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This whitepaper provides guidance on how to successfully implement a governance framework around Horizon 2 (H2) opportunities. H2 focuses on identifying and transforming favorable innovations into viable prototypes through a development infrastructure, with leaders often finding its management complexity challenging. Success in H2 necessitates a commitment to fostering an organizational culture that embraces failure, supports […]
Stephanie Hartwig et al.
Overview: To maximize the rent-yield of the innovation and product development process, firms attempt to commercialize knowledge through activities that require effective knowledge transfer. Knowledge transfer remains a challenge for most firms, however, due to the recipient organization’s lack of ability to absorb and apply new knowledge. We examined four knowledge-transfer projects within a large multinational corporation. We identified important actions, lessons learned, and recommendations that practitioners can use to enhance their own knowledge-transfer processes.
Adis Murtic et al.
Overview: This article presents the findings of an Innovation Research Interchange (IRI) study on practices and outcomes in new product (NP) portfolio management. Given the substantial investments in R&D and the consequential impact on the business’s future, effective portfolio management decisions play a pivotal role in achieving business success. Portfolio decisions influence R&D productivity, the success rates of new products, and several other performance metrics related to NPD.
Robert Cooper et al.
Outlines the legal issues your company may face when rolling out a large language model.
Tools and Techniques, Managing Emerging Technologies, Organization and Future of Work
Innovation Research Interchange
Presentation by Gracy Wingkono
Portfolio Management, Sustainability and ESG
Explore the shift from traditional industrial to digital business models and the growing importance of AI as a source of competitive advantage. You will delve into emerging business model archetypes that leverage AI, examining their effectiveness, current users, and underlying assumptions. The workshop examines these models through the lens of economic flywheels and competitive control, featuring practical examples from the instructor’s real-world experiences. Gain the knowledge and confidence to harness AI’s potential for creating new business models, positioning your company for success in the evolving digital landscape.
Business Model Innovation, Tools and Techniques
As we enter the fourth quarter of 2023, data on the economy continues to be mixed. The manufacturing sector both challenged in many ways, and yet, the economy has proved to be quite resilient. There have also been significant investments in the sector which provide optimism for the future. NAM Chief Economist Chad Moutray will provide insights on what the economic numbers suggest, including the forecast for 2024 and beyond.
Climate change is expected to affect every country in the world, but not all regions are equally impacted. Data from climate science, including precipitation, wind, temperature, drought, and sea level rise, assist with identifying locations with the greatest climate change impacts. Such data can then be used to fuel engineering solutions and provide climate resilience opportunities in the short- and long-terms.
Sustainability and ESG
2023 Innovators Summit – The Innovation Team’s Role in Shaping Organizational Generative AI Strategy and Implementation
Discover the role of innovation teams in adopting generative AI across your organization. In this interactive session, we will explore strategic guidance and decision-making processes that innovation teams can use to contribute to their organization. Participants will gain insights and explore ethical aspects, best practices, and potential obstacles when incorporating generative AI into an organization’s framework. By prioritizing responsible implementation, our aim is to equip you with the knowledge and tools that can help you to effectively utilize generative AI.
Technology Roadmapping, Employee Innovation
Dr. Jaap De Vries
This workshop is intended to give both new and experienced AI users the tools to become more productive as professionals and to achieve deeper learning on the topics in which they are most interested. We will set the stage for where AI is today and where it is headed, how you can decipher the best products from a burgeoning array of new AI offerings, how to perform real practical examples of things you can accomplish in minutes as opposed to days, how to ensure that the results of your AI journey benefit both you and your organization rapidly, and how you can easily keep up with the advances in this technology and stay at the cutting edge of learning.
Tools and Techniques
2023 Innovators Summit – R&D Product Development Innovation Management Application of Collabortive Tools and Dashboards
Innovation management and team empowerment benefit greatly from the use of dashboards and collaborative tools like Google platforms, which allow for consolidated, open information accessible to all team members, linked to projects, budgets, and potential intellectual property. These tools empower category leaders to adapt plans quickly as needed and facilitate full ownership of projects that align with the corporate strategic innovation pillars. Learn about the successful development and adoption of this system at Colgate-Palmolive, driven by a collaboration between a senior leader with extensive R&D experience and an early-career scientist, both keen to embrace emerging technologies for focused R&D innovation leadership.
Digital Innovation, Tools and Techniques, New Product Development
Yumiko Garcia et al.
Learn about the major challenges in sustainability, with an opportunity to delve into potential solutions through cross-sector collaboration and innovation. The focus will be on understanding the circular economy, decarbonization, chemicals of concern, and social issues, providing you with comprehensive insights and tools to tackle these key issues.
Sustainability and ESG, Alliances and Collaborations
Jamie Pero Parker