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What is the typical length of the innovation cycle?
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It is a structured, end-to-end process for creating new products, processes and business models. All you do is uncover and properly define the real problem at the heart of your innovation challenge.Rapid Innovation Cycles lead teams through a process known as “D4” (Define-Discover-Develop-Demonstrate).
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2020/2021
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Consider yourself as Global Manager for a Medical Company (Daway) that is leading chain of retail pharmacy in Saudi Arabia, Jordan and United Kingdom. This company uses digital solutions for their business, but it focuses heavily on its retails sales. However, due to the recent Covid-19 pandemic, the way how they do business has been remarkably impacted. Not just with sales, the impact of this pandemic effected the way this company work, communicate and operate.
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• Explain what are the limited options that Dawaycurrently have regarding dealing with the pandemic.
• What is the level of technology urgency Dawayneeds to sustain its performance?
• As a global manager, leading from home involves the leverage of digital capabilities. What are these capabilities? List and explain at least 3.
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