “Because the process of securing funding forces many potentially disruptive ideas to get shaped as sustaining innovations that target large and obvious markets, the very process of getting the money to start a venture actually sends many of them on a march towards failure.”
Leapfrogging
OCTOBER 10, 2020
Shape it to get more innovation, even from your remote workforce. In my latest book, The Invisible Advantage: How to Create a Culture of Innovation , I define culture as “ the norms and values that shape behavior.” Innovation starts with problems. Culture is a key success factor for every team and organization.
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