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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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beverage production line

[vc_row][vc_column][vc_column_text] A Taste of Innovation for the Giants of the Food and Beverage Industry [/vc_column_text][vc_empty_space][vc_column_text]The biggest players of the Food & Beverage Industry are positioned to innovate internally, creating new food concepts through their own well-funded research and development. Increasingly these corporate giants are also expanding their resources outside the company to innovate externally by nurturing smaller, sometimes more cutting-edge food start-ups. One means for expanding their portfolio of products is inviting creative and successful foodpreneurs to the innovation table, and in some cases, investing in their companies. General Mills, Tyson, Whole Foods, and Kellogg, for example, all offer pitch days and accelerator programs for startups looking for funding and expertise to bring more of their innovative products to market. Industry leaders who avoid diversifying their product lines to represent growing consumer demand are destined to see their food expired and forgotten on the supermarket shelves. Let's examine some areas the Food and Beverage...

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[vc_row][vc_column][vc_column_text]The Roaring Twenties, a period of economic prosperity following the end of World War I, was marked by changes to American life through advancements in manufacturing, consumer products, travel, medicine, entertainment, and upended social norms. What we’ve experienced so far in the 2020s has some referring to this current period as The Soaring Twenties – a time that will be remembered for massive economic growth and incomparable technological innovations…but only for the organizations that take bold action, have connected teams of creatives and analytical minds that work collaboratively, and trust in their leadership to uphold the vision of new possibilities for their companies, software, and services. [/vc_column_text][/vc_column][/vc_row][vc_row css=".vc_custom_1647363232861{background-color: #f9f9f9 !important;}"][vc_column][vc_empty_space height="44px"][qodef_blockquote text="``Not to innovate is the single largest reason for the decline of existing organizations. Not to know how to manage is the single largest reason for the failure of new ventures.`` — Peter F. Drucker" title_tag="h4" width="100"][vc_empty_space height="44px"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] If You...

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[vc_row][vc_column][vc_empty_space][vc_column_text]Look your best while feeling good about your impact on the environment with fashion-forward brands reinventing the supply chain in the textile industry. It’s becoming trendy to source your next ensemble from a sustainable and globally conscientious clothing company. The fashion industry is trying on new methods of sourcing materials and is producing garments within a vibrant and growing circular economy.[/vc_column_text][vc_empty_space height="22px"][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space height="22px"][vc_row_inner][vc_column_inner width="2/3"][vc_column_text] Plant the Demand for Green Fashion [/vc_column_text][vc_empty_space height="22px"][vc_column_text]The path is clear for athleisure and fitness brands: move quickly with innovative R&D or risk being left behind in the competitive race of global change.   One example is the Abaca sneaker, a trailblazing product and a testament to the power of R&D and innovative partnerships in the apparel industry. It’s crafted entirely from eco-friendly materials - QWSTION’s BANANATEX, a fabric derived from banana waste, and Natural Fiber Welding’s PLIANT, a 100% bio-based rubber. Remarkably, this sneaker is not just plastic-free but...

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[vc_row][vc_column][vc_empty_space height="22px"][vc_column_text]The intersection of design and technical innovation come close to home in our workplaces and dwellings. Architects of today are tasked to design new buildings with emerging, energy efficient technology for the practical structures of tomorrow while maintaining beautiful and intriguing design elements. Home builders are provided a variety of new opportunities to make construction or renovations of their existing house more energy efficient, livable, green, and cost conscious. Ezassi supports innovation in architecture and building to make the environments we live and work functional and appealing.[/vc_column_text][vc_empty_space height="22px"][/vc_column][vc_column][vc_empty_space height="22px"][vc_column_text] Look to Switzerland for the Next Evolution in Sustainable Building Technology [/vc_column_text][vc_empty_space height="22px"][vc_column_text]A great example of this new building initiative is a collaboration of Switzerland’s ETH, a premier technology research university, and NEST (Next Evolution in Sustainable Building Technologies), a modular research and innovation organization accelerating the innovation process in the construction sector. Their most recent projects include the HiLo building, the...

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[vc_row][vc_column][vc_column_text]The collaboration and innovation of human health researchers and life science industries are a vital partnership to support a healthier global population. From solutions that provide basic human needs to the the latest epidemic fighting technology to inventions that improve the health of marginalized people with disabilities, organizations are innovating to provide a better standard of life for millions.[/vc_column_text][vc_empty_space height="22px"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Collaboration for Clean Water is the Current Mother of Invention [/vc_column_text][vc_empty_space height="10px"][/vc_column][/vc_row][vc_row][vc_column width="2/3"][vc_column_text]Water makes up 70% of the Earth’s surface, but only 2.5% is drinkable. In 2018 the World Bank and the U.N. released a joint report that claimed 40% of the world population suffers from water scarcity and that by 2030, 700 million people may be displaced because of it. If you live in an area where you have filtered water, you might not be thinking of the 159 million people who depend on untreated water (rivers, lakes, ponds, and streams). Such...

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[vc_row][vc_column][vc_row_inner][vc_column_inner][vc_empty_space height="22px"][/vc_column_inner][/vc_row_inner][vc_column_text] Innovative Ideas to Reclaim Our Natural Environment [/vc_column_text][vc_empty_space height="22px"][vc_column_text]You alone can not save the world.  Neither will our governments. How about industry?  Will they have the Earth’s best interests in mind when they create their next product for market? We ask, who are the real trail blazers along this confusing and winding path of necessary environmental change? It is not until the powerful, the inventive, and the noisiest change makers collaborate across industries, governments, universities and environmental NGOs with new green technology research, design, and significant strategies that will we see the greatest environmental challenges solved.  [/vc_column_text][vc_empty_space height="22px"][vc_column_text] New Green Technology for Recycling [/vc_column_text][vc_empty_space height="22px"][vc_row_inner][vc_column_inner width="2/3"][vc_column_text]Where does all the trash go and how can we dramatically reduce what’s headed to the landfills? Recycling is a not a new effort, but it is losing efficacy and studies show even the most mindful consumers recycle incorrectly. Luckily efforts are underway to bring new technology to an inconsistent,...

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