New Product and Process Creation
Developing Green Products
Explore how to create environmentally friendly strategies, products, services, and processes. Create a competitive differentiation that will also positively impact an organization’s bottom line profitability.
Innovation Process Planning
Developing new ideas that push your company into creating and capturing new market demand culminates the Innovation Management Process. The creation of an Innovation Manual outlines the stages throughout the development of this individualized method, customized to standardize many practices and integrate with your company’s current structure.
Resource Allocation Strategies
Learn strategies for developing new ideas by reviewing your current portfolio of products and services to find resources for funding, human resources, and capital within your organization. You can effectively grow your business with strategies for reallocation of skills throughout the company.
Business Plan Development
Develop methodologies and processes to create a business case to substantiate the need for a new product or service including development of market sizes, sales projections, competitive analysis, customer value, financials, and risk assessment.
Financial Analysis
Understand the financials that create a basis for determining the viability of a new idea, including examination of balance sheets, profit and loss statements, depreciation and cash flow, ratio analysis and other financials.
Intellectual Property Fundamentals
Factors will be explored relating to acquiring or selling rights to ideas, including a basic knowledge of patents, trademarks, valuation of Intellectual Property, negotiation strategies, and resources available for searching information.
Distribution Strategies
Establishing appropriate distribution strategies is a major key to success for maximizing sales and profits. This workshop will explore the creating of varied distribution channels for different products, multiple channels, direct or semi-direct sales, and creating distributor loyalty.