Weekly Member Update - Monday, December 28, 2020

Looking forward to next year? Who isn’t! The guiding principle for IRI in 2021, we will be operating as a virtual organization. We will deliver exceptional value, including networking, research, and content development and distribution virtually. To do so and to inform our community as early as possible, we have developed a calendar of events for the year. Let us know what you want to hear about as we plan the content for 2021. 

Check out the content you may have missed: 

Best Practices for Virtual R&D Teams: In the wake of the biggest shift in work practices in modern history, CTOs and directors from a range of IRI’s member companies worked to update the findings from our 2014 study of Virtual Teams. Here are the best practices that they identified.
IRI's PILOT Funding Scheme: Interested in working with IRI members to tackle key challenges?  Apply for up to $3,000 through IRI's PILOT Funding Scheme.  IRI’s goal for this initiative is to get SMEs working with our members on well thought out, organized projects that will address the top challenges our members face.  The deadline for applications for 2021 is January 22.  Please contact Lee Green for more information.

Register for our upcoming webinars & events!

Webinar: New Innovation Metrics to Drive Your B2B Growth
Speaker: Dan Adams (The AIM Institute) 
When: Wednesday, January 6, 2021, 11 am - 12:00 pm 
A popular innovation metric today is the Vitality Index: % of sales from new products. But it’s a lagging indicator. Changes you make to your front-end of innovation could take years to register significant revenue. This is like turning up your thermostat and having the furnace come on next week. Join Dan Adams, founder of AIM, as he offers two new innovation metrics, the Growth Driver Index and the Commercial Confidence Index. They help you build growth capabilities and understand customer needs, respectively. Both satisfy 4 key tests: leading, actionable, benchmarkable, and impactful.
IRI and Babson College Research Roundtable:  R&D in the New Normal
When: Tuesday, January 19, 2021, 12:00 pm  
IRI and Babson College are teaming up to do a long term study on the ‘new normal’ for R&D.  We will begin a series of quarterly roundtables to learn how your industry peers are being impacted by and addressing these topics over time.  In this first roundtable, we will hone our topics to ensure that they are covering the areas with the greatest impact on how your organization approaches R&D.

Hormel Foods Corporation, a global branded food company, announced the opening of its newest production facility, Papillion Foods, located in Papillion, Neb., which will make dry sausage products for the company.
New Jersey-based GAF Materials Corp. has finished its 200,000-square foot office and warehouse in Michigan City. Dallas-based real estate investment firm Mohr Capital built the facility, which includes and 23 acres of concrete storage capacity in Millennium Business Park.
Colgate-Palmolive has made sustainable packaging a key priority. From recyclable toothpaste tubes to aluminum bottles for mouthwash, they’re locked in on eliminating plastic waste and delighting consumers.
Covestro LLC is elevating its efforts to protect and preserve our world’s water sources by joining Operation Clean Sweep® (OCS) blue — an initiative born from the larger Operation Clean Sweep® program.