Innovation during COVID-19 (PowerPoint PPTX)

DESCRIPTION

Organizations have reacted to the COVID-19 pandemic in their own ways. Almost all had to change the way they were operating in order to cope with the challenges thrown up by the crisis.

Although shattering disruption has been the hallmark of the COVID-19 pandemic, some remarkable Innovations have also taken place. Some Innovations may be a passing fad—specifically for the pandemic—and others may serve the organizations and their customers even after the pandemic is over.

Which Innovations will last and which should be abandoned is a decision not to be taken lightly.

Categorization of such Innovations has been made possible as a result of research, which divides Innovations during the pandemic into the following 4 categories:

1. Adaptors
2. Trailblazers
3. Optimizers
4. Trendsetters

This framework also discusses the 2 types of Innovation processes that are the basis for these categorizations and a 3-phase approach for selection of Innovation process.

The slide deck also includes some slide templates for you to use in your own business presentations.

This comprehensive guide delves into the profound impact of COVID-19 on various sectors, including consumer behavior, supply chains, and organizational operating models. It provides a detailed analysis of the severity and duration of the economic impact, incorporating key factors such as GDP forecasts, pandemic evolution, and economic policy. The PPT emphasizes the importance of an organization's strategic response, highlighting the need to consider cash position, competitive stance, and industry attractiveness.

The presentation also explores the novel innovations that emerged during the pandemic, offering insights into how businesses can sustain these imaginative changes for future growth. Companies have discovered new ways to market, serve, and function,, but the document cautions that some innovations may be reactive responses to extraordinary circumstances. This guide is essential for leaders looking to navigate the post-pandemic landscape, providing a framework to evaluate which innovations will continue to add value and which may need to be rethought.

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Source: Best Practices in Innovation, Coronavirus PowerPoint Slides: Innovation during COVID-19 PowerPoint (PPTX) Presentation, LearnPPT Consulting