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Implementing Big Ideas During A RecessionCase Details

 

Closed: 10 Jun 2009, 11:59PM PT

Earn up to $100 for Insights on this case.

The current economic situation has certainly reduced the financing prospects of a good number of big ideas, but that doesn't mean the development of innovative businesses and technologies should (or will) grind to a halt. Obviously, though, starting up during a boom is a bit different than bootstrapping during a recession. But that just means more garage startups get created in actual garages -- focused on creating truly valuable services and technology.

So what kind of big ideas are possible to develop during a recession? How can government help (or hinder) economic growth under the current financial conditions? What kinds of technology revolutions may be primed to go right now -- and what can help give them a boost? What areas of business are thriving currently and are poised to continue to grow even when the economy recovers? How do companies plan for long-term growth and avoid pessimistic short-term thinking?

Microsoft People Ready Business is sponsoring this case to create interesting discussions at BigThink's section on Navigating Today's Economy. We're looking for unique perspectives that will inspire further conversations, and selected insights will be published on BigThink.com.

16 Insights

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Rethinking Print In A Technological EraCase Details

 

Closed: 27 May 2009, 11:59PM PT

Earn up to $200 for Insights on this case.

 

The business of print has always been a risky one. While the printing press made it much cheaper to print, there were still significant fixed costs involved. In order to make it economically feasible to print something, you had to make sure there were enough buyers, which involved significant forecasting. There were also significant costs associated with setting up each print run, such that it wasn't economically reasonable to do really custom work. Thankfully, in the past few decades advances in various technologies have made it cheaper and cheaper -- even as the rise of the internet has led many to write off the opportunities for print publishing, and even suggest that paper was dying.

Yet, what if that same trends, of ever decreasing technology costs combined with increasing quality and internet connectivity, enable a new era of print? These trends have the ability to enable things that simply couldn't be done before. We're seeing the beginnings of this with print-on-demand and self-publishing services, but where does it go from here? How far will these technology trends take us in creating totally new opportunities for print? When it's easy and cost effective to not just self-publish, but *micro-publish* suddenly the entire stream of possibilities becomes different. A photographer can publish a special magazine for every attendee at a wedding (even with the attendee's photo customized to be on the front). Or a novelist can let fans buy each chapter to be delivered fresh each month (or week!) as she finishes it. A textbook maker can create a totally customizable textbook, listing out a series of chapters online, allowing professors/teachers/students to create their own combination based on what works best for them.

And those are just a few starter ideas. HP is sponsoring this conversation (with more info at futureofprint.com) about how these trends will enable all sorts of new possibilities and business models. What new opportunities will be enabled thanks to ever cheaper print-on-demand offerings that combine customization, high quality and the connectivity of the internet? What new businesses may spring out of this convergence? What new hobbies, side projects, cultural artifacts? We're looking for creative thinking on where these trends will take us and what they'll enable.

28 Insights

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Rules For Cautious ExpansionCase Details

 

Closed: 27 May 2009, 11:59PM PT

Earn up to $200 for Insights on this case.

Continuing from our earlier cases, American Express is sponsoring more conversations here in the Insight Community concerning how small businesses can handle the current economic environment. Contributions to our past discussions have made their way to American Express' OPEN Forum blog, and we're looking for further insights that will complement the topics on the economy section of the OPEN Forum blog.

While the headlines are still somewhat gloomy, there are some signs that the economy may be starting to turn around, and some businesses are trying to start up or grow. If you're a part of this group, there are obvious reasons to be cautious. So what steps are you taking to make sure your plans for growth are not foolhardy in this environment? What kinds of expansion are justifable? What resources are available to small businesses that are trying to expand during economic hard times? These are just a few topic suggestions, feel free to contribute your own recommendations.

Ideally, submissions will contain specific examples and personal experience. Any insight that is selected to be published on the American Express OpenForum blog will be awarded a payment. You may submit multiple insights, but make each submission a post that can stand alone.

6 Insights

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Businesses In Symbiotic RelationshipsCase Details

 

Closed: 14 Apr 2009, 11:59PM PT

Earn up to $200 for Insights on this case.

Continuing from our earlier cases, American Express is sponsoring more conversations here in the Insight Community concerning how small businesses can handle the current economic environment. Contributions to our past discussions have made their way to American Express' OPEN Forum blog, and we're looking for further insights that will complement the topics on the economy section of the OPEN Forum blog.

For this case, we're looking for small business owners who have found that teaming up with other business has improved both organizations. If you've experienced this phenomenon, tell us how you developed the relationship. How did it evolve? Why do you think the match was successful? Did you actively search out another business to help out yours? If so, how did you go about doing so? What do you think are the most important criteria to evaluate before partnering with another operation?

Ideally, submissions will contain specific examples and personal experience. Any insight that is selected to be published on the American Express OpenForum blog will be awarded a payment. You may submit multiple insights, but make each submission a post that can stand alone.

8 Insights

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Improving Customer Service For Better SalesCase Details

 

Closed: 24 Mar 2009, 11:59PM PT

Earn up to $200 for Insights on this case.

Continuing from our earlier cases, American Express is sponsoring more conversations here in the Insight Community concerning how small businesses can handle the current economic environment. Contributions to our past discussions have made their way to American Express' OPEN Forum blog, and we're looking for further insights that will complement the topics on the economy section of the OPEN Forum blog.

Given the economic slowdown, many small businesses are putting in some extra effort to retain and gain customers. How can small business owners effectively execute improvements in customer service for this? How should any changes be measured to determine if they work? When does a small business owner know when customer service is good enough? What can managers do to encourage and inspire great customer service from employees? These are just a few topic suggestions, feel free to contribute your own recommendations.

Ideally, submissions will contain specific examples and personal experience. Any insight that is selected to be published on the American Express OpenForum blog will be awarded a payment. You may submit multiple insights, but make each submission a post that can stand alone.

20 Insights

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Finding Small Business Optimism Amid The PessimismCase Details

 

Closed: 28 Feb 2009, 11:59PM PT

Earn up to $200 for Insights on this case.

Continuing from our earlier cases, American Express is sponsoring more conversations here in the Insight Community concerning how small businesses can handle the current economic environment. Contributions to our past discussions have made their way to American Express' OPEN Forum blog, and we're looking for further insights that will complement the topics on the economy section of the OPEN Forum blog.

Recent news stories have painted a grim picture of the state of the economy, but dwelling on the negatives isn't likely to help the economy. Do you know examples of small businesses that are adapting and also keeping employee morale high? Do you know of any small businesses that are actually faring better in our current economic crisis? Do you have practical advice on how a small business can manage this recession? We're looking for optimistic insights to offset the pervasive gloom, but we don't want to sugar-coat reality. Our goal is simply to highlight small business practices that might help owners and managers. Additionally, the insights from this case could also inspire future topics and cases for American Express' OPEN Forum.

This case ends soon, so please try to submit early. Any insight that is selected to be published on the American Express OpenForum blog will be awarded a payment. You may submit multiple insights, but make each submission a post that can stand alone.

15 Insights

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Small Business Strategies For The New YearCase Details

 

Closed: 10 Dec 2008, 11:59PM PT

Earn up to $200 for Insights on this case.

As you probably know from our earlier cases, American Express is sponsoring a conversation here in the Insight Community concerning how small businesses are dealing with the financial crisis. Already, a bunch of the insights generated by those earlier discussions have made their way to American Express' OPEN Forum blog. Some great examples of the type of content include Zack Miller's post on Black Swan Contingency Planning and Dennis Howlett's Quick Tips for Small Businesses. If you decide to participate in this case, we suggest those two posts are great examples of the level of quality to strive for.

This time, we're looking for more insight from small business owners on issues as we approach the end of the year.  How are you approaching your strategy for the end of this year, as many are worried that holiday spending won't be what it's been in the past?  Alternatively, how are you gearing up for this financial climate as we head into 2009 and how would you recommend others do so.  We're also curious how the changing political environment, and the various efforts to create various stimulus packages (or bailouts) might impact the way you do business.

To enter, please submit a post around these concepts. Please try to avoid just listing out the questions here and answering each one separately. The description is just a conversation starter, from which we hope you'll craft an interesting, insightful, compelling, and relevant blog post that will be helpful to small business owners, such as yourself. The goal here is to go beyond what everyone else is talking about, and dig a little deeper.

This case uses the "claiming" system. You can claim a slot and reserve that spot for yourself, guaranteeing payment if the response actually does meet the guidelines laid out in the case description. Any insight that is selected to then be placed on the American Express OpenForum blog, also will be designated a "top insight" and the authors will be granted the additional bonus on top of the guaranteed claim amount. Please be aware that claiming a spot but failing to submit an insight will lead to a poor rating and an inability to participate in future cases.

12 Insights

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How Is Your Small Business Holding Up In This Financial Crisis?Case Details

 

Closed: 17 Nov 2008, 11:59PM PT

Earn up to $200 for Insights on this case.

As you probably know from our earlier case, American Express is sponsoring a conversation here in the Insight Community concerning how small businesses are dealing with the financial crisis. Already, a bunch of the insights generated by that first discussion have made their way to American Express' OPEN Forum blog. Some great examples of the type of content include Zack Miller's post on Black Swan Contingency Planning and Dennis Howlett's Quick Tips for Small Businesses. If you decide to participate in this case, we suggest those two posts are great examples of the level of quality to strive for.

This time, we're looking for a little reflection. Now that we're well into the financial crisis, and some of the initial concerns have been somewhat alleviated (at least temporarily), how is your small business managing? It looks like the worst fears of the financial crisis (complete economic meltdown) have been avoided, but there's still plenty to be concerned about. Now that we're past that first stage, though, what more concrete steps are you taking or would you advise other businesses to take to manage to survive the current economy? Are these steps different than what you had originally expected?

To enter, please submit a post around these concepts. Please try to avoid just listing out the questions here and answering each one separately. The description is just a conversation starter, from which we hope you'll craft an interesting, insightful, compelling, and relevant blog post that will be helpful to small business owners, such as yourself. The goal here is to go beyond what everyone else is talking about, and dig a little deeper.

This case uses the "claiming" system. You can claim a slot and reserve that spot for yourself, guaranteeing payment if the response actually does meet the guidelines laid out in the case description. Any insight that is selected to then be placed on the American Express OpenForum blog, also will be designated a "top insight" and the authors will be granted the additional bonus on top of the guaranteed claim amount. Please be aware that claiming a spot but failing to submit an insight will lead to a poor rating and an inability to participate in future cases.

8 Insights

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