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6 Ways Technology Can Help Companies Innovate Out of the Coronavirus Downturn

Strategy Driven

In my book, “The Innovation Ultimatum: How Six Strategic Technologies Will Reshape Every Business in the 2020s,” I outline the technologies that will drive unprecedented innovation into products and services in the 2020s, creating entirely new business models. Better supply chains. Blockchain.

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Lessons from Amazonian Culture and Ecology for Talent Management

Mills Scofield

Their business model is unique and there are so many lessons for our businesses and organizations from their story. I studied indigenous Amazonian languages and Ethnobotany in college and managed to avoid taking any math, science or business courses (yes, I went to Brown University).

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How Dumb Is Your Business?

N2Growth Blog

Talent is clearly a plus as long as it is a value add and not a business requirement. If your company’s long-term business plan requires the acquisition, or retention of the uber employee then your business not only has a risk management issue, but it is likely not scalable.

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Who’s Managing Your Company’s Network Effects?

Harvard Business Review

Network effects are the not-so-secret sauce profitably flavoring Amazon’s recommendation engines and Apple’s App Store. But managing network effects as technology byproducts is a bit like treating cars as extensions of internal combustion engines; technically accurate, yes, but missing the larger purposes and points.

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The Fight Over Tesla Shows How Little Value Dealerships Add

Harvard Business Review

Car dealers and more generally intermediaries represent an extra layer of companies in the supply chain that clearly increases costs to customers. But in many cases they also serve important functions in a supply chain and can create more value than the inefficiencies they cause.

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How Large Food Retailers Can Help Solve the Food Waste Crisis

Harvard Business Review

The Institution of Mechanical Engineers estimates that annually between a third and a half of all food produced is wasted worldwide. Letting food go to waste, then, is a frivolous use of natural resources that drives up costs, inflates food prices, and weakens the food supply chain. Partner with farmers in the supply chain.

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Instead of Optimizing Processes, Reimagine Them as Platforms

Harvard Business Review

Rethinking process optimization — visualizing processes as platforms — can transform your business model. One applications outsourcing team, for example, proposed a clever UX tweak to help optimize a global fulfillment process their company managed for its biggest client.

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