If you missed our recent webcast on:
Hybrid R&D - The Path to Breakthrough Innovation
click here for a pdf version: Hybrid R&D Webcast - Final.pdf
For those companies operating in mature markets, the challenge of rapid growth comes down to a numbers game. When my core markets are growing at 1% to 3% per year, how do I grow at a higher rate that attracts outstanding employees and satisfies my shareholders? In recent years, it has become clear that there are four pillars to building an Innovation Management Ecosystem that can generate a stream of differentiated, profitable new products in a rapid and efficient manner: These business processes are:
- Portfolio Management - Are we working on the right projects to align with strategy and maximize value?
- Ideation - Do we generate ideas and concepts within our strategic arenas that will fill our innovation pipeline?
- Idea to Launch - Are we rapidly and effectively moving new ideas through our pipeline to launch?
- Resource Planning - Are the right people working on the right projects when needed?