This issue of Dawgen Global Insights focuses on Strategy and Innovation. We explore the 10 Hidden Strategic Opportunities. Potential opportunities always surround leaders. It is up to them to pounce on them or regret overlooking them when someone else takes advantage of them. Psychologists call this trait “confirmation bias” where individuals pick the data that supports their existing opinions and approaches and doubt information which defies their mindsets.
Leaders need to train themselves to consider the slight hints of the opportunities surrounding them—in the form of incongruities to their personal beliefs and ideas. This article expands on each of these 10 strategic opportunities.. We also examine 3 Pillars of Globalization. Early 2000s saw a change of mind regarding the Globalization of commerce by members of the political and economic arenas. Multi-national companies on the other hand saw opportunity; with emerging markets such as China and India shifting to consumer economies, the multi-nationals had the infrastructure to serve them. Problem was the contrast between the corporate Operating Model of the time and the structural changes that had taken place in the global economy.
This incongruence was addressed by a new Business Model for Globalization that avoided the trade-offs companies perceived they had to make for succeeding in various markets. Innovation will be a key survival strategy in a post pandemic world. In this edition we also explore Innovation Sandbox.
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