In today’s digital age, the pace of change has gone into hyper-speed. Innovation is key to business survival.
In well-established companies most of the times the focus is on execution and delivery predominantly and for many reasons innovation is hard to reach:
- Why change and innovate if things go well?
- Let’s keep focusing on our core activities
- Why should we take the risk?
At the beginning of the 21st century Philips had 6 global leading Product Divisions, today they have one line of business. How many companies can you mention that did spin-off from Philips? ASML, NXP, Signify to mention a couple of global ones and then we haven’t even mentioned the less-known ones. Their initiators had a holy belief in the activity that somehow no longer suited the great Philips. Former Philips shareholders have wondered what could have been, talking about the value – and the valuation – of the divested business units.
Philips was one of the founding fathers in The Netherlands that created the environment for innovation. Turning Technology into Business, the High Tech Campus Eindhoven, the smartest km² in Europe with more than 200 companies and institutes, and 12.000 researchers, developers and entrepreneurs working on developing future technologies and products.
WHO ARE YOUR INNOVATORS? |
At RIVIONT, we believe that in today’s world of knowledge workers that innovation comes from within. We work with companies and leadership teams around the world and find out who are the best individuals and who could form together the best innovation team (across countries/cultures) to bring the game-changing creativity and required innovation for your company?
- Who are the future – innovators in your company?
- Do you know who they are and where they are located?
- Perhaps they are currently not working in a business critical role in your company?
To be sure, there’s no proven formula for success, particularly when it comes to innovation. Yet we firmly believe that if companies and leadership are willing to identify, create newly formed teams and create the culture for innovation, they will improve the likelihood that they, too, can rekindle the lost spark of innovation.