The document proposes an innovative strategy for organizations to develop during a global economic recession. It suggests that companies continue their innovation initiatives during an economic downturn to stay ahead of competitors and be well-positioned when the economy recovers. The collection of resources provides a practical roadmap for firms to adapt their innovation to identify opportunities during difficult economic times and take advantage of an upturn.

1. ABSTRACT
INNOVATIVE STRATEGY FOR DEVELOPMENT IN THE POST
GLOBAL RECESSION ERA.
As the global economy slowly slides into recession, organizations face new
challenges and opportunities.
In today's interconnected world, it's impractical for companies to suspend their
innovation initiatives until the worst of the storm blows over. To do so is to risk being
well behind the curve when the economy does recover, and losing precious ground to
competitors who found creative ways to keep their innovation initiatives moving
during the darkest days of the downturn.
This collection of resources represents a practical roadmap that your firm can use to
help identify opportunities for adapting your innovation initiatives to the current
economic downturn.
Use this roadmap to help to position your firm to take full advantage of the upturn
when it inevitably comes.
Submitted By..
Manoj N Umarkar MBA 1ST year
Shantiniketan business school.
Mobile no.- 9960348277