Innovation Flow Managing Innovation Scouting at Bayer
Case Study Analysis
Science and Technology (S&T) plays an ever-increasing role in addressing global and society-wide challenges, such as sustainability, healthcare, food security, etc. The Bayer Corporation is no exception to this. The Group has been a leader in innovation and scientific research, with the focus on sustainable innovations. However, to deliver innovative solutions on a large scale, it required innovation management. Innovation Flow Managing Innovation Scouting Innovation is the driving force of any innovation
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Innovation Flow Managing Innovation Scouting at Bayer Sure, I’d be happy to discuss my experience managing innovation flow at Bayer, one of the world’s leading pharmaceutical companies. I started in 2012 as the head of the corporate strategy group for discovery and development, and was appointed in 2014 as the director of new product development. One of my first major projects was the company’s strategy for its portfolio of rare diseases, which is the third-largest
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– Innovation Flow Managing Innovation Scouting at Bayer – This study report focuses on the scouting process for innovation flow at Bayer, where my personal experiences of working for this company and the management in charge helped me develop a unique analysis. – My main concern with the scouting process for innovation flow is the risk of losing innovative ideas in the scouting process. The risk of losing innovative ideas at Bayer is higher than the risk of losing innovative ideas at other companies. – The innovation scouting process at
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In my previous role as Innovation Lead, I managed 30+ innovation programs in multiple locations around the world. I’ve successfully delivered strategic and tangible innovation outcomes for our companies in sectors such as Pharma, Biotech, Food, Healthcare and Energy. I have been part of innovation management for the largest pharma companies in Europe and USA. I’ve coached and managed innovation teams for a year with more than 300 individuals from different departments, including R&D, marketing, business
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“Innovation Flow” is a product management and strategy approach that involves a consistent and collaborative approach across all teams and functions to create and nurture value in a fast-paced innovation landscape. It empowers innovation teams, encourages innovative thinking, and manages innovation risk to enable companies to drive sustainable, innovation-led growth. This practice, first mentioned in an excellent book by Jeff Rouse called “Scouting for Innovation”, provides a framework that supports continuous innovation and enables organizations to capitalize on the benefits of
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Bayer is one of the top global players in the pharmaceutical industry with a presence in nearly every country across the world. As per the most recent report published by Frost & Sullivan, they ranked among the top 15 innovation leaders worldwide in 2018. This reputation is largely owing to their successful invention and development of novel medicines, including various biologics and digital technologies. As a global innovation leader, Bayer has always been at the forefront of technological advancements, investing heavily in