COVID-19

How Disruptive Innovation is changing the face of new business strategies?

In the current uncertain times, many companies face the test of redefining their strategy in a short time frame, not even weeks but days. This redefinition had become the only solution to economic pressure and the way the consumer has started to think. Getting a better understanding of disruptive innovation will help you define your new strategy of becoming a disrupter or avoiding being disrupted or better scanning different opportunities and path your way to what’s next. Not easy to answer, how to put together technology, customer value and experience, new business models and value chain models, and an out

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7 ways the face of retailing is changing during COVID-19 times

We keep talking about being customer-centric, and retail is where the rubber hits the road, as it used to be the place where products meet real customers. This highly fragmented industry represented in 2019 more than $26 trillion worldwide sales. If we go back 200 years, all retail was a small “mom-and-pop store” business. Their “Good Morning Madame Smith” business model was based on customer intimacy. The merchants knew their customers by name, made recommendations on what they might want to buy, and extended credit. Then, at the beginning of the 19th century, a new business model was introduced by department stores

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ripple effects covid19

10 ripple effects of COVID-19, you should keep an eye on in 2020

The shock from Covid-19’s high-speed spread had brought not only a health crisis but also an economic emergency that may roll into one of the largest recessions our generation has faced. This has and will further cause major disruption in what we called “everyday life” as more than 3,5 million people have tested positive around the globe. Many studies suggest that even after the lockdown ends, the social distancing measure may become the standard way of life at least in the year 2020. At present, it is difficult to foresee when this situation will end. For sure, a lot of

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10 key strategies to help entrepreneurs fight through the COVID-19 crisis

Just a few days into the lockdown, I got a call from Sophie, she was furious and frustrated as she has been working for the last year to develop a wonderful “atelier” to share her passion for handcrafts. Her place was just launched in January, but after less than 1 month of operations, everything was suddenly stopped. On another side, there was a touch of mixed feelings as she was also thankful to be safe at home with her family in these uncertain times. During the first two weeks of the lockdown, Sophie was dumbstruck, as a solo entrepreneur she

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