Consat Group News Our mission is to look into your future and to understand where development is heading. In this way, we can create unimaginable products and innovations. We take your business where you did not know it could go. Innovation – where does it come from? Innovation comes in many forms and shapes. For innovation to take place it needs fuel. There are many types of fuel that drives innovation, here are some examples: A problem A difficulty A need Knowledge about details Knowledge about the complete system A creative mind A creative environment Time and focus No fear of failing (Psychological Climate) Curiosity and interest Innovation can not be created without acceptance of failure. Ideas must be tested. It comes from people, not from systems. Innovation needs to be separated from delivery projects. If the innovation is born within a delivery project – Define a method to move it outside. Remember You cannot force innovation, you need to attract innovation. Why To create a business that improves the quality of work, life, and environment. What ”Open Innovation” where we co-finance/contribute for royalty/part ownership. Innovations that fit the customer’s existing portfolio. Troubleshooting and execution of development projects within innovation. Therapy for those who got stuck in innovation or sales/applications for new products and/or production. Initiate joint ventures/network companies to merge company strengths to generate advantage, value, and profit. Unusual, but effective. How Approach companies with complete sales- and distribution channels with new products & Ideas. Create new companies in collaboration with selected partners based on Consat or partner ideas & innovation. Help inventors and companies to find applications/customers for their innovations & products through co-owning or sales license. Offer complete development projects where part of the payment is co-ownership or royalty. We are curious, technology- and sales-driven, innovative, and open for collaboration. Innovation, so what is the problem? Many companies are still organized with a rigid hierarchy and with complex systems for control. These models rarely support innovation. Many times is set goals on everyday projects counteracting with the innovation goals. To few see the over-all picture. Many have forgot the importance of collaboration. To few have a work environment that embrace failure as a way of learning. Where to start See the complete picture – It is common that set goals for different departments is counteracting. Set clear goals – and be prepared to adjust them to reality. Be sure to set apart the goal and the result. Early anchoring and rejection – If it´s not good enough, stop. Collaborate and respect each others knowledge – On all levels, but start at the top. Use flexible work methods in the beginning and gradually tighten it up towards focus on delivery. Stop seeing failure as a failure. Take out the blame and bring in the trust. Emil Brandt CEO Consat Innovation Partner P: +46 31-340 00 17 M: emil.brandt@consat.se Publisher: CEO Martin Wahlgren - Copyright 2021 © Consat AB