Could Demand Side Innovation Save An Imploding Industry?

The fashion industry has been imploding for a while now and, thanks to the drastic changes COVID has brought, the need for a change is greater than ever. Over inflated inventory and constant surplus issues, all of which have been a thorn in the side for years, are even more painful and in danger of threatening retail than before. 

In the recent New York Times article, Sweatpants Forever, Irina Aleksande takes a look at just how fashion has been further imploding under the added weight of the Coronavirus. Stuck on a precipice of change since the 2008 recession, the industry has struggled to truly find its footing in terms of producing what consumers really want

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COVID-19 Health Innovation Collaborative Attracts Ideas from Across U.S. to Address Health Pandemic Challenges

JACKSONVILLE, Fla., Oct. 13, 2020 /PRNewswire/ — GuideWell Mutual Holding Corporation (GuideWell), the parent to a family of forward-thinking companies focused on transforming health care, announced 13 health-tech companies from across the nation will showcase solutions that address some of the major challenges of the current health pandemic today at the GuideWell COVID-19 Health Innovation Collaborative Showcase. A virtual substance abuse support system and an AI-powered COVID-19 symptom attestation platform are among the concepts and prototypes that will be featured.

All of the ideas focus on increasing the scope and scale of resources to reduce the complex stress factors COVID-19 is having on our country’s health care system. 

“Overcoming the health care challenges associated with COVID-19 requires out-of-the-box thinking from some of the brightest minds,” said Camille Harrison, senior vice president and chief operating officer of GuideWell Commercial Markets and GuideWell Innovation. “It is more imperative than ever

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Tom Still: Innovation contest may confirm ‘legend’ of small business adaptability | Business News

One of the oft-repeated generalizations about small business owners is their universal adaptability to change. Legend would have you believe that economic Darwinism is bred into every small business owner, making them genetically wired to come back from any adversity.

If only it were true. Small businesses fail all the time. It’s not often because owners lack tenacity or a willingness to pivot, but they are nonetheless overcome by competition, troubles finding good workers, unseen regulations, bad locations, their own management woes and more.

These days, the “more” is the COVID-19 pandemic.

Owners of traditionally customer-facing businesses — restaurants, taverns, retail stores and personal care businesses — have found themselves with far fewer customers to physically face. The same goes for other sectors, even for many young firms in the tech-based economy, where surveys have shown pessimism about surviving three or six months from now if conditions don’t improve.


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Technology, Innovation and Modern War — Class 4

We just held our fourth sessions of our new national security class Technology, Innovation and Modern War. Joe Felter, Raj Shah and I designed a class to examine the new military systems, operational concepts and doctrines that will emerge from 21st century technologies – Space, Cyber, AI & Machine Learning and Autonomy. Today’s topic was Defense Strategies and Military Plans in an Era of Great Power Competition.

Catch up with the class by reading our summaries of Class 1 here, Class 2 here and Class 3 here.

Our guest speaker was Bridge Colby, former Deputy Assistant Secretary of Defense for Strategy and then Secretary of Defense Jim Mattis’ point person for articulating his vision for the National Defense Strategy.

Some of the readings for this fourth class session included: National Security Strategy, 2018 National Defense Strategy, National Military Strategy Summary, The Age of Great-Power Competition, The China Reckoning: How Beijing

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Marico Innovation Foundation Awards ceremony to be held online this week

Marico Innovation Foundation (MIF), the not-for-profit arm of FMCG giant Marico, is hosting its biannual Innovation for India Awards ceremony entirely online this week. Since its inception in 2003, MIF has launched several catalytic initiatives to help Indian innovators in the broader ecosystem.

The event was to be held on March 17 this year, but was postponed due to the pandemic and has been shifted entirely online. It will be held this week on October 9, from 5-6:30 pm (see registration link here). See also our coverage of the 2018 edition, interview with MIF head Priya Kapadia, and Innovate to Cultivate agri-initiative.

Since 2006, more than 60 organisations have won awards in categories of startup, business, social, global gamechanger, public services, and innovation in the business model, process or product (see Table 1). Winners have included startup founders, social entrepreneurs, business giants, and even government agencies.

MIF is expecting

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