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New Trend: Recovering Growth after the COVID-19 Crisis
A McKinsey and Co study found that “more than 90 percent of executives said they expect the fallout from COVID-19 to fundamentally change the way they do business over the next five years, with almost as many asserting that the crisis will have a lasting impact on their customers’ needs.” Furthermore, 70 percent believe that the changes brought about by the virus will be a big opportunity for growth.
New Insight: Innovation isn’t an Option, it is Required
COVID-19 caused business disruption on a scale we haven’t seen in a while. It uncovered complacency. It forced leaders to re-examine their core business and adapt how products and services are delivered.
How will the way you do business continue to change due to COVID-19?
The world has changed, customers have changed, employees have changed... it’s time for business to change. Without innovation businesses cease to exist, sooner or later. Innovation in times of great change creates the next, new experience for your customers, employees and colleagues.
Are you considering up-skilling your team, looking for new growth opportunities, or reducing risk of further disruption?
Right now, innovation is more critical than ever to stay ahead of, or at least keep up with your competition.
New Action: We Can’t Go Back; Let’s Try Something New
N³ Innovation is working with corporate clients that realize there’s no going back to “normal”. Here's what we recommend for our clients and for you:
Take action to reset strategy and accelerate growth agendas faster than you ever thought possible. Assess the risk of inaction and complacency.
Contact us to learn how to usher in new solutions to new (and old) business challenges in record time.
New technologies you can consider to mitigate the business impact of Covid-19 includes contactless transactions, drone delivery, indoor air quality, telematics, co-bots and more.
N³ Innovation can help you Drive Innovation Excellence. To learn more about Innovation and Growth, contact us today!
Now is the time to Invent the Future!
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N³ Innovation does not endorse the organizations or products mentioned in this newsletter. If you are interested to learn more, contact us today for a full landscape and targeted solutions.
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