Innovation

Generate creativity and add value to resiliently develop a real competitive advantage in the face of globalisation.

Innovation is essential for companies to be successful. In fact, on average 50% of their turnover comes from products that have been on the market for less than five years. And in the future, the race for growth will be even more frenetic.

Performing and optimising an innovation pipeline driven by the Market and by Client Value are significant challenges that require confrontation against three unavoidable challenges:

Challenge no 1: Shorten the development cycles:

• optimise the development processes, foster collaboration, increase Marketing – Research– Industry synergies,
• capitalize on the critical design activities: standardise solutions bases, adopt platform approaches.

Challenge no 2: Boost product-process & service innovation, driven by Client Value:/p>

• make the innovation pipeline dynamic, place adding Client Value/Market share as the core management and business concern,
• invest in R&D, and developing core products and high value-added solutions that carry differentiation and/or whose commonality really cut costs,
• stimulate the creativity of both individuals and teams; maximise the value of the portfolio of ideas, designs and projects.

Challenge no 3: Gain control over complex new developments:

• ensure the design, development and industrialisation processes are resilient by practising the fundamentals of engineering.

IPMC consultants unite expertise and know-how to support clients and their teams across the innovation process and to succeed in these three challenges at the same time.