Economy 18:44 01/03/2024 Armenia

"The Innovator's Dilemma": Byblos Bank Armenia supports publication of Armenian edition

Byblos Bank Armenia has supported the Armenian translation and publication of American business consultant Clayton M. Christensen’s bestseller, "The Innovator's Dilemma", by Antares Publishing House, as part of the Bank’s commitment to support educational projects.

"Why is success so difficult to sustain?" Christensen sought to answer this and many other questions in one of the most important books chronicling how innovation takes place. "The Innovator's Dilemma" weighs in on sustaining and disruptive technologies, explains why established companies begin to decline, and offers simple solutions aimed at meeting the expectations of dissatisfied or neglected customers.

The Armenian edition of the book was unveiled at a presentation on February 28, which was attended by the representatives of the Bank and Antares Publishing House, as well as by booklovers and readers. Antares CEO Armen Martirosyan laid out the key messages of the book and curated a Q&A session with the guests.

Byblos Bank Armenia CEO Hayk Stepanyan attended the presentation and spoke about the Bank's decision to finance meaningful educational programs and support the project.

“Cooperation between Byblos Bank Armenia and Antares Publishing House seeks to enrich the Armenian reader's library with another important book. Certainly, "The Innovator's Dilemma" is a useful piece of work for developing strategic thinking for everyone, regardless of the industry they are involved in. Broadly speaking, the book is also about the ways to achieve success and the choice of strategy, which will help today's and future innovators to find their way and choose the right business model," said Hayk Stepanyan.

CEO of Antares Media Holding Armen Martirosyan weighed in on the importance of financing the book by the Bank.

“Different sectors dealing with money face different risks. A bank is a risk-balancing institution, and typically a conservative one. After all, the money collected by other customers over the years is the basis for the realization of their dreams, and of course, you have to be extremely careful. And what does innovation have to do with banking? Of course, banks can be the first to use the achievements of scientific and technical development. And what is Byblos Bank Armenia’s most secure innovation? Learning and helping others learn. The publication of this book testifies to both innovation and responsibility,” said Armen Martirosyan.

The winners of a Book Giving Day competition organized by Byblos Bank Armenia earlier participated in the event too and received their copy of the book as a prize.

This is not the first cooperation between the Bank and the publishing house: the Armenian translation and publication of the book "Why Nations Fail" by Daron Acemoglu and James A. Robinson too was supported by Byblos Bank Armenia.

Prioritizing meaningful social impact, the Bank continues to invest in causes that foster healthy, thriving communities by implementing diverse CSR programs and educational projects.

Share |
Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:


Opposition files lawsuits against Civil Contract
The opposition Mother Armenia faction in the Yerevan City Council has filed three lawsuits against the municipal faction of Prime Minister Nikol...
EU mission in Armenia welcomes first Canadian expert
The EU Mission in Armenia (EUMA) has welcomed the first Canadian expert. “Thrilled to welcome the first Canadian expert Alexander...
Temperatures to hit 28C in Yerevan this week
Showers and thunderstorms coupled with strong winds are expected in some parts of Armenia on Monday and later this week. Rainless weather is...
President: Kazakhstan ready to increase exports to Armenia up to $350 million
Kazakh President Kassym-Jomart Tokayev and Prime Minister of Armenia Nikol Pashinyan reaffirmed their strong commitment to enhancing...
Vardan Ghukasyan announces street protests in Yerevan
U.S.-based blogger Vardan Ghukasyan (better known as "Dog”), the founder of the Democracy, Law and Discipline party, has announced...
Opposition MP slams Brussels talks as 'disgraceful failure'
The Armenia-EU-US meeting held in Brussels on April 5 was a "disgraceful failure", Artur Khachatryan, an MP from the opposition...
UK’s Cameron urges Israel to use 'head as well as heart' after Iran attack
British Foreign Secretary David Cameron urged Israel not to retaliate after Iran's drone and missile attack, saying it should "think...
Armenian Foreign Ministry says no 'substantive' talks with UK over Rwanda deal
Armenia and the United Kingdom have had no “substantive” talks on a possible Rwanda deal, Foreign Ministry spokeswoman Ani Badalyan...
Police in Yerevan seize flyers about 'missing' ombudsperson
Police officers on Monday seized flyers regarding Armenian Human Rights Defender Anahit Manasyan distributed by two employees of the...
Arsonist targeting Armenian cemetery in Fresno
Since the middle of January, the Fresno Ararat Armenian Cemetery has been targeted by an arsonist, FOX26 News reports. Six total...
New Middle East crisis will directly affect Armenia, MP warns
The escalation of tensions in the Middle East will have a direct impact on Armenia, warns opposition MP Tigran Abrahamyan. His comments came...
UK targeting four countries, including Armenia, for Rwanda deal
Britain is targeting four more countries to replicate the Rwanda migrant deportation scheme, according to leaked documents. The UK has...
Kazakh president arrives in Armenia
President Kassym-Jomart Tokayev of Kazakhstan has arrived in Armenia on an official visit.  He was welcomed by Deputy Prime...
AntiFake employees detained in Yerevan
Two employees of the AntiFake media outlet were detained in Yerevan early on Monday, lawyer Ruben Melikyan revealed. Citing preliminary...
Armenia calls for dialogue in Middle East amid escalating tensions
Escalating tensions in the Middle East are a cause for grave concern, the Armenian Foreign Ministry said on Sunday following Iran's...
Temperatures to hit 27C in parts of Armenia
Rainless weather is expected in Armenia on Saturday, the met service reports. Showers are forecast for the country’s regions on Sunday...
One killed in cable car accident in Turkey
A cable car ferrying passengers in a mountainous area of southern Turkey broke apart after colliding with part of the metal structure supporting...
Armenian government announces Kazakh leader's visit to Yerevan
Kazakh President Kassym-Jomart Tokayev will travel to Armenia on an official visit on April 15. The Armenian government said in a...
Rally held in Armenian border village
A large group of public figures, politicians and clergymen on Saturday gathered in Voskepar, a border village in Armenia’s Tavush...
Transavia launches Yerevan-Lyon flights
Transavia Airlines launched flights between Yerevan and Lyon on April 13, the Armenia International Airports CJSC reported. Flights will be...
Catholicos Karekin II offers condolences to families of killed soldiers
His Holiness Karekin II, Supreme Patriarch and Catholicos of All Armenians, has expressed condolences to the families of the Armenian servicemen...
Pashinyan: Armenia seeks to prevent all attempts to politicize EAEU
Armenia is seeking to stop all attempts to politicize the Eurasian Economic Union (EAEU), Prime Minister Nikol Pashinyan said. "We...
Five killed in Sydney mall attack
Five people were killed and several others injured -- including a small child -- when a knife-wielding attacker rampaged through a busy Sydney...
13 Armenian soldiers hospitalized after military truck crash – Defense Ministry
Armenian Defense Minister Suren Papikyan and Health Minister Anahit Avanesyan on Saturday visited the Central Clinical Military Hospital in...
Kazakh president to pay official visit to Armenia
President Kassym-Jomart Tokayev of Kazakhstan will pay a one-day official visit to Armenia on April 15. He is expected to hold talks with...
Defense Ministry reports no serious injuries after military truck crash in Gegharkunik
The Armenian Defense Ministry says no one was seriously injured in the wake of a military vehicle crash in Gegharkunik Province on Saturday....
Monument Watch exposes Azeri lies about Artsakh's ancient culture
The video "Ancient Aghdam Destroyed Nomadic Heritage", produced by the Azerbaijani CBC TV channel, contains several arbitrary...
Armenian Defense Ministry names soldiers killed in road accident
The Armenian Defense Ministry identified the servicemen killed in a road accident on Friday. Four Armenian soldiers were killed and 20...
Armenia denies false Azeri reports of shooting
The Defense Ministry of Armenia has rejected Azerbaijan's false accusations of cross-border shooting. “The statement of the...
Germany urges its citizens to leave Iran
Germany warned its citizens to leave Iran, saying that there was a risk both of a sudden escalation in Tehran's existing tensions with...

Follow us and get updates!

Most popular articles

{"core.blocks.header.spell_message1":"Selected mistake: ","core.blocks.header.spell_message2":"Send a message about the mistake?"}