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Innovation

23 Jan

What is Process Innovation? Definition, Benefits, and Best Practices

by Robyn Silber
in Innovation, Types of Innovation
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[vc_row][vc_column width="2/3"][vc_column_text] Process Innovation Defined [/vc_column_text][vc_empty_space height="22px"][qodef_blockquote text="Process Innovation refers to the implementation of new or significantly improved production or delivery methods to enhance efficiency, reduce costs, and increase productivity. It involves optimizing workflows, leveraging advanced technologies, and adopting innovative strategies to streamline operations across various industries." title_tag="h3" width="100%"][vc_empty_space height="22px"][/vc_column][vc_column width="1/3"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] A Classic Example of Process Innovation: [/vc_column_text][vc_empty_space height="22px"][vc_column_text]Perhaps the most well-known Process Innovation of our time is Henry Ford’s adoption of the production assembly belt, to halve the number of workers required and reduce the time to assemble each Model T.  This historic invention exemplifies the core goal of Process Innovation: streamlining operations and reducing costs to enhance productivity. By harnessing new technologies and refining processes, businesses can improve the efficiency of product and service delivery. The introduction of the assembly line not only revolutionized industrial mass production but also laid the foundation for economies of scale. Process Innovation is not just limited to...

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21 Jan

Sustainability Innovation in Agriculture

by Matthew Heim
in Innovation, Innovation Challenge, Innovation Strategy Services
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[vc_row][vc_column][vc_column_text]A Path to Sustainable Growth:[/vc_column_text][vc_column_text] Conservation and Biodiversity in Corporate Food Production [/vc_column_text][vc_empty_space height="10px"][vc_column_text]In a world increasingly aware of the environmental impact of human activity, the corporate food industry stands at a critical crossroads. Agriculture and food production are among the largest contributors to biodiversity loss, deforestation, and climate change. Yet, they also hold immense potential to drive meaningful innovative change by embracing conservation-focused practices and prioritizing biodiversity.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space height="10px"][qodef_separator position="center" color="#e2e2e2" width="100%" thickness="2"][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space height="30px"][vc_row_inner][vc_column_inner width="1/4"][vc_single_image image="17607" alignment="right" style="vc_box_shadow_circle"][/vc_column_inner][vc_column_inner width="3/4"][vc_empty_space height="20px"][vc_column_text css=".vc_custom_1737477443567{border-radius: 2px !important;}"]"Sustainability represents the foremost innovation priority for modern businesses. Even small, collective efforts by individual companies can result in a profoundly significant impact." - Matthew Heim, Ph.D.[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space height="10px"][qodef_separator position="center" color="#e2e2e2" width="100%" thickness="2"][/vc_column][/vc_row][vc_row][vc_column width="5/6"][vc_empty_space height="20px"][vc_column_text] Why Biodiversity Matters in Food Production [/vc_column_text][vc_column_text]Biodiversity is the backbone of our ecosystems, supporting essential processes like pollination, soil fertility, water purification, and pest control. In corporate food production, biodiversity ensures the resilience of agricultural systems, safeguarding crops against...

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16 Jan

Neural Networks: Transforming Industries Over the Next 5 Years

by Dave Jones
in Chemicals & Materials, CPG Industry, Defense & Aerospace Industry, Energy Industry, Innovation, Technology, Technology Landscape
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[vc_row][vc_column][vc_column_text] Revolutionizing Industry: The Five-Year Impact of Neural Networks on Key Sectors [/vc_column_text][vc_empty_space height="10px"][vc_empty_space height="10px"][vc_column_text]Neural networks, the backbone of artificial intelligence, have progressed from theoretical frameworks to indispensable tools reshaping industries. These computational models, inspired by the human brain, excel at pattern recognition, predictive analytics, and automation, offering unparalleled solutions to complex challenges. Over the next five years, advancements in hardware, algorithms, and data accessibility will accelerate the adoption of neural networks, driving transformative change across Consumer Packaged Goods (CPG), Aerospace, Energy, and the Chemical Industry. This forecast explores the potential of neural networks to revolutionize these critical sectors, addressing key applications, opportunities, and challenges ahead.[/vc_column_text][vc_empty_space height="10px"][qodef_separator position="center" color="#d6d6d6" width="100%" thickness="2 px"][vc_empty_space height="10px"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Impacts of Neural Networks by Industry [/vc_column_text][vc_empty_space height="20px"][vc_column_text] Consumer Packaged Goods (CPG) – Including Food and Beverage [/vc_column_text][vc_empty_space height="10px"][vc_column_text] Consumer Packaged Goods (CPG) Industry - Personalized Consumer Experiences: Neural networks will enable hyper-personalized marketing strategies by analyzing consumer behavior and preferences in real time. Brands can...

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14 Jan

What is Sustainable Innovation? Definition, Examples and Best Practices

by Robyn Silber
in Innovation, Types of Innovation
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[vc_row][vc_column width="2/3"][vc_column_text] What is Sustainable Innovation? [/vc_column_text][vc_empty_space height="22px"][qodef_blockquote text="Sustainable innovation is the application of new ideas to create value while prioritizing benefits for both people and the planet." title_tag="h3" width="100%"][vc_single_image image="19424" img_size="full" alignment="center" onclick="custom_link" img_link_target="_blank" link="//ezassi.com/wp-content/uploads/2025/01/Sustainable-Innovation-venn.pdf"][/vc_column][vc_column width="1/3"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Professor Rajesh Chandy, a Professor at the London Business School, breaks down Sustainable Innovation into its component parts.  What is Innovation? The application of a new idea to create value. Sustainability? This involves creating value for people and the planet. The world faces serious environmental, economic, and social challenges. It is the job of corporations, government, regulators, and individuals to meet the legitimate aspirations of the world's population in a way that the earth and society can bear and that will also allow the planet and society to flourish.  The UN’s Sustainability goals are broader and more ambitious than any one country or company. The complexity of the issues facing the world in 2025 are not solvable by a...

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10 Jan

Drive Innovation: 8-Steps to Launch and Run a Startup Accelerator

by Matthew Heim
in Innovation, Innovation Strategy Services
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[vc_row][vc_column][vc_column_text] Your Primer for Startup Acceleration [/vc_column_text][vc_empty_space height="22px"][vc_column_text]Startup acceleration has been getting a lot of buzz lately in the realm of strategic innovation. Startup accelerators are emerging as almost commonplace with larger companies, and are used to foster innovation, support new, blossoming ideas, and build mutually beneficial relationships with those external entities that promise to bring new disruptive capabilities to market. Companies that cannot set up their own accelerators have access to a number of third-party Accelerators-as-a-Service. Startup acceleration, which differs from startup incubation, is designed to be a short sprint, allowing companies to select a few candidates based on specific needs or domain expertise, and provide the selected startup candidates with resources and time (typically 3-6 months) to develop a proof-of-concept, or pitch, resulting in either a go or no-go decision. Startups that are selected through the acceleration process may either be incubated (typically 1-5 years using various forms of funding), be...

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08 Jan

What is Business Model Innovation?

by Stephanie Creech
in Innovation, Innovation Software, Innovation Solutions, Innovation Strategy Services, Open Innovation, Technology, Types of Innovation
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[vc_row][vc_column][vc_column_text] A Guide to Business Model Innovation [/vc_column_text][vc_empty_space height="20px"][vc_column_text]Business model innovation is a competitive strategy offering organizations a way to redefine their value proposition, operational structure, and revenue streams. In this guide, we’ll explore what business model innovation entails, why it’s critical for success, and how innovation management leaders can leverage software tools and strategic services to guide transformational growth.[/vc_column_text][vc_empty_space height="30px"][vc_column_text] What is Business Model Innovation? [/vc_column_text][vc_empty_space height="10px"][qodef_blockquote text="Business model innovation is the process of reinventing how a company delivers value to its customers and captures profits. Unlike product or process innovation, it focuses on altering the framework of business operations, including customer engagement, revenue generation, and cost management." title_tag="h3" width="75%"][vc_empty_space height="30px"][/vc_column][/vc_row][vc_row][vc_column][qodef_separator position="center" color="#dddddd" width="100%" thickness="2 px"][vc_empty_space height="10px"][vc_column_text] Why It Matters: [/vc_column_text][vc_empty_space height="5px"][vc_column_text] Adapts to disruptive technologies Enhances market differentiation Unlocks new revenue opportunities [/vc_column_text][vc_empty_space height="10px"][qodef_separator position="center" color="#dddddd" width="100%" thickness="2 px"][vc_empty_space height="30px"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Key Elements of Business Model Innovation [/vc_column_text][vc_empty_space height="5px"][vc_column_text]To succeed in business model innovation, organizations must address these core components: Value Proposition...

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02 Jan

5 Year Forecast – Digital Twins

by Dave Jones
in CPG Industry, Defense & Aerospace Industry, Energy Industry, Technology
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[vc_row][vc_column][vc_column_text] How Digital Twins Technology is Impacting Industry Innovation and Driving Change [/vc_column_text][vc_empty_space height="12px"][vc_column_text] Digital Twins enable simulation, testing, and optimization across industries like CPG and Manufacturing, Aerospace & Defense, and Energy. [/vc_column_text][vc_empty_space height="22px"][vc_column_text]Innovative companies across various industries are increasingly recognizing the transformative potential of digital twin technology. By creating virtual replicas of physical assets, processes, or systems, businesses can simulate, analyze, and optimize their operations in a risk-free digital environment.[/vc_column_text][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column width="1/4"][vc_column_text] Key benefits driving the adoption of digital twins include: [/vc_column_text][vc_empty_space height="12px"][vc_single_image image="19327" img_size=""][/vc_column][vc_column width="3/4"][vc_column_text] Enhanced Product Design and Innovation: Digital twins enable companies to simulate and evaluate new designs under various conditions without the need for physical prototypes. This approach accelerates the design process, reduces costs, and promotes resource efficiency. Predictive Maintenance and Optimization: By continuously monitoring the performance of equipment through digital twins, businesses can predict potential failures and schedule maintenance proactively. This strategy minimizes downtime, extends asset lifespan, and enhances operational efficiency. ...

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30 Dec

Revolutionizing Industries: How Smart Materials Will Redefine Key Industries in the Next 5 Years

by Dave Jones
in Chemicals & Materials, CPG Industry, Defense & Aerospace Industry, Energy Industry, Food and Beverage Industry, Innovation, MedTech & Life Sciences Industry, Open Innovation, Technology, Technology Landscape
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[vc_row][vc_column][vc_column_text] The Game-Changing Potential of Advanced Materials [/vc_column_text][vc_column_text] The Future of Advanced Materials in Consumer Goods, Energy, and Emerging Technologies [/vc_column_text][vc_empty_space height="10px"][vc_column_text]In the fast-paced world of technology, advanced materials are playing a pivotal role in reshaping industries. From consumer packaged goods (CPG) and life sciences to energy, defense and aerospace, innovations in materials science—such as self-healing polymers, bio-based materials, and nanostructures—are enabling groundbreaking applications. These materials promise lighter, stronger, and more sustainable solutions, driving innovation while addressing critical global challenges like climate change, resource scarcity, and health care needs. Over the next five years, the integration of advanced materials will enhance products in sectors as diverse as packaging, renewable energy, and defense systems. This blog will explore how advanced materials are driving innovation and reshaping the future of these industries.[/vc_column_text][vc_empty_space height="10px"][qodef_separator position="center" color="#d6d6d6" width="100%" thickness="2 px"][vc_empty_space height="10px"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Innovations Shaping the Future of the CPG Food & Beverage Industry Key Impact Areas: Sustainable Packaging, Enhanced Food Safety, and...

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11 Dec

What is Technology Innovation?

by Stephanie Creech
in Innovation, Innovation Software, Technology, Types of Innovation
Comments

[vc_row][vc_column][vc_column_text]Technology innovation is creating, enhancing, and applying novel tools, systems, processes, and technologies that drive transformative advancements across various industries. This dynamic process involves leveraging expertise, research, and resources to develop groundbreaking solutions that address challenges, optimize efficiencies, and generate value. From incremental improvements to disruptive breakthroughs, technology innovation is a catalyst for progress and competitiveness. At its core, technology innovation bridges creativity with functionality. It is not limited to inventing new devices or software; it also includes rethinking existing technologies and adapting them to solve emerging problems. This makes it a cornerstone of sustainable growth and a key driver of societal, economic, and industrial evolution.[/vc_column_text][vc_empty_space height="10px"][/vc_column][/vc_row][vc_row][vc_column][qodef_separator position="center" color="#dddddd" width="100%" thickness="2 px"][vc_empty_space height="10px"][vc_column_text] Why Technology Innovation Matters [/vc_column_text][vc_empty_space height="5px"][vc_column_text] Solving Complex Problems Technology innovation enables organizations to tackle pressing challenges, whether improving healthcare access, reducing environmental impact, or enhancing global connectivity. It turns abstract ideas into practical solutions that create tangible benefits for businesses and...

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10 Dec

What is Continuous Innovation? Definition, Examples and Management

by Robyn Silber
in Innovation, Innovation Software, Innovation Solutions, Types of Innovation
Comments

[vc_row][vc_column][vc_column_text]Thriving companies don’t sit back and enjoy their success; they are constantly innovating. It is not always the sensational, market-shifting, disruptive innovations that companies invest in, but the commitment of substantial resources to Continuous Innovation.[/vc_column_text][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column width="2/3"][vc_column_text] What is Continuous Innovation? [/vc_column_text][vc_empty_space height="22px"][qodef_blockquote text="Continuous innovation is an organizational approach of consistently generating, testing, and implementing new ideas across products, services, and processes. It creates a dynamic culture of ongoing improvement, where innovation isn't a one-time event but a perpetual strategic commitment to adaptation, learning, and value creation." title_tag="h3" width="100%"][vc_empty_space][/vc_column][vc_column width="1/3"][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space height="22px"][vc_row_inner][vc_column_inner width="1/4"][qodef_button size="" type="" hover_animation="" target="_blank" icon_pack="font_awesome" fa_icon="fa-check-circle" font_weight="" text="R&D Reports" link="//ezassi.com/open-innovation-management-services/technology-discovery-market-analysis/"][/vc_column_inner][vc_column_inner width="1/2"][vc_column_text]Innovative organizations allocate resources to adjust, tweak and revise products, services, ideas, and methods to maintain their competitive edge.[/vc_column_text][/vc_column_inner][vc_column_inner width="1/4"][qodef_button size="" type="" hover_animation="" target="_blank" icon_pack="font_awesome" fa_icon="fa-check-circle" font_weight="" text="IDEA BOX" link="//ezassi.com/idea-box-internal-external-ideation/"][/vc_column_inner][/vc_row_inner][vc_empty_space height="42px"][vc_row_inner][vc_column_inner width="1/2"][vc_column_text] The Rules of Continuous Innovation: Adaptability, Learning, and Growth [/vc_column_text][vc_empty_space height="22px"][vc_column_text]It’s not just companies that are constantly innovating.  The world of competitive...

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