Leveraging Existing Resources for Pandemic Innovation PPT
This PPT slide, part of the 23-slide Innovation during COVID-19 PowerPoint presentation, outlines the concept of "Trailblazer" companies, which have effectively leveraged existing resources to tackle new challenges arising from the COVID-19 pandemic. It begins with a profile of these companies, emphasizing their innovative responses to emergent customer demands specifically linked to the pandemic. The text suggests that while the demand for certain products may be temporary, the skills and insights gained during this period can have lasting implications for future innovation.
The details section highlights that many Trailblazer firms have adapted their operations to meet the urgent needs created by the pandemic. It notes that the skills acquired through this experience can serve as a model for other organizations engaging in similar innovative efforts. This adaptability is framed as a strategic advantage that can be harnessed beyond the immediate crisis.
Examples provided illustrate how companies have pivoted their resources. One example discusses a well-known company that shifted its focus to manufacturing ventilators in response to increased global demand for medical equipment. This transition not only addressed an urgent need, but also led to the development of a more cost-effective ventilator design. Another example includes various businesses, such as distilleries and fashion brands, that repurposed their production capabilities to create hand sanitizer and masks, demonstrating a flexible approach to innovation.
The slide concludes with a call to action for organizations to identify new problems that may arise, suggesting that the ability to innovate in response to unforeseen challenges is crucial for long-term success. The overall message is clear: organizations must remain agile and ready to adapt to changing circumstances, using the lessons learned during the pandemic to inform future strategies.
This slide is part of the Innovation during COVID-19 PowerPoint presentation.
EXPLORE MORE SLIDES FROM THIS PRESENTATION
EXPLORE MORE PRESENTATIONS ON
COVID-19 Innovation Management Agile Manufacturing Innovation Purpose Production
Flevy is the world's largest knowledge base of best practices.
Leverage the Experience of Experts.
Find documents of the same caliber as those used by top-tier consulting firms, like McKinsey, BCG, Bain, Deloitte, Accenture.
Download Immediately and Use.
Our PowerPoint presentations, Excel workbooks, and Word documents are completely customizable, including rebrandable.
Save Time, Effort, and Money.
Save yourself and your employees countless hours. Use that time to work on more value-added and fulfilling activities.
