Supporting an innovation culture: Part 2
Best Practices to ensure that your FEI software implementation supports and improves your innovation culture This article is part two of a two-part series on supporting an innovation culture. In part one, we explored explore the ways in which an FEI software implementation can support, or even improve the culture of innovation within a company. [...]
Posted in Collaborative Innovation, Connected Innovation, Innovation Best Practices | 1 Comment
Supporting an innovation culture: Part 1
Can FEI Software implementations support and improve Innovation Culture within an organization? This article is part one of a two-part series on supporting an innovation culture. In this article, we’ll explore the ways in which the implementation of Front-End-of-Innovation (FEI) software can support, or even improve the culture of innovation within a company. In part [...]
Posted in Idea Management, Innovation Best Practices | No Comments
Innovation Metrics that Really Matter
Whether you’re “scaling up” your existing innovation program or trying to take it to the “next level,” the value of your program needs to be measured and demonstrated in order to continue to garner support from the business. Sometimes, the measure of true value of innovation can be elusive. Traditional financial metrics used in other [...]
Posted in Alignment, Innovation Best Practices | No Comments
A unified Business Development and Partnering system, lessons learned from a Biopharma Leader
We recently finalized the deployment of our Business Development & Licensing product suite at one of the largest global pharmaceutical companies. This deployment represents a significant shift from a company that was plagued with the challenges and inefficiencies of a widely decentralized, geographically and culturally diverse community of business development teams to a highly agile, [...]
Posted in Connected Innovation, Execution, Partnering | Tags: alliance management, business development, dealflow, due diligence, enterprise innovation, in licensing, M&A, merger and acquisition, Opportunity, Partnering | No Comments
Vertical*i and Inova Announce Merger!
We proudly announce our merger! Vertical*i, Inc. and Inova SA today announced they have entered into a merger agreement effective December 6, 2010. The combined company will be known as Inova Software Inc, in North America and Inova Software, SA in Europe. Read complete press release
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It’s 3AM, Do You Know Where Your Intangible Assets Are?
For many years, public service announcements and newscasts on television began with the phrase, “It’s 10pm, do you know where your children are?” In the decades of prosperity following World War II, as households increasingly were led by two-career marriages and children became more independent, this phrase became popularized as a way to take a [...]
Posted in Connected Innovation, Connecting, Partnering | Tags: Alignment, business development, Connected Innovation, Connecting, development, development lifecycle, Disruptive Innovation, Execution, guru, innovation, Intangible Assets, Intellectual Property | No Comments
True North – Where is your compass pointing?
In Steven R. Covey’s Book, the Seven Habits of Highly Successful people, the author writes that aligning one’s self with True North principles, meaning identifying with our own moral compass, are essential for all of the other habits in his book to work and have meaning. Written in an era where many companies lost their [...]
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Winning at Dealmaking – Shots on Goal vs. Taking the Right Shot
Having just watched the 2010 World Cup soccer final end in a 1-0 victory, I was struck by a number of things. First, how a country’s fortunes, political capital, and all-around national pride are impacted by a World Cup victory… or loss. Second, how few points are scored in a 90-minute soccer game. Third, how [...]
Posted in Execution, Uncategorized | Tags: business, business development, campbell alliance, culture, dealflow, dealmaker, dealmaking, deals, development, development lifecycle, innovation, value, winning, world cup | No Comments
Do Mergers and Acquistions Bring Lasting Value?
Over 300 billion dollars of value evaporated between the moment the AOL Time Warner merger was announced in January 2000 and December 2009, when AOL spun off and started to trade as its own public company again. While this transaction is certainly an extreme case when measured in terms of value destroyed, a significant number [...]
Posted in Partnering | Tags: acquisition, acquisitions, AOL, business, business development, culture, development, eds-pick, guru, innovation, M&A, merger, merging, Time Warner, values | No Comments
Internal R&D Projects vs Inlicensed Projects
Does your organization view its own internal R&D projects separately from in-licensed projects? Many companies treat their in-house projects separately from their partnered projects. This sometimes leads to emotional attachments on the in-house projects because people have lived with these projects for a long time. Partnered projects are scrutinized by a rigorous due diligence process [...]
Posted in Alignment | Tags: Alignment, Execution, Partnering | No Comments