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Wellspring Blog

Manage unpredictable supply chains with innovation systems

October 29, 2021
In the early days of the Covid pandemic last year, sudden shifts in consumer purchasing habits caused an unexpected demand for many goods. This resulted in significant supply chain disruptions and a lot of empty store shelves. While frustrating, it was easy for people to understand why a... Read More

When large companies think like start-ups, innovative new product development flourishes

October 27, 2021
At its core, a start-up is a small company trying to scale. Early on, innovation is the result of continuous ideation and quickly pivoting to market changes. But as start-ups grow into large companies, flexibility is replaced by stringent product management processes that account for every detail.... Read More

The Chief Innovation Officer’s Three Core Roles

October 20, 2021
In recent years, the position of Chief Innovation Officer (CINO) has gone from a footnoted curiosity to a mainstream trend. And now we have data-driven evidence that CINOs play an important role in driving growth for their companies. In Wellspring’s 2021 R&D and Innovation Agenda report, the... Read More

The future of manufacturing CPG companies

October 20, 2021
McKinseypublished a fascinating report on the future of manufacturing CPG companies. Read More

What’s your innovation ikigai? A conversation with Mike Harris

October 20, 2021
For innovators, finding a purpose for work, career and life is essential. Find out how Mike Harris, Innovation & Growth Specialist at Innovate UK EDGE, found his. Read More

Chemical innovation drives success in global market

October 15, 2021
The chemical industry is growing at a rapid rate, but market expansion doesn’t necessarily mean new opportunities for all parties. Read More

Collaboration is driving chemical innovation

October 05, 2021
Collaboration is everywhere these days in chemical industry innovation efforts, and in many cases it has moved beyond the walls of a single company. When managed properly, the results of these endeavors can benefit everyone - the companies, consumers and the planet. Read More

CPG Innovation: The Price of Failure and the Promise of Success

October 01, 2021
Failed product launches that don’t live up to revenue projections can have dire downwind implications for Consumer Packaged Goods organizations. Getting the right products to market in the right time frame is critical to improving initiative success rates and building market share. Read More

How Innovation Drives Corporate Performance (And How It Doesn’t)

September 27, 2021
For decades, everyone has called innovation the “fuzzy front end.” On everything from Advanced R&D to Corporate Ventures, program-level investment decisions have largely been driven by leadership intuition. Either you believe in the premise, or you don’t. If that sounds familiar, then I have news... Read More

Improving Quality and Reducing Time-to-market for Smart Products

September 23, 2021
Home smart product manufacturers shipped more than 805 million products in 2020, and to no one’s surprise, that number is expected to increase dramatically in the coming years. IDC predicts that 1.4 billion home smart products will ship by 2025. Companies are under more pressure than ever to... Read More

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