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Diffused light produces haze.
Focused light produces a flame.
Most R & D funds get wasted because of a
lack of focus. The purpose of the Center's Technology
Forecasting Facilitation and New Product Development Program is to set long term and short term innovation priorities. The
goal is to bring innovative, transformational products to
markets in months, rather than years.
Components:
- Speakers on emerging trends from outside competitors
- Pre-work questionnaire
- White paper presentations from R&D individuals
- Status report of current innovation projects
- Brainstorming facilitation
- Small groups prioritize & present to large group
- Large group consensus established
- Accountability & responsibility assignments
Follow up including:
- Stage Gate facilitation
- Company funds approved for projects
- Project team launched
- Planning facilitation
- Project management coaching
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