Innovation Research Interchange

The Challenge of Horizon 2: Implications for effective opportunity development

Discover the intricacies of Horizon 2 (H2) opportunity management and learn how to effectively build an organizational culture that embraces innovation. This white paper, "The Challenge of Horizon 2, Implications for Effective Opportunity Development," by Scott Matthews and Stephanie Hartwig, provides insights into the successful implementation of a governance framework for H2.

Exploring the complexity of H2 opportunity development, the paper presents best practices on fostering an entrepreneurial culture that embraces risk-taking and encourages cross-divisional collaboration. The importance of leadership buy-in and continuous improvement are underscored, demonstrating their vital role in H2 execution.

Dive into the research-backed methodologies and an extensive literature review that supports the creation of a dedicated H2 Opportunity Governance Framework. Learn about the crucial elements of the Three Horizons model and why Horizon 2 holds a unique position in opportunity development. Understand the need for a governance body to manage H2 opportunities effectively, create brand extension, and diversify revenue streams.

The exhaustive case study featured in this white paper provides practical applications of the Opportunity Governance Framework. Follow along to discover the ways a global manufacturing company successfully tackled their H2 challenges using a structured choice architecture.

The paper concludes with a deep dive on managing various H2 opportunity types, stressing the need for differentiated governance structures to handle the distinct nature of each opportunity. Learn how to exploit and explore opportunities, use a concept card, and manage transitions effectively. Managers will find the final focus areas especially indispensable in improving their approach to H2.

This study serves as a comprehensive blueprint for practitioners who want to successfully develop H2 opportunities. With its detailed guide, it offers practical approaches that are sure to yield great decision satisfaction and create next-generation core business products.

AI in Science: Thought Leader Interview with Rebecca Willett, Professor of Statistics and Computer Science, University of Chicago

Explore the immediate impact of AI on scientific processes, from foundational tasks to failure mode identification, and gain perspectives on its future trajectory in scientific applications, alongside insights into student engagement with this transformative technology.

Telling BASF’s Sustainability Story

Thought Leader Interview with Luiziana Ribeiro, Director of Sustainability, BASF

Setting your organization’s sustainability strategy and goals is one step in the sustainability journey.  The next is to be able to tell a compelling story to bring along staff, shareholders, customers, and other key stakeholders.  Luiziana Ribeiro, director of sustainability, BASF, shares how she is working to tell BASF’s story in ways that will help the organization to progress its goals and strategy in an inclusive, customer focused way.

AI Use Cases at INVISTA

Thought Leader Interview with Chitra Kumar Sai, Data Scientist, INVISTA

Talk of AI is everywhere now, but are companies actually using new tools in a systematic way? If so, how? Chitra Kumar Sai, data scientist at INVISTA, shares examples of how they are using AI tools, including natural language processing, large language models, computer vision, and machine learning for root cause analysis. Learn how their data governance has enabled them to move quickly on these new technologies and how they are rolling tools out in the organization.

Finding the right innovation and R&D structure to meet strategic needs

Learn from experienced innovation leaders how they have organized their R&D and innovation functions to adapt to changing priorities and environments while also capitalizing on internal expertise and resources. 

Panelists:  Darin Latimer, Vice President, Strategic Innovation, Danaher Corporation; Srinivas Veeramasuneni, Senior Vice President and Chief Technology Officer, USG Corporation; Moderator:  Carlton Gibbs, Senior Manager, Packaging Development, Global R&D, Mars-Wrigley Snacking 

Raising Sustainability to New Heights at Boeing

Thought Leader Interview with Sheila Remes, Vice President, Environmental Sustainability, at The Boeing Company

With an organization of over 145,000 people and a product with over a 20 year lifespan, Boeing should not be able to change quickly. However, the drive for sustainability has brought the organization together to work toward industry-wide change. Learn from Sheila Remes, vice president, environmental sustainability, how Boeing has been able to bring together the many efforts on sustainability around the organization to drive toward cohesive goals. Sheila will also speak to how they’ve engaged customers and other stakeholders in their processes and how they approach the daunting task of doing a life cycle analysis on an airplane.

How Milliken removed PFAS from its operations

Sustainability Thought Leader Interview with Jeff Strahan, Director of Research, Compliance, and Sustainability at Milliken & Company

In this podcast, we explore Milliken's proactive response to the challenges posed by PFAS, from initial realization to strategic shifts in R&D and analytics. We delve into leadership alignment, communication with customers, and SAP-related challenges, concluding with an evaluation of the PFAS supply chain's reaction and Milliken's current status post-PFAS removal.

Staying at the bleeding edge of digital innovation - Digitalization Thought Leader Interview with Brian Standen, Global Head of Digital Innovation at BASF

Learn how BASF stays at the forefront of digital innovation. Brian Standen gives highlights of their process, from identifying potential trends to placing bets on which technologies will have the most impact to incubating then rolling those technologies out more widely in the organization. He shares techniques for managing a portfolio of new technologies (Spoiler: Don’t be afraid to be bold.) and ways to get buy in from relevant parts of the organization.

Smart Glasses: Balancing expectations and reality

Thought Leader Interview with Dan Abramowicz, CTO, and Alberto Rodriguez, Digital Optimization Team Leader at Crown Holdings, Inc.

Smart glasses enabled Crown Holdings to continue to carry out plant trials even in the face of a pandemic. However, as travel restrictions and social distancing measures have been dropped, so have the use cases for smart glasses. Learn about the areas in which Crown finds value in using smart glasses and how they plan to use them as the technology matures.

 

Get the full story of Crown’s use of smart glasses during the pandemic here.

Sustainability and Regulations: What innovators need to know

Thought Leader Interview with Brandon Farris, Vice President of Energy and Resources Policy, National Association of Manufacturers

The global regulatory environment has become increasingly difficult for companies to track and understand. Listen to the NAM’s VP of energy and resources policy, Brandon Farris for a download on:

• PFAS;
• the power plants rule;
• the plastics draft strategy; and
• particulate matter.