5 Sustainable Alternatives to PTFE And PFA In Cosmetics Complying With The US Bans
Since the news of lurking bans on PFAS, there has been a frenzy across many industries to find suitable alternatives. The cosmetic industry, in particular, has been deeply impacted by this news. PFAs in cosmetics constitute a significant part of waterproof makeup, sunscreens, and anti-aging creams. However, besides severely contributing to environmental destruction, studies show […]
7 Business Insights You Can Derive From Annual Report Analysis
Did you know that annual reports are a treasure trove of information to get data for M&A risk assessment, competitor intelligence, or supply chain financing projects? Well, if you didn’t know, an annual report analysis can help you take the right steps during collaborations, mergers, and acquisitions and enhance the company’s business strategy. Most of […]
A Deep Dive into Dairy Farmers of America’s Strategic Business Moves
Dairy Farmers of America (DFA), a leading cooperative owned by dairy farmers across the United States, has established itself within the dynamic dairy industry. Recognizing the importance of collaboration in a competitive market, DFA has developed a unique business strategy that promotes the interests of its more than 13,000 member farmers and caters to other […]
How to Boost Research Activity in R&D teams
Boosting research activity is not only critical for a researcher to advance in their role but helps bring breakthrough innovations to a field. But it’s easier said than done, right? The sheer volume of information available and the catastrophic consequences of missing out on relevant information becomes daunting for many researchers. Filtering useful information from […]
Using patent analytics to make sure you stay ahead of the competition?
Whether your company operates in a perfectly competitive market where competition is at its apex, or you are a lone wolf who stands out in the industry – alleged monopoly, you know one thing for sure: you need some strategies up your sleeves to stay ahead of those “others”. You will be lost in the […]
A peek into the Open Innovation Process
Alex, the R&D head of a leading logistics company in the US, approached us with a search project. He had intel that his competitors were researching RFID technology to track and manage products and assets in the supply chain. Like any other company, his team wanted to explore the scope of the technology. Further, they […]
How to Innovate by understanding Customer needs?
No matter which industry you belong to, whether its a B2B or a B2C firm, it is essential to understand your customers’ needs and improve their experience to thrive in this competitive world. As I was scrolling through my LinkedIn the other day, I stumbled upon a post by Deepak Syal, Director of GreyB. He’d […]
Forced Association: Solve R&D problems using other Industries Innovations
Eight years ago, NASA supplied enormous solar panels to space using the art of origami. In 2018, 3M’s breakthrough in preventing infection from surgery came from a theatrical makeup artist who knew how to avoid skin infection. Recently, some ingredients developed by NASA were used in baby milk. The forced association technique in innovation adoption […]
KJ Method can help your R&D team innovate faster, Here’s how
When solving a problem, we often organize brainstorming sessions with the team. This involves dozens of brains shooting ideas like a machine gun. However, the generation of a huge heap of ideas, not surprisingly, often becomes a problem itself. Having too many solutions and ideas (mostly solving only part of the problem) on hand can […]
How to save millions on the R&D budget?
With R&D being the strategic cornerstone for companies that want to compete in today’s market, they must have a graceful R&D budget. Nevertheless, during a recession, companies are pushed to cut costs in whichever departments they can, including R&D. Now, I can tell you a hundred reasons why that’s not a good idea, heck I […]
Measuring R&D performance with Innovation Accounting
If you read Lean Startup by Eric Ries, one topic you’ll find difficult to comprehend is Innovation Accounting. The reason for the incomprehensibility and importance of the term is explained by Eric himself in one of his answers on Quora: I don’t find this especially surprising. People love the parts of Lean Startup that can […]
Major Technology Scouting Challenges and How to Overcome Them?
Innovation Leader surveyed over 25 executives from $1 billion+ organizations in innovation, R&D, corporate development, and strategy. The report, Best Practices: Scouting Trends and Emerging Technology, highlighted three key issues that technology scouts encounter today. These were – Building strong ties with business units (mutually benefiting from the technology scouting work). Investing enough time in […]
What is Technology Scouting and how can it help you Innovate?
Technology Scouting is the process of discovering, analyzing, and evaluating new or existing technologies that will help them with their innovation process. In simple terms, it is a process for companies to find the necessary technology outside the company. It is an important aspect of the open innovation strategy. The economy is rapidly expanding, and […]
Why should your R&D and IP departments collaborate?
A solid patent strategy is just as important as a well-planned business strategy for a corporation. With thousands of patents being filed every year by technology giants, developing a patent strategy is more challenging than ever. Business strategy is always market-driven, and so should be a patent strategy. It is important to understand the current […]
What is Startup Scouting and How it helps in Innovation?
“Yes, I get that innovation is the need of the hour, but we are in a rut. We have been working on this for months, and there seems to be no end in sight!”, said David, exasperated. David is the R&D head of a big dairy company and one of our newest clients. Here’s an […]
Building an R&D Strategy – Improve research focus to get quality returns
“I believe in innovation and that the way you get innovation is you fund research and you learn the basic facts.” -Bill Gates We all can agree with Bill Gates but the essential question that you must be answered is – Where to direct the research activity or what to fund? Deciding research focus is […]
