Capabilities to Thrive in Recessionary and Inflationary Environments
Key Takeaways
⇨ To keep up with the competition in the market, organizations are fast realizing that it is not an option to stop innovation projects even though budgets are tight.
⇨ In a rapidly changing economic ecosystem, freeing up cash by implementing enhanced working capital management procedures is a great way to fund innovation projects.
⇨ Pricing management and sales compensation are imperative to address new market segments and motivate the sales force creatively.
Organizations are fast realizing that innovative capabilities can significantly help in navigating the current volatile economic and geopolitical climate. And while it is not an option to stop innovation projects even though budgets are tight, they can fund innovation initiatives by thinking creatively. In this article, you will learn how organizations can fund innovation initiatives by implementing enhanced working capital management procedures.
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