Tag Archives: Corporate innovation

Defend, Extend, and Create: Innovation for Growth at Evonik

Dr. Daniel Witthaut is Head of Corporate Innovation Strategy at Evonik Industries AG, a global leader in specialty chemicals. He completed a brilliant presentation at R&D Innovation Strategies & Process Excellence Summit last November in Berlin. He kindly accepted to answer a few questions about some of the innovation approaches he’s developing at Evonik.  1) Hi Daniel, would you explain ...

Read More »

Startup Engagement in Corporate Innovation

Recently, Match-Maker Ventures and Arthur D. Little have released an interesting report, titled “The Age of Collaboration“. The study does a good job in synthesizing the global state of play of corporate-startup collaboration and latest findings on success requirements for its implementation. More and more corporations seek to engage with startups by pursuing corresponding activities across dedicated ecosystems and incorporating them in exploration units along with ...

Read More »

Have You Tried New Ways to Innovate?

After relying on cost and operational efficiencies to grow the bottom line, many businesses are emerging from an innovation slumber post-recession. Now there is an imperative to refocus on organic growth. The importance of innovation in driving this growth is resurfacing to the top of the agenda. For many organizations, there are some radically new behavioural, structural and operational models of meeting this challenge are gaining popularity.

Read More »

“Faux Innovation” and Other Discontents

Over the course of this year, I’ve had the good fortune of working with three Global 50 companies – two U.S. based and one European. I’ll simply refer to them as Company A, B and C.  Despite being in different industries (high-tech, financial services and industrial), one common theme emerged: senior leaders in each of the companies articulated a strong ...

Read More »