Problem statement Many business analysts and industry experts have raised looming local shortages of Engineering talent (specifically in the UK and Europe, North and South America), raising the possibility of a diminished capacity for in...
Following on my earlier post on “3 KPIs to Assess the Success of Innovations“… It is critical to find the right balance between flexibility and control to allow future ideas to emerge and successful ones to be realised. Innovation system...
An innovation refers to doing something in a manner that was never done before, or ‘changing for better’. The level of innovation that is required in a given industry varies significantly. Innovations are means to adapt to the changi...
The question is: “what will manufacturing processes of the future look like, and what will be their defining features?“ There is an increasing demand for products that match customer expectations precisely and more closely, in a timely a...
Enabling Outsourcing and Open Innovation with PLM
2015-02-03Innovation, Outsourcing, PLM, IP, Open Innovation
The principle of ‘Open Innovation’ as introduced by Chesbrough (2003) has become widely used in a range of industries. It is widely accepted that open innovation is concerned with combining internal and external ideas as well as inte...
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