Posts Tagged ‘ innovation ’

Hospitals adopt value-based contracts

April 8, 2015
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Hospitals adopt value-based contracts

The US Centers for Medicare & Medicaid Services and the Health Care Transformation Task Force that includes payers and providers announced in January that they intend for more than fifty percent of their revenue to come from value-based contracts within the next three to five years. These contracts are intended to improve health care quality,…

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Global trends for strategic planning

March 3, 2015
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Global trends for strategic planning

PwC studies global trends.  As a business consultancy, they advise governments and businesses on international strategy positions.  In a recent whitepaper, they present a framework for understanding the complexity of events facing the strategy planner.  This exhibit shows the five megatrends juxtaposed with ten situations in which they have and will interact.  By forecasting the…

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Customers and innovation in the CPG industry

February 1, 2015
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Customers and innovation in the CPG industry

Why are failure rates for new products so high?  The authors of this article blame the complexity of the retail environment.  E-commerce fosters changes in business models and consumer shopping habits are shifting toward convenience.  Consumer packaged goods (CPG) companies have trouble with knowing on what basis their customers base their buying propensity. The R&D…

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Innovation R&D―PWC weighs in on top strategies for future success

November 5, 2014
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Innovation R&D―PWC weighs in on top strategies for future success

Barry Jaruzelski, senior partner with Strategy&, discusses this year’s iteration of the Global Innovation 1000 research report that first came out in 2005. The study began with a retrospective analysis of the past ten years, including interviews with over 500 hundred innovation leaders across a wide spectrum of industries, locations, and company sizes.  These leaders…

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Advanced manufacturing and innovation save Northeast Ohio

October 8, 2014
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Advanced manufacturing and innovation save Northeast Ohio

Manufacturing saves northeast Ohio from the devastating unemployment statistics of the recent recession.  This region that traditionally depended upon manufacturing is reinventing itself through innovation in advanced manufacturing techniques.  It contributes over 17% to the total gross product for the state, with healthcare trailing at 11%.  Steady employment increases are linked to successful regional efforts…

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Impending dematurity―indicators and implications

October 8, 2014
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Impending dematurity―indicators and implications

Author John Sviokla makes a case for changing how companies look at value creation.  He demonstrates through a series of examples how established industries morph their core capabilities through responses to dematurity, which is the adoption of many small innovations in a short period of time by multiple companies.  Companies that control and adapt to…

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Lovejoy couplings―models into products meeting customer needs

October 8, 2014
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Lovejoy couplings―models into products meeting customer needs

In mature industries, companies still innovate.  In this video clip, the importance of meeting customer expectations and needs is vital to Lovejoy’s continuing success.  It designs prototype products, according to customer requests, with an emphasis on efficient models.  Using their own proprietary CAD models, they combine new features that enhance older models, thus permitting them…

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Electric motorcycles―innovation and the life cycle

August 4, 2014
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Electric motorcycles―innovation and the life cycle

Harley- Davidson is testing the market for electric motorcycles.  The concept is not new, but Harley-Davidson believes the time may be right for them to enter the market with a premium branded model.  Through a year-long marketing campaign involving eventual customers, the company is taking its grass-roots project on the road under the label, “project…

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Apple’s Acquisition Strategy

August 4, 2014
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Apple’s Acquisition Strategy

For the past twenty years, Apple has grown its revenue powerhouse with hardware and software offers through acquisition of relevant businesses.  This approach permits them to expand without having to invent everything themselves.  As it observes competitors, it identifies new markets and buys companies already in the business niche.  The latest purchases include Swell, Beats…

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R&D innovation at Pepsico

May 10, 2014
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R&D innovation at Pepsico

As one of the world leaders in food products, Pepsico relies on its R&D department to innovate products that respond to changing customer tastes and habits. Dr. Mehmood Khan, chief scientific officer at Pepsico, discusses the strategy used in his lab to meet these objectives.  Pepsico operates in over 200 countries and has dozens of…

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