The study aims to develop understanding what differentiates top innovators from other companies in different industries. CTO’s expect the revenue share of their company in new business areas (new areas and unmet existing) to double from 20% in 2010 to close to 40% by 2020. Key findings from the report, 1. Use ADL’s Innovation Excellence

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This report commissioned by KPMG examines the perspectives of global industry execs across industry sectors and the globe. It is manufacturing centred recognising that while a period of cost-containment is fine, it is the innovation of products, processes and services drives top and bottom line growth.  In economist terms, Innovation is occurring at both the benefits line and

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If you think innovation matters you might like this first of a series of posts.  Lots of reports and evidence out there cite the key to innovation success – So I’m going to research this area to discover if there is such an “X-factor” in transforming laggards into exceptionally innovative companies. This post reviews and comments on the Boston Consulting Groups

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Commentary – The Economist, 12.03.2013 Three years ago I took the plunge and did the MBA I promised myself, now complete I am happy to report!  Over my career in the international chemicals industry, I’ve seen the good, the bad and the downright ugly of business. Pennies cannot help but fall from my pockets as I

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Focus Article – Sunday Times 10.03.2013 The nation, by all accounts heading towards the triple-dip, as become attracted to the idea of rebalancing the economy as a way of solving its economic woes.  Has the entire nation now got what all the engineers and scientists have been saying for decades? The buzzword is Growth as the national innovation machine

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Commentary on the Cambridge University Institute for Manufacturing’s report on High-Value Manufacturing I’ve spent many years at the front-line of innovating in high-value manufacturing.  High-value is characterised by a combination of high R&D intensity and high growth – as predictors of financial success over the long-term.  High value manufacturing accounted for 35% of all UK exports in

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Highlights and some surprises from the final day from the Technology Strategy Boards Innovation 2013 event. 1. Even amongst “professional” innovation practitioners I see a wide variety of belief what innovation is and the types and scales of it. There are many opinions about what is the similarities and differences are between R&D, innovation, industrialization, entrepreneurship…

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Date: 12th March 2013 Location: Business Design Centre, Islington, London I like to attend the key conferences to see what is going on and take the temperature of things.  Today at the second day of Innovate 2013 (the UK Technology Strategy Board’s annual showcase) it was starting to feel like the planets were coming into

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Open innovation (OI) has become a mainstream management reality for firms in many sectors, sizes, and technologies since the publication of Chesbrough’s book in 2003. The adoption of OI by a firm is now a matter of strategic choice but is contingent upon its internal and external environments.  Managers may ask, is this for us? 

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BBC Sport – Profile: Dave Brailsford, British Cyclings performance director. I have followed the success of the British Track Cycling team for several years now and even used them in business presentations as exemplars of high performing teams. The relentless drive for incrementally better performance serves partly as inspiration for the title of this Blog

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