Using Adverse Conditions to a Company’s Advantage
- Chakravorti discusses four methods that corporate innovators use to turn adverse conditions to their advantage. These methods include: (1) Matching Unneeded Resources to Unmet Needs; (2) Rounding Up the Unusual Suspects; (3) Finding Small Solutions to Big Problems; and (4) Thinking Platform, Not Just Product.
- Examine an organization of your choice and briefly discuss how the organization used, or might use, one of these methods to capitalize on the opportunity found in adversity.
https://www.weforum.org/agenda/2020/04/how-to-plan-company-future-during-pandemic/
- Chakravorti, Finding Competitive Advantage in Adversity (link below)
- Reeves, The Strategy Palette: Five Approaches to Strategy for a Complex World
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