·
What is R&D’s role
in boosting corporate growth, profitability, and long-term
competitiveness?
·
Are external
partnerships the key? Or do they ultimately hold you back?
·
What is
‘transformational’ growth—how is it different, and how do you
achieve it?
If
you’re under pressure to accelerate innovation and corporate growth
through partnerships, but find the reality falls short, you are not
alone. While the promise of expanded opportunities is indeed
compelling, in most companies the strategic process is too broken to
be effective. The results can be disappointing - and sometimes
worse.
Still, many
organizations such as Procter & Gamble, Eli Lilly, Roche, Boeing,
Unilever, IBM and Phillips have generated billions of dollars of new
product revenue through partnership and licensing arrangements.
What sets them apart?
Alliance
expert Gene Slowinski, Ph.D.,
best known as author of “The Strongest Link,” has
studied the characteristics and business actions of both the winners
and losers in the “open innovation” game for his newly released
book, Reinventing Corporate Growth.
In an
exclusive 90-minute audiosession (60 minute presentation with
roughly 30 minutes Q&A woven throughout), Dr. Slowinski will share
his insights and offer suggestions on how to move past the usual
partnership conflicts and constraints to achieve what he calls
‘Transformational Growth.‘
Transformational Growth allows firms to increase revenues by forming
powerful relationships with external firms. By implementing new
types of arrangements and using Open Innovation models, your company
will be able to successfully increase market presence (‘footprint”)
and catapult new product development efforts.
In this interactive session, you
will learn:
-
What to do about broken strategic planning processes; how
other companies have changed their approaches with far more
favorable outcomes
-
How to implement Open Innovation using the “Want, Find, Get,
Manage” Framework. Determine what external resources you need; what
mechanisms to use; how to structure and negotiate an agreement to
access the resources; and how to implement, manage, and monitor the
relationship.
-
How to overcome special problems with collaborative R&D
relationships.
-
How to deal with Open Innovation relationships that are not
meeting expectations
Overall it is an excellent
opportunity to listen with others from your organization. Not only
will you learn what others are doing, you will have the chance to
ask questions and receive advice about your unique challenges.
Specifically
you will receive:
-
Softcopy of presentation slides sent to your office prior to
session
-
A complimentary copy of
Reinventing Corporate Growth
by Gene Slowinski, Ph.D.
-
Your questions answered by Gene - both during the
session (live) and after (by email).
About the Session Leader
Gene Slowinski is the Director of Strategic Alliance
Research at the Graduate School of Management, Rutgers
University and Managing Partner of the Alliance Management
Group, a consulting firm devoted to the formation and
management of strategic alliances, mergers and acquisitions.
Prior to forming the Alliance Management Group, he held
management positions at AT&T Bell Laboratories, and Novartis
Corporation. In addition to a Ph.D. in Management, Gene
holds an MBA, and a Masters Degree in the sciences. He is a
member of Los Alamos National Laboratory’s Technology
Commercialization Advisory Board
For the last 25 years Dr. Slowinski has consulted and
conducted research on the formation and management of
strategic alliances, joint ventures, mergers, and
acquisitions. His clients include Unilever, GlaxoSmithKline,
Merck, Lucent Technologies, Motorola, Johnson & Johnson,
Ethicon, ExxonMobil, General Mills, Eastman Chemical, Kraft,
Becton Dickinson, and many other Fortune 500 firms. An
author and lecturer, Gene has presented his work to The
Conference Board, The Licensing Executives Society, The
Industrial Research Institute, and The American Electronics
Association. His articles on managing strategic alliances
can be found in Business Horizons, Research*Technology
Management, Mergers and Acquisitions, Economic Development
Quarterly, Les Nouvelles, Cooperative Strategies in
International Business, The Journal of Advanced Management,
and Managing the High Technology Firm. With Matt Sagal, he
co-authored the book The Strongest Link. His new book,
Reinventing Corporate Growth is th leading book on growing
the corporation.
Gene is active in the technology management community. He is
a member of the Industrial Research Institute's
Research-on-Research Committee, and the Technology
Management Research Center at Rutgers University. In
addition, he is on the Board of Directors of Advanced
Adjuvants LLC.