If necessity is the mother of invention, then innovation — at least judging by prevailing business narratives — might be parented by crisis.
The disruptions presented by COVID-19 will certainly be the lens through which economists and historians view the business successes and failures of 2020, if not the entirety of the global economy as we approach the quarter-century mark. And certainly this crisis has changed habits — in the way we work, shop, collaborate, and gather.
“Digital innovation is a long-term commitment,” Legrand says. He points to ING’s early role in fintech innovation as evidence that companies innovating even now likely have a demonstrated history of being among the first entrants into a new space.And digital innovators must also have innovation-minded financial support. “We can play a role by financing change, sharing knowledge, and using our own, internal innovation skills,” Legrand adds.Given historical precedent, that is a near certainty.
While climate-change activists welcome this trend, some fear companies that factor carbon-footprint reduction into their corporate social responsibility goals will feel they’ve made a contribution merely by responding to the pandemic’s disruption. There is also the fear that companies in economic recovery mode will make a short-term choice to focus on bottom line over environmental accountability.
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Why A Biden Blowout Didn’t Happen (And Why A 2024 Blowout Is Unlikely, Too)Many of the forces that have made our politics so combative and competitive today seem stronger than ever—which could foreshadow more bitterly close contests in the years ahead. Read more, via FiveThirtyEight: FiveThirtyEight You guys started this stuff in 2016 when you didn't accept that Hillary lost. FiveThirtyEight Trump mtgreenee SenTedCruz HawleyMO RepMoBrooks who led the attack on US Capitol on January 6th are no different from the Japanese who attacked Pearl Harbor on Dec 7, 1941! Both enemies, one foreign, the other domestic! We held Japan to account! We must hold Trump the same! FiveThirtyEight It was a blowout! Shoot, ge even turned deep red Georgia Blue! What is your definition of blowout? He defeated an incumbent President something we haven’t seen since the 90’s
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