Tuesday, December 10 2019 19:34

Too big to innovate? The secrets to innovating at a big corporate

Too big to innovate?  The secrets to innovating at a big corporate

ArmInfo.Global Head of Partnership Development and Innovation, RBWM Digital, HSBC. It’s often assumed that the successful enterprises of the future will be the dynamic small-scale innovators of today. The video rental chain Blockbuster disappeared, usurped by the startup Netflix it once turned down the opportunity to buy, because it clung too tightly to old business models. Other industries – including banking – are equally ripe for disruption.

 

The business model for launching a start-up is based on an appetite for risk and uncertainty, while for established businesses the incentive is to keep revenues consistent and minimize risks. Besides, big corporates are too hampered by scale, structure, and established modes of behaviour to really innovate – or so the thinking goes.

 

But the idea that big corporates are blind to the possibility of disruption is dated. Many of the world’s largest firms now have targeted approaches to innovation, particularly in financial services. Research from data analytics firm Indicative suggests that 65% of financial services companies have a dedicated innovation lab, division, or new product innovation group.[1]

 

The challenge for big corporates now is often less a lack of awareness about the need to innovate, and more knowing how to manage innovation properly. Given this, here are six key dos and don’ts for achieving true “innovation” at a big corporate:

 

  1. Don’t confuse digitization with innovation. Innovation is not just doing what you’ve always done, but doing it in a digital way. In all industries, firms need to digitize customer journeys. Getting this right is critically important, but innovation is about looking beyond what customers experience now, and towards defining what that experience might be in future – this could be a new business model created via partnerships or new consumer data. Too many companies are just trying to stay a few days ahead of competitors.
  2. Be clear on the kind of innovation you’re looking to achieve. Innovation approaches vary significantly depending on the intended horizon of opportunity, both in terms of time to market as well as proximity to existing competitive strengths and assets. Corporate innovation teams often act as a catch-all for any kind of “thing we’re not yet doing”, failing to distinguish between incremental improvements to existing businesses, new products or features, and much more radical changes that require shifts in organizational structure.
  3. Be clear on the level of commitment you’re willing to make to your innovation team. True innovation is not just about having the ability to ideate, but also about the ability to execute.
  4. Support for innovation needs to come from the top. To truly innovate, corporates need to commit and invest, but this is not just financial. One of the biggest roadblocks to innovating can be ingrained processes. To overcome this, innovation teams need senior buy-in, supporting experimentation with new ways of working – the right culture in the right work environment.
  5. Do set expectations early on. The biggest challenge for corporate innovation can be balancing the tension between near-term delivery and longer-term sustainability – or the trade-off between long- and short-term investment and effort.
  6. Finally, leverage the threat of disruptors to push your team and your business to do better. Use challenge as an opportunity. As the saying goes, “don’t let a good crisis go to waste”. 

 

Bigger corporates may actually have some advantages in innovation, if done right. In financial services this includes our ability to navigate highly complicated, constantly evolving regulatory environments and better manage risks. Greater scale also often means more resources to rapidly develop a new product or platform and see it immediately active with an established customer base. HSBC was able to leverage strengths like these when rapidly developing its highly successful PayMe app, which went from post-it note idea to launch in only about a year.

 

The current narrative is often a simple win-lose between the disruptors and the disrupted, but the actual picture is more nuanced. In financial services we increasingly partner smaller players – bringing the scale of the traditional players together with the agility of fintechs. According to a survey by consultancy firm CapGemini, 75.5% of fintechs said partnering with a traditional firm was their primary objective, while less than one-fifth stated a preference to compete.[2] HSBC is already working with a wide range of fintechs across the group where we’ve identified a clear benefit for our customers.

 

Partnerships can be highly beneficial for both sides, helping sharing both culture and expertise. The opportunity for partnerships – alongside properly managed innovation programmes – is there in many industries.

 

Innovation Gains Momentum in Armenian Business Sector

 

The use of innovative solutions in business has grown in Armenia with a lot of international attention coming from global forums like World Congress on Information Technology (WCIT) 2019[3] and Global Innovation Forum, held in October 2019[4]. Global funds and organisations try to boost the use of innovation in SMEs and bigger businesses technically and financially.  With a budget of €6 530 000, "Support to SME Development in Armenia" (EU-SMEDA) project, which is funded by the European Union under the EU4Business initiative and implemented by GIZ, has been supporting Armenian startups with two types of grant – Innovation Matching Grants (IMG) and Science and Technology Entrepreneurship (STEP) grants[5]. According to Nune Kochinyan, EU-SMEDA’s Communications Officer, EUR 866.000 has been allocated to 34 Armenian startups in innovation in 2017-2019. In 2016 Armenia joined Horizon 2020, the biggest EU Research and Innovation programme. According to Anahit Khacikyan, Horizon2020 contact point in Armenia, in 2018-2019, 18 projects with participation of Armenian institutions received H2020 grants, 4 of them being SMEs. 

Due to the introduced innovative solutions, Armenia improved its position by 4 points in Global Innovation Index 2019, ranking 64th in the list of 130 countries[6].

 

 

HSBC Holdings plc

HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. HSBC serves customers worldwide from offices in 65 countries and territories in our geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. With assets of US$2,751bn at 30 June 2019, HSBC is one of the world’s largest banking and financial services organisations.

By Andrew Connell

&lang=3" class="u_link">HSBC in Armenia

HSBC Bank Armenia cjsc was established in 1996. The bank is a joint venture between the HSBC Group, which has 70 per cent ownership, and a member of overseas Armenian business with 30 per cent ownership. HSBC Armenia serves around 30 000 customers through eight offices located in Yerevan and around 392 employees. As of 31 December 31, 2018, the bank has assets of AMD 268 billion including the ones, allocated with the mediation of the HSBC Holdings plc. 

POST A COMMENT
Input digits     

News
Fire in the building of the Print House localized Fire in the building of the Print House localized 
Chief of the General Staff of Armenia responded to the message about  theft of jet fuel in the Ministry of DefenseChief of the General Staff of Armenia responded to the message about  theft of jet fuel in the Ministry of Defense
A special meeting of  Inter-Parliamentary Committee  on Cooperation  between  NA of Armenia and Artsakh, dedicated to  30th anniversary of   pogroms in Baku  held in YerevanA special meeting of  Inter-Parliamentary Committee  on Cooperation  between  NA of Armenia and Artsakh, dedicated to  30th anniversary of   pogroms in Baku  held in Yerevan
NSS of Armenia: Georgy Kutoyan was a highly qualified, well-educated,  conscientious and responsible officerNSS of Armenia: Georgy Kutoyan was a highly qualified, well-educated,  conscientious and responsible officer
Enemy violated ceasefire at  frontline more than 80 times last weekEnemy violated ceasefire at  frontline more than 80 times last week
13 years have passed since assassination of Hrant Dink, but  case is  still not fully resolved13 years have passed since assassination of Hrant Dink, but  case is  still not fully resolved
A fire broke out in the building of  Press HouseA fire broke out in the building of  Press House
SCAT Airline temporarily suspends  Nur-Sultan - Yerevan flight SCAT Airline temporarily suspends  Nur-Sultan - Yerevan flight 
There are still closed and impassable roads in ArmeniaThere are still closed and impassable roads in Armenia
Two earthquakes occurred in Armenia with an interval of three hoursTwo earthquakes occurred in Armenia with an interval of three hours
Current and third Presidents of Armenia, as well as a number of other  statesmen expressed condolences on death of Former NSS Director  Current and third Presidents of Armenia, as well as a number of other  statesmen expressed condolences on death of Former NSS Director  
Dozens of bullets and shells were found in the room where the body of  the former head of the NSS was discoveredDozens of bullets and shells were found in the room where the body of  the former head of the NSS was discovered
Hayk Marutyan and Andrea Victorin discuss the possibility of  expanding cooperationHayk Marutyan and Andrea Victorin discuss the possibility of  expanding cooperation
Criminal proceedings against Judge of the Administrative Court Artur  Avagyan discontinuedCriminal proceedings against Judge of the Administrative Court Artur  Avagyan discontinued
Attempt to transport 5 kg of narcotic substances through Armenia  preventedAttempt to transport 5 kg of narcotic substances through Armenia  prevented
Prime Minister appointed Robert Ghukasyan  member of  Board of  Trustees of  Armenian Territorial Development FoundationPrime Minister appointed Robert Ghukasyan  member of  Board of  Trustees of  Armenian Territorial Development Foundation
Arthur Melikyan: The body of Georgy Kutoyan was discovered by his  wifeArthur Melikyan: The body of Georgy Kutoyan was discovered by his  wife
VTB Bank (Armenia) intends to firmly establish its leading position by total number of opening new ATMs and branches in 2020VTB Bank (Armenia) intends to firmly establish its leading position by total number of opening new ATMs and branches in 2020
Arman Tatoyan: It is very important for us to do everything possible  to prevent torture in places of detention in ArmeniaArman Tatoyan: It is very important for us to do everything possible  to prevent torture in places of detention in Armenia
Vice-Speaker: The news of the death of former NSS Director Gevorg  Kutoyan was shockingVice-Speaker: The news of the death of former NSS Director Gevorg  Kutoyan was shocking
Yerevan ranks 380th in the list of the most expensive cities in the  world Yerevan ranks 380th in the list of the most expensive cities in the  world 
Lena Nazaryan harshly answered those who criticize the Prime  Minister`s familyLena Nazaryan harshly answered those who criticize the Prime  Minister`s family
Armenian Ombudsman: Manvel Grigoryan`s condition worsened on the day  of release from custodyArmenian Ombudsman: Manvel Grigoryan`s condition worsened on the day  of release from custody
Forecast: Iran`s desire to achieve the USA withdrawal from the Middle  East is achievableForecast: Iran`s desire to achieve the USA withdrawal from the Middle  East is achievable
Head of EU Delegation to Armenia: I am impressed by legal reformsHead of EU Delegation to Armenia: I am impressed by legal reforms
MP: To declare war on the media is simply absurdMP: To declare war on the media is simply absurd
At a meeting of Pashinyan with members of the At a meeting of Pashinyan with members of the "My Step" faction,  issues of foreign and domestic policy were discussed
Russian Foreign Ministry: No noticeable changes in Karabakh  settlementRussian Foreign Ministry: No noticeable changes in Karabakh  settlement
Body of Former National Security Service Director of Armenia found in  YerevanBody of Former National Security Service Director of Armenia found in  Yerevan
Forecast: A few more years and rallies in Russia could grow into  something moreForecast: A few more years and rallies in Russia could grow into  something more
Mammadyarov announced visit of co-chairs of the OSCE Minsk Group to  the regionMammadyarov announced visit of co-chairs of the OSCE Minsk Group to  the region
Chamber of Architects: Urban Development Committee of Armenia does  not comply with the requirements of the Law on the activities of  architectsChamber of Architects: Urban Development Committee of Armenia does  not comply with the requirements of the Law on the activities of  architects
Nikol Pashinyan meets with members of Nikol Pashinyan meets with members of "My Step" faction in Yerevan
Director of Meghri Regional Medical Center accused of abuseDirector of Meghri Regional Medical Center accused of abuse
House collapsed in Kotayk region of ArmeniaHouse collapsed in Kotayk region of Armenia
 The Vardenenyats pass is difficult to pass for all types of vehicles,  Sotk-Karvachar is closed for heavy trucks The Vardenenyats pass is difficult to pass for all types of vehicles,  Sotk-Karvachar is closed for heavy trucks
Minister: The staff of closing obstetric services will be employedMinister: The staff of closing obstetric services will be employed
Zohrab Mnatsakanyan: Armenia is concerned about the destabilization  of the Middle EastZohrab Mnatsakanyan: Armenia is concerned about the destabilization  of the Middle East
Zohrab Mnatsakanyan did not inform when the next meeting of FMs of  Armenia and Azerbaijan will be heldZohrab Mnatsakanyan did not inform when the next meeting of FMs of  Armenia and Azerbaijan will be held
Lilit Makunts: The resignation of the Russian Government will in no  way affect the level of Armenian-Russian relationsLilit Makunts: The resignation of the Russian Government will in no  way affect the level of Armenian-Russian relations
MP: In Armenia, the media turn into a weapon of political struggle in  the information warMP: In Armenia, the media turn into a weapon of political struggle in  the information war
MES: At the night of January 17 the air temperature in Armenia will  go up by 3-4 degreesMES: At the night of January 17 the air temperature in Armenia will  go up by 3-4 degrees
RA Prime Minister: The logos of at least two TV channels can be  substituted with the words RA Prime Minister: The logos of at least two TV channels can be  substituted with the words "Corruption" or "Corruption Group
Expert: Issuing broadcasting licenses under obsolete law will put the  mental and physical health of citizens at stakeExpert: Issuing broadcasting licenses under obsolete law will put the  mental and physical health of citizens at stake
In 2019, the office of the Ombudsman increased the number of  complaints regarding domestic violenceIn 2019, the office of the Ombudsman increased the number of  complaints regarding domestic violence
Forecast: Turkish Stream will have a direct and indirect impact on  ArmeniaForecast: Turkish Stream will have a direct and indirect impact on  Armenia
MP: Television companies must ensure the transparency of their  financial flows and disclose the names of ownersMP: Television companies must ensure the transparency of their  financial flows and disclose the names of owners
A gang of scammers profited from using someone else`s passport dataA gang of scammers profited from using someone else`s passport data
Azerbaijan did not bring the OSCE mission to its forefront during  planned monitoring on the Karabakh- Azerbaijan contact lineAzerbaijan did not bring the OSCE mission to its forefront during  planned monitoring on the Karabakh- Azerbaijan contact line
RA Prime Minister: The current system of state benefits does not  contribute to the economic activity of Armenian citizensRA Prime Minister: The current system of state benefits does not  contribute to the economic activity of Armenian citizens
There are closed and impassable roads in the territory of ArmeniaThere are closed and impassable roads in the territory of Armenia
Self-immolation prevented in MetsamorSelf-immolation prevented in Metsamor
The court decided to change measure of restraint against General  Manvel Grigoryan from arrest to recognizance not to leaveThe court decided to change measure of restraint against General  Manvel Grigoryan from arrest to recognizance not to leave
Armenia`s NSS revealed another case of extortion on a particularly  large scaleArmenia`s NSS revealed another case of extortion on a particularly  large scale
Hrayr Tovmasyan told Gianni Buquicchio about the situation around the  Constitutional Court of ArmeniaHrayr Tovmasyan told Gianni Buquicchio about the situation around the  Constitutional Court of Armenia
Human Rights Watch presents its vision of state of human rights in  Armenia Human Rights Watch presents its vision of state of human rights in  Armenia 
375 HIV cases detected in Armenia in January-November 2019375 HIV cases detected in Armenia in January-November 2019
Businessman of Armenian descent demands justice from Pashinyan,  telling how a business worth $ 1 mln was taken from him using a fake  signatureBusinessman of Armenian descent demands justice from Pashinyan,  telling how a business worth $ 1 mln was taken from him using a fake  signature
As part of wiretap case, Arthur Vanetsyan and Sasun Khachatryan were  questionedAs part of wiretap case, Arthur Vanetsyan and Sasun Khachatryan were  questioned
Gagik Khachatryan is hospitalizedGagik Khachatryan is hospitalized


Experts
Azerbaijani political scientist: Trump`s decision to neutralize  Suleimani is part of the internal political struggle in the USAAzerbaijani political scientist: Trump`s decision to neutralize  Suleimani is part of the internal political struggle in the USA
Sergey Markedonov: In 2019, Pashinyan demonstrated the ability to  roll with the punchesSergey Markedonov: In 2019, Pashinyan demonstrated the ability to  roll with the punches
Satanovsky: Soleimani became a victim of Trump`s election ambitionsSatanovsky: Soleimani became a victim of Trump`s election ambitions
Lavrov in Baku discussed details of his plan on KarabakhLavrov in Baku discussed details of his plan on Karabakh
Armenian-Indian ties have great potential for development in the pharmaceutical industryArmenian-Indian ties have great potential for development in the pharmaceutical industry
The invasion of Syria is the result of Erdogan`s panic reaction to  problems with the US, EU and NATOThe invasion of Syria is the result of Erdogan`s panic reaction to  problems with the US, EU and NATO
Politician and statesman Masis Mayilyan’s election as Artsakh president is required for Armenia`s breakthroughPolitician and statesman Masis Mayilyan’s election as Artsakh president is required for Armenia`s breakthrough
Fyodor Lukyanov: The fragility of the situation around Karabakh by no  means contain high risks of a warFyodor Lukyanov: The fragility of the situation around Karabakh by no  means contain high risks of a war
By creating a counterbalance to the 102nd base, Turkey will claim for ousting Russia from the South CaucasusBy creating a counterbalance to the 102nd base, Turkey will claim for ousting Russia from the South Caucasus
Rachya Arzumanyan: Former power in Artsakh today solves the problem  of its own reproductionRachya Arzumanyan: Former power in Artsakh today solves the problem  of its own reproduction
Edmon Marukyan: We are doing everything to ensure that there is more  America in ArmeniaEdmon Marukyan: We are doing everything to ensure that there is more  America in Armenia
View from Baku: Small amounts of US aid to Armenia are conditioned by  the latter`s membership in the CSTOView from Baku: Small amounts of US aid to Armenia are conditioned by  the latter`s membership in the CSTO
Academician: Europe`s soft line towards Turkey is explained by the  problem of refugeesAcademician: Europe`s soft line towards Turkey is explained by the  problem of refugees
Expert: Washington increases military component of its pressure on  IranExpert: Washington increases military component of its pressure on  Iran
NKR Foreign Minister: Future President of Artsakh should not be  associated with money and weaponsNKR Foreign Minister: Future President of Artsakh should not be  associated with money and weapons
Artsakh Foreign Minister: There are still no grounds for positive  expectations from the talksArtsakh Foreign Minister: There are still no grounds for positive  expectations from the talks
Alexey Malashenko: Alexey Malashenko: "It doesn`t matter to us who is in power in  Armenia, we will agree, all are our fellows"
Muslim Armenians in terrorist networks is a serious wake-up call for ArmeniaMuslim Armenians in terrorist networks is a serious wake-up call for Armenia
Analyst: Armenia has not realized what happened in St. PetersburgAnalyst: Armenia has not realized what happened in St. Petersburg
 Forecast: Turkey`s classification by US think tanks as a Forecast: Turkey`s classification by US think tanks as a "formal ally" will lead to increase of the importance of the South Caucasus countries
Wojciech Goretski: If Moscow could control April the war to the end, in Karabakh would have stood the Russian peacekeepersWojciech Goretski: If Moscow could control April the war to the end, in Karabakh would have stood the Russian peacekeepers
Forecast: Yerevan`s Forecast: Yerevan`s "flight" from Moscow is unlikely
State Minister: Artsakh`s economy needs investment rather than assistanceState Minister: Artsakh`s economy needs investment rather than assistance
Arayik Harutyunyan: We will in civilized manner put in their place all those who try to destabilize the situation in ArtsakhArayik Harutyunyan: We will in civilized manner put in their place all those who try to destabilize the situation in Artsakh
Hrachya Arzumanyan: There are three scenarios of Artsakh settlement in the 21st centuryHrachya Arzumanyan: There are three scenarios of Artsakh settlement in the 21st century
Armenia conducts equally open policy both in relations with the West  and RussiaArmenia conducts equally open policy both in relations with the West  and Russia
Kiro Manoyan: Armenia-Artsakh military-political agreement will be a  yellow card for AzerbaijanKiro Manoyan: Armenia-Artsakh military-political agreement will be a  yellow card for Azerbaijan
Ukrainian analyst: Zelensky`s victory is another catastrophic defeat  for Putin`s Russia in UkraineUkrainian analyst: Zelensky`s victory is another catastrophic defeat  for Putin`s Russia in Ukraine
Karabakh negotiation process has entered so-called “Cyprus path” when geopolitical players appeared in the regionKarabakh negotiation process has entered so-called “Cyprus path” when geopolitical players appeared in the region
Andrey Pyatakhin: Operators in Armenia are competing today for Internet rather than for voiceAndrey Pyatakhin: Operators in Armenia are competing today for Internet rather than for voice
Commented
MP: In Armenia, the media turn into a weapon of political struggle in  the information warMP: In Armenia, the media turn into a weapon of political struggle in  the information war
ICG representative: In order find a compromise on new settlements,  legalistic approach should be abandoned and the issue should be  considered in political frameworkICG representative: In order find a compromise on new settlements,  legalistic approach should be abandoned and the issue should be  considered in political framework
Robert Kocharyan`s supporter, who suggested that  witness in criminal  case refuses to testify, was detainedRobert Kocharyan`s supporter, who suggested that  witness in criminal  case refuses to testify, was detained
Forecast: The US administration may move towards the recognition of  the Armenian GenocideForecast: The US administration may move towards the recognition of  the Armenian Genocide
 Robert Kocharian: The stage of tactical expectation has passed,  Armenian society is entering a phase of active operations Robert Kocharian: The stage of tactical expectation has passed,  Armenian society is entering a phase of active operations
A look from Jerusalem: Armenia is busy with internal problems and  looks at the rest of the world very littleA look from Jerusalem: Armenia is busy with internal problems and  looks at the rest of the world very little
The desecration of the monument to Griboedov in Yerevan: A worthy  answer for Nzhdeh or the voiced slap in the face of the Armenian  people?The desecration of the monument to Griboedov in Yerevan: A worthy  answer for Nzhdeh or the voiced slap in the face of the Armenian  people?
Lavrov in Baku discussed details of his plan on KarabakhLavrov in Baku discussed details of his plan on Karabakh
Nzhdeh memorial plaque dismantled in ArmavirNzhdeh memorial plaque dismantled in Armavir
Oppositionist: Wishing good luck to the Pashinyan government, we are  not going to give up criticism of his workOppositionist: Wishing good luck to the Pashinyan government, we are  not going to give up criticism of his work
MP: Robert Kocharyan`s lawyers are doing everything possible to avoid  the start of the trial MP: Robert Kocharyan`s lawyers are doing everything possible to avoid  the start of the trial 
Armenian President received head of Georgia`s Partnership FundArmenian President received head of Georgia`s Partnership Fund
Wording on Karabakh is reflected in final declaration of II Baku  Summit of World Religious LeadersWording on Karabakh is reflected in final declaration of II Baku  Summit of World Religious Leaders
US Senator blocked vote on draft Armenian Genocide resolution in  upper house of US CongressUS Senator blocked vote on draft Armenian Genocide resolution in  upper house of US Congress
Official Baku reacted to the words of Sergey Lavrov in YerevanOfficial Baku reacted to the words of Sergey Lavrov in Yerevan
Serzh Sargsyan: Real democracy was a response to populism, which  posed a serious challenge to many countries of the worldSerzh Sargsyan: Real democracy was a response to populism, which  posed a serious challenge to many countries of the world
Pashinyan about the reasons for Hayrapetov`s dismissalPashinyan about the reasons for Hayrapetov`s dismissal
Russian Embassy in Armenia has responded to the report Russian Embassy in Armenia has responded to the report "The presence  of the Russian base in Armenia, and its impact on the human rights  situation in the country"
Nikol Pashinyan: Unfortunately, in our country, a general trend today  leads to the rejection of spiritualityNikol Pashinyan: Unfortunately, in our country, a general trend today  leads to the rejection of spirituality
Cavusoglu and Pompeo discuss resolution on Armenian GenocideCavusoglu and Pompeo discuss resolution on Armenian Genocide
Serzh Sargsyan: if by arresting me our people become happy, let them  arrest meSerzh Sargsyan: if by arresting me our people become happy, let them  arrest me
US adopted resolution recognizing Armenian GenocideUS adopted resolution recognizing Armenian Genocide
Working visit  of Artsakh Foreign Minister to Washington has startedWorking visit  of Artsakh Foreign Minister to Washington has started
Armen Sarkissian expressed condolences to Vladimir Putin over the  tragedy in the Krasnoyarsk TerritoryArmen Sarkissian expressed condolences to Vladimir Putin over the  tragedy in the Krasnoyarsk Territory
Andranik Kocharyan states Armenian Second President`s Defense  deliberately delays lawsuitAndranik Kocharyan states Armenian Second President`s Defense  deliberately delays lawsuit
Yerevan: Azerbaijan wants to get Artsakh without its indigenous  populationYerevan: Azerbaijan wants to get Artsakh without its indigenous  population
Expert: I don`t understand why the second President of Armenia Robert  Kocharian is charged only in the case of March 1, 2008Expert: I don`t understand why the second President of Armenia Robert  Kocharian is charged only in the case of March 1, 2008
Israeli political scientist: Turkey`s obvious aggressiveness gives  Armenia a stabilizing importanceIsraeli political scientist: Turkey`s obvious aggressiveness gives  Armenia a stabilizing importance
Politician and statesman Masis Mayilyan’s election as Artsakh president is required for Armenia`s breakthroughPolitician and statesman Masis Mayilyan’s election as Artsakh president is required for Armenia`s breakthrough
Robert Kocharian: I am ready to continue the fight even from the  prison cellRobert Kocharian: I am ready to continue the fight even from the  prison cell
Search by date