This Summit will provide participants with a comprehensive look at the Innovation Body of Knowledge for product strategy, marketing, R&D, development, and commercialization functions. There will be an emphasis on top management enablers and techniques to create and embed systematic corporate innovation. Primary and secondary industry research on innovation and measurement tools, techniques, and metrics are used throughout the Summit.
Our first goal will be to codify the current management science of innovation in corporations for our participants. The Summit will synthesize both what is known and what actually works in companies. Our approach will be as factual and quantitative as possible for the subject matter. We constantly refresh the Summit and its Coursebook. There will be four interactive exercises so everyone samples some key techniques they might some day oversee that will be lead by GGI staff and several guest speakers.
Our second goal will be to take a look at the likely corporate innovation knowledge, capabilities, and changes in the coming decade. Organizations will evolve to accommodate IP, as they did with globalization and supply-chain. Business processes will change as early-stage inventions are increasingly transacted in dedicated markets before they are commercialized. Functions that define and create products will have a “make vs. sell” decision at every step of the way, a change analogous to the introduction of simulation tools to their practices.
Our third goal will be to alert you to categories of tools and systems that will enter the work place. When “industry demanded better innovation” back around 2004 it created a market for it. Suppliers to this new product category got busy. Thought leaders saw it coming in the late 1990s, so some had a running start. Well, after ten years now, a number of tools, techniques and technologies are withstanding the test of time. Constantly improving research exists on the ones to think more seriously about. Little is mainstream yet, but what to do or try and and what not to do or try is becoming clearer.
At the conclusion of the Summit, participants will be current with industry management science and will have a glimpse of the future. Professionals wishing to put themselves and their fellow company leaders in a better position to lead, nurture, stimulate, and drive innovation and invention should consider this venue. Numerous participants have said, “GGI’s Summit is an Executive MBA on the subject of Innovation.”
Finally, and this is not true of all GGI Metrics Summits, GGI published our 6th North American study of R&D and Product Development practices in the areas of R&D Operating Environments, Organic Innovation, Open Innovation, Intellectual Property, and the Top Corporate R&D Metrics In Use on March 3, 2014. Two-hundred companies from the USA, Canada, and Mexico participated in numbers that represent the relative R&D spending of the North American countries. It will be difficult to find information that is more current to augment the practical nature and usable outcomes of this 12th Innovation Summit.
Please visit our Summit web site for additional content and registration information.