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How do you transform a classical R&D unit into a profitable company builder?   In this weeks "Collaborative Advantage in Action", we take a look at the surprising transformation at Osram - and how the decision to kill more than 80% of innovation projects helped them succeed.

Recalling the days when innovation was easy to understand and very beneficial? Every new discovery back then seemed to directly affect our day-to-day existence, adding convenience and ease without going overboard with complexity. Let's strive to harness the spirit of those good old days as we continue to innovate, creating solutions that are not only cutting-edge but also genuinely make life better for everyone. #SimpleInnovation

What is the real meaning of Innovation Strategy these days?

Have you heard of a Knowledge Transfer Partnership? Reece Thompson joins Lionweld Kennedy from Teesside University on a Knowledge Transfer Partnership or a KTP to lead a culture of innovation within our product offering. We spoke with Reece to learn more about his firsthand experiences within the partnership, what this means for both Reece and Lionweld Kennedy and what a KTP actually involves. Read more about it in our recent blog: https://lnkd.in/gz9Zrui8

“We have to stop focusing on incremental innovation.” This recent quote from a client describes the problem many companies face right now: Pre-COVID you had a good innovation pipeline. During COVID you had to focus on keeping products on the shelves and couldn’t think ahead much. Post-COVID you now have an near-empty innovation pipeline and you’re resorting to low risk, incremental innovation that isn’t sustainable or profitable. With ProdigyWorks, we are category agnostic and can help you replenish your NPD pipeline with not only new products, but new processes, white spaces, and futuring in a way no one else can. The in-market success of ProdigyWorks is astounding. We’d love to help you! Tim Hoskins, President, Quester Ted Curtin Alexandra Menk

Every spark in our projects is a hint of the innovation to come.

The innovation supply chain refers to the series of steps involved in taking an innovative idea from its initial conception to a fully developed product or service available in the end-user market. This process involves multiple stages, each critical to transforming theoretical or experimental concepts into viable market offerings. For example, the “Valley of Death” represents the most significant gap in the innovation supply chain. At Brazos Innovation Partners we specialize in identifying the specific gaps faced and deploying solutions required to solve them. 

How tecnological innovations can improve the life of many who are physically disabled.

We believe in Technology

How often do you think about innovation?💡 Although usually treated as something to do when the existing model begins to falter, continuous innovation is the key to success. Discover the 12 questions you should be asking about innovation in this week's four-i: https://lnkd.in/eGw79__h