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Open Innovation

ignite innovative culture

[vc_row][vc_column][vc_column_text]This year is full of potential for innovative growth in your organization.  Ezassi is your partner in measurable and achievable business goals with the help of our innovation software and services. Innovative culture is not something you can turn on or off, rather it develops with time, intentionality, and synergy. Attract the right kind of talent and provide the motivation for a sustainable, confident innovative culture. If the right mechanisms are put in place, including KPIs, rewards, and specific processes to drive successful innovation, then your organization will find value ideating, working beyond a job role, risk taking, failing fast, and growing strong partnerships of collaboration. We propose you ask these twelve strategic planning questions and consider the resolutions for energizing your organization’s innovative culture. This is a month-by-month prompt to spark the innovative spirit of your company and illuminate a brighter innovation portfolio this year.[/vc_column_text][vc_empty_space height="42px"][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Resolutions to Ignite a Culture...

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smart grid

[vc_row][vc_column][vc_column_text] Innovative Solutions for Big Energy [/vc_column_text][vc_empty_space height="22px"][vc_column_text]The electric grid needs modernizing to support our expanding e-economy and national security. Innovative solutions for the energy sector are increasingly powered by collaborations across researchers, government officials and companies looking to harness emerging renewable technologies, update control systems and computing, and find new materials and methods to design regional energyshed management systems for a modern, efficient and de-carbonized grid. Adjacent technologies impacting the energy industry can be harnessed by collaborative project teams of engineers and leading organizations who seek to modernize power systems and continue to utilize renewable resources. Let’s plug in to some current topics in this sector.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="5/6"][vc_empty_space][vc_column_text] Power Hungry Industries  [/vc_column_text][vc_empty_space height="22px"][vc_column_text]The global economy will continue to demand more power and with that growth, greater energy security. Conventional power plants requiring energy sources from coal, natural gas, and nuclear should increasingly look to integrate renewable technologies like solar, wind, hydroelectric, geothermal, and biomass...

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[vc_row][vc_column][vc_empty_space height="22px"][vc_column_text]In the global race for innovation, industry leaders are speeding ahead in the engineering fields of satellites, rockets, robotics, drones, motorsports, and the future of mobility. It’s no longer enough to just keep the pace of your competitors. The objective is to outperform and outmaneuver, blazing the trail to new frontiers with faster, more cost-effective innovation solutions.  [/vc_column_text][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column width="2/3"][vc_column_text] The Race to Space : Launch Collaboration  [/vc_column_text][vc_empty_space height="22px"][vc_column_text]There’s no bigger frontier for growth than space, and it takes an incredible team to assemble a successful mission. Rocket Lab, together with General Atomics, NOAA, and France’s National Center for Space Studies, completed an 8th launch in October 2022 to deliver a satellite to collect crucial global data from thousands of transmitters. The analysis of this physical and biological data will help scientists better understand the planet’s climate and biodiversity, as well as assist with maritime security, pollution tracking, and humanitarian assistance. You don’t have...

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[vc_row][vc_column][vc_column_text] Revolutionize the Future of Personalized Healthcare with Collaborative Medical Diagnostic & Treatment Technologies [/vc_column_text][vc_empty_space height="22px"][vc_column_text]Bioconvergence is the merging and progress of the collaborative knowledge, research, and innovation in the fields of biology and technology.  There are limitless solutions for improved healthcare outcomes through the confluence of the latest research and skills from life scientists, molecular engineers, robotics, medical professional pioneers, and information technology experts. Bioconvergence is the future of global healthcare, so understanding some of the important discoveries and key research disciplines will better prepare future-looking companies in the Medical Devices, Pharmaceutical, Biotech, and Healthcare industries for substantial innovative change. Managing the workflow and relationships in this network of solvers requires a dynamic Innovation Resource Management platform. Let’s explore some of these technologies and partnerships.[/vc_column_text][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Bioprinting, Tissue Engineering & Regenerative Medicine [/vc_column_text][vc_empty_space height="22px"][vc_column_text]Biomedical engineering continues to disrupt health care and positively impact patient outcomes. 3D bioprinting and regenerative engineering are growing industries...

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ideation objectives

[vc_row][vc_column width="2/3"][vc_column_text] Top 5 Ideation Objectives for Innovation [Infographic] [/vc_column_text][vc_column_text]  Both a Nobel Prize winner in Chemistry and Nobel Peace Prize recipient, Linus Pauling believed, “The best way to get a good idea is to have a lot of ideas...

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[vc_row][vc_column][vc_empty_space][vc_text_separator title="Budget Planning for Innovation During Changing Economic Times"][vc_empty_space][vc_column_text]As the budgeting season kicks off, the C-Suites are issuing guidelines and financial targets despite unpredictable market conditions. Their goals for success lie in the adaptability and strength of their resources across the Innovation Portfolio.  From the Harvard Business Review article “An Agile Approach to Budgeting for Uncertain Times,” here are the curated questions your team should ask while planning for projects in the year ahead:[/vc_column_text][vc_empty_space height="22px"][qodef_separator position="center" color="#f2f2f2"][vc_empty_space height="16px"][qodef_icon_with_text icon_pack="simple_line_icons" simple_line_icons="icon-question" icon_position="left" icon_type="normal" icon_size="qodef-icon-small" icon_animation="" icon_margin="10px" text="What are the outcomes that will be most important for strategic success?" text_left_padding="10px"][vc_empty_space height="16px"][qodef_icon_with_text icon_pack="simple_line_icons" simple_line_icons="icon-question" icon_position="left" icon_type="normal" icon_size="qodef-icon-small" icon_animation="" icon_margin="10px" text="Where should resources go? For example, running the business (operations) versus changing the business (innovations)?" text_left_padding="10px"][vc_empty_space height="16px"][qodef_icon_with_text icon_pack="simple_line_icons" simple_line_icons="icon-question" icon_position="left" icon_type="normal" icon_size="qodef-icon-small" icon_animation="" icon_margin="10px" text="Within innovation, what’s the right balance of resources going toward incremental innovation versus breakthroughs?" text_left_padding="10px"][vc_empty_space height="16px"][qodef_icon_with_text icon_pack="simple_line_icons" simple_line_icons="icon-question" icon_position="left" icon_type="normal"...

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technology scouting works harvard business review study

Technology scouting can increase the rate of potential for meaningful innovation, as discussed in the Harvard Business Review. An innovation leader's perspective and insight. A look at what works and what doesn't. Technology scouting automation and technology advancements are key...

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innovation solutions

Innovation can also come in the form of new types of services that offer improvements on old ways of doing things, meet previously unidentified needs or fill gaps in the market. More often, innovation solutions use technology to support and dispatch new services...

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[vc_row][vc_column][vc_column_text] Innovation in Consumer Packaged Goods [/vc_column_text][vc_empty_space][vc_column_text]The CPG and Food & Beverage Industries must continuously innovate to keep their market share and follow fluctuating consumer demands, all while functioning profitably in a manufacturing environment that depends on endless factors: supply chain availability, maintenance, repair and operations (MRO) of production facilities, workforce reliability, and the integration of AI enabled tools for purchasing, inventory quality control, and consumer-tracking data.  Now more than ever there is unlimited innovative potential in CPG, and the variety of brands that best harness their creative visions and deliver superior goods will be their companies’ most popular and profitable products.[/vc_column_text][vc_empty_space][vc_text_separator title="Part I : CPG Strategies for Growth and Innovation" border_width="2"][vc_empty_space][vc_column_text]To develop the best strategy for your complex CPG Innovation Portfolio, refer back to a previous article. Topics include: Utilizing Open Innovation for R&D Studying Past Trends for Future Forecasting Managing a Portfolio of Innovative Projects [/vc_column_text][vc_empty_space height="52px"][/vc_column][/vc_row][vc_row][vc_column][vc_text_separator title="Part II : Endless Opportunity...

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[vc_row][vc_column][vc_empty_space height="22px"][vc_column_text]The CPG Industry aims to continuously reinvent itself as the online shopper experience and the in-person retail customer both demand personalized, convenient, in stock, economical, and exciting products. CPG embraces constant change and ceaseless innovation to keep up with consumer demands while building brands customers rely on in their daily lives. How do the major companies’ research and development teams build and manage a portfolio of innovative products while ensuring long-term market success and consistent brand loyalty? It's a complex, interdepartmental system that is augmented with 3 tactics: the advantage of open innovation, strategic supply chain forecasting, and tools for enhanced collaboration across teams that bring new products to market.[/vc_column_text][vc_empty_space height="22px"][qodef_separator type="full-width" color="#9e9e9e" border_style="solid"][vc_empty_space height="22px"][vc_column_text] Utilize Open Innovation for R&D [/vc_column_text][vc_empty_space][qodef_blockquote text="Half the company’s ideas must come from the outside" title_tag="h3" width="100"][vc_empty_space height="22px"][vc_column_text]Open Innovation is a proactive strategy complementing your R&D department. Certainly, your company is filled with great ideas and...

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