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Innovating resilience: How avoiding reducing innovation through cost-cutting can boost performance in a crisis.

Authors :
Robertson, James Andrew
Source :
Strategic Direction; 2021, Vol. 37 Issue 11, p31-32, 2p
Publication Year :
2021

Abstract

Purpose: This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design: This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings: Organizational areas which deal with innovation are often the first to see costs cut when an economic crisis emerges. Yet this can actually have a dramatic negative effect on recovery after a crisis, compared to cutting costs elsewhere. Originality: The briefing saves busy executives, strategists and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
02580543
Volume :
37
Issue :
11
Database :
Complementary Index
Journal :
Strategic Direction
Publication Type :
Academic Journal
Accession number :
160560188
Full Text :
https://doi.org/10.1108/SD-10-2021-0109