SMART PRODUCT DEVELOPMENT HOME/THE EFESO GROUP/EXPERTISE/ INNOVATION DISTINGUISHES BETWEEN A LEADER AND A FOLLOWER BEING INNOVATIVE IS JUST THE START Being sharp, fast and agile innovators is essential to succeed and outperform competitors in growth and profit. In recent times, the paradigm of traditional business are changing: digitization, shut-in economy, mass customization and other trends put R&D under a strong pressure to redefine its strategy, its organization and key processes. EFESO provide a dynamic approach based on the following cornerstones: MARIO GALASSINI EFESO Group Innovation distinguishes between a leader and a follower - Steve Jobs. Excellence in understanding failure and starting to innovate again distinguishes between durable and non-durable leaders. Schedule a call ROBERT SCHROBENHAUSER ROI EFESO Competitive product development means to have an idea of what might be coming while being ready in the heads and the corporate structures. When such an ecosystem is set in place with spirit and passion, your business stays ahead. 1) FORWARD THINKING R&D STRATEGY Company heart beat: rolling strategy linking innovation funnel with mega trends, market demands, and rising technologies to evaluate market attractiveness and to predict market success Front End Innovation - learn to “dream the impossible” and then bring ideas to life with a higher rate of success within the available hype cycle timing i. Invent new value propositions ii. Exploit servitisation Open innovation - be able to collaborate with partners in the Value Chain, to incorporate ideas from different sources and to then extract essential value for both new and existing customers 2) SMART PRODUCTS Portfolio Management – easy to execute but with strong decision makers, able to decide based on proper value propositions To balance initiatives and capacity while having regard for a sound strategy. Portfolio compass: regular portfolio health check with comprehensive assessment criteria to classify existing products Platform Lifecycle Management - to leverage Scale and Speed and optimize life-cycle costs across the value chain through the following years Value engineering / design to X – Lean Design and Design Thinking - providing new meaning to products/services with optimal cost/value ratio. Including sustainability, safety, health and environment Prevention of complexity 3) LEAN AGILE PROCESSES Lean agile 2.0 Multi-site digital processes, supported by virtual obeya rooms, synchronized and transparent workload, management of risks Lean agile mindset project configurators and hybrid model for project management (mixing waterfall planning and sprint management ) transform uncertainty into opportunities, be prepared for fast failures and to learn from every experience. Early management Vertical Start-up for all initiatives (New Product, Technology, and Operations) - including Technical, Commercial and Financial Readiness and Manufacturing 4.0 topics Innovation is about re-using knowledge, so more than one option is always considered by the R&D team so there is learning during progression Product lifecycle management 4) RESPONSIVE ORGANIZATION EFESO provides Innovation teams with the capability to maintain a culture of innovation and growth by using our approach to Human Dynamics which is especially relevant in knowledge-intensive environments. Rules and governance are defined for all core elements within the global R&D network (products, processes, geographies, standards) Joint agreement on framework and degree of freedom for each location with regards to local needs on operative level Reduction of inefficiencies, redundancies and complexity within collaboration Transparency in the entire network – who´s doing what? Who’s responsible for what? Written ≠ Done: consequence, discipline and leadership is necessary to make it happen! DELIVERING TANGIBLE RESULTS Recent proof of how we partner with our clients to help them navigate business issues and achieve high value improvements. NEWS ABOUT INNOVATION, R&D AND PRODUCT DEVELOPMENT EFESO MANAGING COMPLEXITY AND GROWTH THROUGH VALUE CHAIN SYNCHRONISATION How do you manage the international Supply Chain of a Luxury Eyewear manufacturer dealing with complexity, different production processes and multilayered manufacturing phases, while continuing… EFESO SELECTED BY ALM INTELLIGENCE AS THE ONLY TRULY GLOBAL… The ALM Vanguard of Production Operations Consulting Providers assesses firms in terms of their relative ability to create impact for their clients. For this, the… CONCURRENT DIGITALIZED VALUE CHAIN - THE HUMAN DYNAMICS APPROACH In the second KnowBoT, of CDVC series, our experts Lucas van Engelen and Marcia De Troyer touch upon the Human Dynamics approach within the CDVC… LEADERSHIP AND BEHAVIOURS FOR NEXT GENERATION SUPPLY CHAINS 13 Mar 2018 - Leadership Behaviours for Next Generation Supply Chains - Securing the success of strategic supply chain initiatives today and for tomorrow (interim… WHY 5 GLOBAL ENTERPRISES ADOPTED WCOM™ ACROSS THE WORLD The book "WCOM™: why you need more than Lean" captures the reasons why 5 global enterprises (St. Gobain, L’Oréal, Groupe Bel, Tetra Pak and Bemis),… DIGITALIZATION AND INDUSTRY 4.0, STRATEGIES... NOT ONLY TECHNOLOGIES! Industry 4.0's investments and approaches will actually increase the levels of competitiveness of companies only if they are used to enable new levers of competitive… QUICK LINKS PRIVACY POLICY COOKIE POLICY LOGIN ADMIN SEARCH Head Office 117 Avenue des Champs Elysées, 75008, Paris, France +33 1 53 53 57 00 info.marketing@efeso.com © EFESO Consulting | design and realisation by bartistiek Design