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Embracing complexity with value-based risk management

In the current environment uncertainties seem to be everywhere, making strategic planning more difficult than ever. Many companies use enterprise risk management (ERM) as a proven framework for managing risk. However, businesses are now looking to improve their track records when it comes to...
Risk

Making sense of the bioeconomy

Many companies, both large and small, view fuels and chemicals derived from bio-based feedstocks as a potential source of sustainable growth. Yet in practice, breakthroughs have been hard to achieve and the number of large-scale commercial successes are few. In this article the authors examine the...
Utilities & alternative energy, Technology & innovation management

IP management 4.0

One of the key results of digitalization is closer co-operation between traditional manufacturing companies and those within the ICT industry. Yet when it comes to IP management, ICT companies manage their intellectual property quite differently from more traditional industries. In this article the...
Technology & innovation management

The chemical industry is already quite advanced in terms of...

The chemical industry is reshaping around several major trends, which it is critical to anticipateArthur D. Little: As President of CEFIC (European Chemical Industry Council), what trends do you identify for the sector?Jean-Pierre Clamadieu: The chemical industry is reshaping around several major...
Chemicals

Capturing sustainable value from technology: a case for...

Businesses can no longer afford to simply protect their intellectual property (IP) and use it defensively to prevent competitors encroaching on their territory. Moving to actively licensing IP is increasingly critical for open innovation, provides a powerful mechanism for revenue generation, and is...
Technology & innovation management

How to manage your return on investment in innovation

In any company around the globe investment in innovation and R&D is under critical scrutiny. Is it going to the right places and is the amount spent exactly appropiate? Is the company getting the best return on its innovation spend? These are questions that any CTO today must be able to answer...
Technology & innovation management

Capability Roadmapping – developing the means to an end

Technology roadmaps can be a powerful tool to align research and technology development activities with business aims. However, they are not so helpful when it comes to defining exactly how the company can get there. This article takes the concept of roadmapping one step further, looking at the...
Technology & innovation management

The Creativity Era – a new paradigm for business

The new economic environment combines hypercompetition, faster product lifecycles and more empowered consumers to change the rules of the game for companies wanting to succeed. To meet these challenges a new paradigm for business is emerging – the age where creativity wins. In this article the...
Technology & innovation management

Innovation: measuring it to manage it

Many executives struggle to manage innovation as they would other business processes. Most exasperating is the lack of a practical way of measuring innovation effectiveness and efficiency. In this article the authors provide a success formula to design and deploy meaningful key indicators to drive...
Strategy

Crowd innovation fosters new business opportunities

As a practice, crowd innovation has been around for more than 200 years. But only in the digital age has it become the hot topic it is now. And it cannot be implemented with a “one size fits all” approach, but needs significant planning. The article looks behind the hype and discusses how companies...
Telecommunications, Information technology, Media & Electronics (TIME), Technology & innovation management