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Stock impact report

Six Forms Of Business Innovation During The Coronavirus Crisis [Forbes]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: Forbes
In the current reality of coronavirus, most companies don’t have the time or resources to come up with a brand-new product or create an innovation incubator. Luckily, innovation doesn’t require a stroke of genius, endless time, or unlimited funds. If you have a deep understanding of your customer relationships and priorities, you’ve already taken the first step toward weathering the storm. Using the tools they already have, businesses should critically evaluate the actions they can take now that will set them up to thrive later. Here are six ways that businesses of all sizes are innovating through this crisis:1.Delight customers with Costovation2.Band together with othersPersonnel shifts are happening on two extremes: companies like Domino’s are looking to hire 10,000 people to keep up with demand, while airlines and hotels like Marriott are laying off tens of thousands. In China, we saw more than 40 companies band together and create an exchange to combat this trend. A group of hotel Show less Read more
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