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The Importance of Prioritizing Employee Well-Being and Psychological Safety

Business and Tech

Well-being isn’t just a perk, it’s a competitive advantage. My turning point came in 2007, when I collapsed from exhaustion and broke my cheekbone. Turning culture into a competitive advantage is a pretty complicated topic. What was the turning point that made you realize your workplace burnout was beyond the point of comfort?

Culture 246
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How to Spot Your Innovation Blind Spot

Phil McKinney

Be curious and invest in learning about new industries, trends, and technologies. Encourage collaboration and open discussions, where every voice is heard and every idea is given due consideration. By recognizing their blind spots and investing in innovations that others overlooked, Apple gained a significant competitive advantage.

How To 82
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How to Keep Innovating in an Economic Downturn

Innov8rs

Competitive Advantage In all circumstances, leaders will and should have strategic priorities on top of their minds. Usually, you need innovation for that, which means that you either adapt to current challenges or lag behind the competition. Why shouldn’t you just give up on innovation when times are tough?

How To 105
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Business Model Innovation Basics Series - Part 2: Why Business Model Innovation Matters

The BMI Lab Blog

Learnings from sports competitions Competition in business is similar to sports competitions – there are winners and losers. It also explains why prominent firms, which have been known for their innovative products for years, suddenly lose their competitive advantage?

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

Qmarkets

However, by developing an innovation strategy that anticipates a downturn, you can help your enterprise weather the storm and even uncover lucrative ways to gain a competitive edge. If you’re innovating to develop new products or services for a hyper-competitive marketplace, it’s vital that they perfectly align with customer needs.

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What you need to know about India Innovation Growth Programme 2.0

hackerearth

Initially set up by Lockheed Martin Corporation, Industry Chamber FICCI and the IC 2 Institute at the University of Texas, Austin in 2007, IIGP has continued to nurture brilliant ideas and concepts from innovators across the country in the ten years since. Established by the Department of Science and Technology (Government of India), IIGP 2.0

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Adapt or die: lessons from 5 companies that failed to innovate

Idea Drop

Although Kodak had early access to the first digital camera technology, they chose not to develop it as they felt it would kill their own film business. In 2007 a small-time, ailing Netflix actually thought they were going to be acquired by the Blockbusters giant, but they decided they didn’t want to. They filed for bankruptcy in 2012.

Company 68