Innovation Assessment

Innovation fuels organizations for survival and growth in the future. Purdue MEP’s two-day Innovation Assessment helps improve product development methods and outcomes. MEP experts will identify actionable opportunities and the best methods to achieve them, as well as approaches to overcome obstacles. These steps are all about how to utilize employees and the supply-chain to create more value, for both customers and the organization. During the assessment, Purdue MEP experts will explore a broad-variety of factors in your operation that contribute to successful outcomes in innovation work. The first day is focused on the strategic aspects of innovation, while the second day emphasizes the details of product and service development processes. Key-decision-makers, executive leadership, members of middle-management, engineers, and production associates will be encouraged to participate and share their unique perspectives.

How will it help my business?

• Introduce products to market sooner, providing ‘first mover advantage’ for premium pricing
• Better prioritize R&D investments - improving return on investment, impacting bottom-line results
• Increased contributions from employees will result in more meaningful process-improvements and product ideas to better serve your markets
• Better leverage your supply-chain and customer-base to help in your new product development efforts

Objectives:

• Identify actionable opportunities to improve innovation outcomes
• Determine how to best utilize innovation/agile methods in your business
• Identify approaches that overcome the obstacles to innovation in your organization

Deliverables:

• Advice will be offered during the assessment to participants in real-time
• A summarized report containing critical specific actionable recommendations based on the composite results of the assessment process

Expected Results:

• Reduction in design time and costs
• Successful product introductions
• Increased employee engagement and retention