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digital twin convergence in the chemical sector

Breaking the mold – using the power of convergence to accelerate growth – a review

Convergence of technologies creates the opportunity for disruptive business models, Steve Bone reviews an article in Prism which identifies a number of potential scenarios for the chemical industry. 

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Financial benefits of moving from products to product-services

Manufacturing companies have increasingly shifted towards offering industrial product-services. Authors of this paper report that although simple add-on services offer a limited impact, more advanced services are significantly associated with positive financial performance.

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Innovation provides competitive advantage

How 100 innovative companies outperformed the competition

The practices of 100 innovative companies were reviewed in this paper, which looks at how innovation has become a major brand differentiator.

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elevator company Orona evaluatedInnovation management tools

ORONA finding the right innovation management tools for SMEs

Orona-EIC made an analysis of the impact of particular Innovation Management Tools on its cooperative research model. It found the most valuable tools to be: collaborative project management, portfolio management, roadmapping, scenario techniques.

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Technology roadmapping – a framework for evolution and revolution

Technology roadmapping – a framework for evolution and revolution – a review

A ‘fast-start’ method for technology roadmapping discussed in this paper, provides a means for improved understanding of the architecture of roadmaps and for rapidly initiating roadmapping in a variety of organizational contexts, says Clare Farruk

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STM Framework Wheel

Developing industrially relevant strategic technology management toolkits – a review

The collaborative industrial-academic development of management toolkits is still a novel concept, writes Clare Farrukh. She introduces a paper that discusses the potential of these tools.  Key principles for developing

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design thinking

The Right Way to Lead Design Thinking – a review

Design thinking is challenging because it involves something more fundamental than managing change: It involves discovering what change is needed. Rick Mitchell has found this paper in Harvard Business Review of interest.

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online ideation

Improving objectiveness of idea selection

With the increase in use of online ideation platforms to harness creativity, it is important that ideas are fairly judged, without bias, and that the truly best ones bubble up to the top, comments Phil Kennedy.

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HOW SUCCESSFUL USE OF ABSORPTIVE CAPACITY ADDS VALUE

How successful use of Absorptive Capacity adds value

The most effect bringers of new external ideas into an organisation, comments Phil Kennedy are individuals that are not only tech-savvy but business-savvy. He reviews a paper on absorptive capacity and offers learning points for new product development.

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Peter Robbins

Managing the Front End of Innovation – could Goal Orientation hold the key?

The leadership style of the innovation team leader – learning goal or performance goal – sets the team’s ambition for front-end innovation, Peter Robbins found; “for genuinely novel, original ideas a learning motivation is needed.”

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Geerten van de Kaa

Who’s pulling the strings? The influence of network structure on standard dominance

Why do some industry standards become widely accepted and others sidelined?  This was one of the questions addressed by Geerten van de Kaa and colleagues in a paper about the role of networks in supporting dominance of some standards.

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Roadmapping as the backbone for an innovation management system

Combining Roadmapping with Strategy and Innovation Tools: a backbone for an Innovation Management System

By integrating strategic, tactic and operational perspectives of innovation a model can be developed that promotes a structured approach to innovation management

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