Establishing global innovation excellence by introducing an agile innovation process

Initial situation

An international chemical company wanted to increase its innovation performance in a highly competitive market
Lack of governance and structure led to isolated innovation initiatives with a lack of transparency
The results of the innovation initiatives were unsatisfactory and were primarily internally technology-driven rather than market-driven
The Innovation Excellence Program meant a fundamental change in organizational structure and mindset
The aim was to develop and implement a standardized framework for increasing value creation through innovation

Innovation project managers trained in all business areas

0 million €

Increase in earnings realized in the first year

End-to-end

Effectiveness of the innovation established

Develop a global framework for innovation excellence and align it with corporate value creation
Integrate program into management and implementation routines
Key elements are
- Define governance, structure & roles
- Introduce stage gates & KPIs for process standardization
- Train innovation excellence leaders & anchor methods
- Establish innovation management by managers
- Implement pilots in selected business units, then scale and roll them out

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Improving employee satisfaction through AI-supported evaluation of surveys in the chemical industry

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Global rollout of a production system through a lighthouse approach in the chemical industry

All cases

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