Abstract:  Inventions that aren't commercialized remain inventions, not innovations. Companies such as Apple are organized internally to repeatedly produce innovations in the core business as well as in new businesses. Such companies make sure that their innovations matter and their products are really valued by the customers. This ...

Abstract: During global economic downturns, senior executives take many measures to reduce costs especially in their research-and-development budgets. However, such measures delay promising projects as well as adversely affect morale. This article’s main conclusion is that companies should take a more innovative and strategic approach to ...

Abstract: This article articulates the proposition that innovation is about problem solving, understanding how to ask the right questions, and seeing patterns before facts. All these aspects of innovation help companies develop the right product or service for their customers. This article’s main conclusion is that all the employees in a ...

Abstract: This article describes how global companies have adopted a new process called knowledge brokering in which executives are actively seeking out external ideas from people in a variety of industries and disciplines to improve their core business processes and develop better solutions to their organizational problems. Based on a ...

Abstract: The article describes how the wealthy nations of the world with low birthrates and graying workforces are finding it difficult to compete with emerging markets with much larger and younger working populations. This had made it imperative and compelling for the wealthy nations to take up the productivity challenge to produce more and ...

Abstract: Globalization and digital technology have combined to create a vast, complex information network grid which has helped innovative businesses as well as newcomers such as Skype to grow multifold. This had made every company a global company where business transactions are made to customers around the world via sales platforms such as ...

Abstract: This article describes that many high tech products such as fabless chips, LCD for monitors, TVs, handheld devices like mobile phones, power semiconductors for solar panels are no longer produced in United States because the industrial commons required for the manufacturing of these products have been lost through outsourcing for ...

Abstract: Many U.S multinational companies have been forced to revise their R&D budgets because of weak sales and the pressure to stay ahead from their global low-cost competitive rivals in Asia and Latin America. The article concludes that some of these companies have adopted a new approach of “ecosystem investing” in which large ...

Abstract: This article concludes that well-timed innovations in a downturn can still create growth businesses. The article highlights three areas of change which can help companies succeed during the downturn.   • Be open to opportunities that lie outside the core business.   • Explore partnerships options.   • ...

Abstract: Executives of the world are evenly split on the question as to whether the global recovery will build or lapse into another recession.The article concludes that the credit markets can provide a concise indicator that a recession is on the horizon. The article’s conclusion is that economists with the tenacity and the ...