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How to Keep Innovating in an Economic Downturn

Innov8rs

Innovators are forced to give up on initiatives, projects, and resources. In this context, innovators wonder how to get ideas across, how to continue projects, what back-up solutions to find and how to keep innovation afloat. The long-horizon projects are the first to go and this leads to an unbalanced innovation portfolio.

How To 105
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Innovate, Adapt, Overcome: How to Beat a Recession with Idea Management & Continuous Improvement

Qmarkets

job losses skyrocketed during the peak recession years 2008-2010 Given the devastating impact of the 2007-08 financial crisis, it’s little wonder that companies worldwide are sensitive to omens of a new “great recession”. To gain that all-important edge, it’s advisable to survey the marketplace – through crowdsourcing projects, ?

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Typology for Innovative Organizations

Open Innovation EU

New generations, societal change, sustainable goals and disruptive technology require organizations to be much more flexible, self-reinventing organisms that don’t fit above-mentioned design principles. structured ambidexterity; O’Reilly & Tushman, 2008; i.e. contextual ambidexterity; Birkinshaw & Gibson, 2004).

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The enemy is already within. The flood gates are open. Can GE recover?

Paul Hobcraft

Since the crisis of 2008, GE has been struggling to fully regain its position but all its actions were regarded very highly as “making good progress” as it maintained a relentless momentum of shedding and acquiring operations, as well as pursuing a buying back of its shares, and paying out the beloved GE dividend.

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Applying AI and Machine Learning to Patent Data Analysis

Yet2

For example, patent landscapes created with the assistance of text clustering methods were already commonly available before 2008. Patent search, patent review, and many other type of patent work are being changed by modern AI technology. We update this model regularly with new data.

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Water4: market-creating innovation at the heart of Sierra Leone

Christensen Institute

Estimates suggest that $260 billion is lost globally each year due to lack of basic water and sanitation. . As a result, many water projects fail. . million people since 2008. So far, Water4 in Sierra Leone has had the following impact: Created 36 jobs with 51 active water projects as of 2016.

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What a recent HBR article gets wrong (and right) about innovation metrics

Commodore Innovation

Christensen and colleagues 1 called them “innovation killers” in a 2008 HBR article and earlier work 2 highlights similar issues. Until the point at which you can estimate outcomes, the shared basis of judgment for a given project or portfolio should be the learning generated. Financial metrics (e.g.,