Do you want Better & Faster Innovation!
Innovation is not necessarily a new product like many people think. Most of the time it is understood like this, but in reality, innovation is the profitable implementation of an idea.
One can innovate through productivity and operational efficiency, but it is probably not creating a solid foundation for growth in the future, and that is why innovation is generally more referring to new products.
Food companies love innovation, they want to innovate all the time… but do they excel at it? Clearly, there is room for improvement when one looks at the success rate of new food product launches in the market after 1 year of sales!... But, failure in the market is also positive! It allows companies to learn, pivot, and relaunch their products to be more successful in the future. That iteration should be fully acknowledged and integrated in the "final" winning innovation. Companies need to develop patience and must continuously invest in the various iterations until they can win. But the financial short-term pressure may prevent them to act like this...
So, what can companies do to strengthen their ability to grow and innovate faster? At first, they will look at their R&D and evaluate that they need to change and strengthen their R&D organization! But it does not stop there. They also need to ensure seamless operations between R&D and other functions; they need to develop and retain their R&D people; they need to have the right skills at the right place working on the right projects across their organization; they need to have the best supporting tools and methodologies to make R&D efficient; they need to collaborate with suppliers and universities, etc… So many things that companies need to do and sometimes, they may not have the skills, the time and money, the patience, and the people to do it. So, they turn to consultants for help.
This is where EazyInno comes in and we hope that you will book us for a 30-min discovery call/Teams (free of charge) to discuss your needs and challenges after visiting our website.
Typical challenges in innovation
- We have invested in new technologies, but it is not clear what they bring to our brands.
- Our R&D team develops products based on what we can do in the factory, but we do not know why and how they made it.
- The not-invented-here syndrome exists in our company.
- We have a lot of small ideas, but very few big bets!
- Nobody really understands RASCI, or RACI or whatever the acronym!
- Our experts leave our company because there are no development opportunities for them.
- Hiring a R&D professional takes 6+ months + risk of hiring wrong person.
- Consultants are not practical in their approach and may not have enough technical knowledge to replace our people in a temporary manner.
Beyond consulting, we operate!
Traditional consulting is based on high-level audits and reports with lots of PowerPoint slides. The external perspective is given with limited accountability on implementation and execution. Recommendations are left to internal teams to execute.
At EazyInno, we join your team to drive results from the inside. Our methodologies are proven based on years of experience working in the food industry. They stick beyond our engagement. We quickly adapt the plan of action if needed and execute fast the new decisions. You decide what is good for your business based on our practical recommendations, and the results are yours to keep!
What we do
Innovation Strategy & Execution
We help you translate the science and technologies into commercial value.
Inspire & Speed-up Innovation
We support you in maximizing your internal capabilities and leveraging external partnerships.
Develop & Strengthen R&D Organizations
We assist R&D professionals in their personal development and collaborate with R&D leaders and their HR business partners to design the best R&D organization, structure, and ways of working to deliver the strategy.
R&D Transition Management
We fill critical R&D roles (SVP, VP, Director) during a vacancy or a leave to ensure continuity of the business and minimize risks during these phases. When your employee is back or the open role is filled, we help bring the employee up to speed.
Our clients
Food and Beverages companies that have a constant need to innovate and stay relevant to consumer needs and drive growth. We also engage with Ingredients and Solutions providers that develop new formulation solutions for the food industry.
Companies that leverage biotechnologies to develop and manufacture ingredients and biosolutions (eg. precision fermented ingredients, protein-rich biomass, or value-added side-streams) need to make their new solutions relevant to their customers whilst staying regulatory compliant.
We also partner with Equipment and Instrumentation manufacturers that need to innovate as well to develop new analytical solutions and help their customers grow and be successful.
Our approach is a 4-step process
How could success look like?
- Improved innovation rate (5-20% depending on category/sector)
- R&D time-to-market reduced by >25%
- R&D ROI directly linked to P&L topline and bottom-line KPIs
- Improved innovation portfolio balancing customer-pull and technology-push opportunities and with clear financial outcome
- More Big Bets, less small things!
- No stress, the work gets done!
- Clear accountabilities and roles across the innovation organization
- Improved development plans for technical experts and scientists
- Anchored diversity & inclusion KPIs across R&D
Examples of realizations
Post-merger R&D integration between a +$3B company and a+$300M SME
Harmonized the two R&D communities in terms of culture, ways of working, innovation portfolio, and IP after the merger to de-risk the investment and secure continued operations.
Interim R&D leader for a fast growing tech-based scale-up company
Stabilized the R&D team during the CTO parental leave and ensured project deliveries and smooth operations (budget and team management, strategy and portfolio, new launches, talent retention...).
Global transformation of R&D to boost the brands of a global corporation
Established an internal innovation ecosystem around a global R&D center and regional satellites to leverage the benefit of scale and maximize local and regional implementations and roll-outs.