It is with great pleasure that we announce the winners of the very first 2023 IRI Excellence Awards. These awards recognize the outstanding achievements and contributions of IRI’s member organizations across several categories. These awards will be presented at the 2023 IRI Awards Dinner on Wednesday, May 24, at The Logan Philadelphia. Congratulations to our 2023 Award Winners!
Corporate Citizenship Award: Michelman For their strong commitment to sustainable chemistry in the design of their products and technologies, and for their continued efforts to advance the field of sustainable innovation.
Culture of Diversity, Equity, and Inclusion Award: Lam Research
For their robust programs supporting diversity, equity, and inclusion, and for creating a workplace where all employees feel welcomed, respected, safe, and valued.
Scientific Advancement Award: PPG Industries
For their development of Copper Armor Antiviral and Antibacterial Interior Paint (in partnership with Corning Incorporated), a breakthrough product in the paint industry and a valuable tool in reducing the spread of diseases.
Digital and Technological Innovation Award: The Lubrizol Corporation For the development of Q.life, a virtual testing and data analytics system that enables the company to rapidly develop and launch new products, reduce costs, and improve efficiency.
Member Engagement Award: DuPont For demonstrating exceptional commitment to engaging with and contributing knowledge to the IRI community, and for advancing the field of innovation management.
Innovation Leadership Award: Dr. Alexa Dembek For her exceptional leadership and vision in driving innovation and transformation, resulting in significant contributions to her organization, industry, and society. Her work at DuPont has set the standard for environmental, social, and governance (ESG) leadership.
Broaden your knowledge of innovation management and learn the practical aspects of key innovation topics in our two-part i101 Bootcamp. You can apply your newly acquired knowledge quickly to create more value for your organization and springboard your professional advancement.
Please join us for one or both sessions. You do not need to take Part 1 to take Part 2.
In 2020, DuPont began an ambitious plan to increase digital knowledge across the company: it founded an internal training function called the Spark Digital Academy. The new program was designed not only to increase the company’s agility and effectiveness, but also to help bring digital skills to their workforce—a much-needed fix due to the persistent shortage of job seekers with both digital and disciplinary skills.
Learn more: DuPont has drawn a number of useful lessons from its development of this academy. Check out the IRI case study for more insights and join us in Philadelphia May 22-25 for the IRI Annual Conference, where the DuPont team will go deeper on their lessons learned and next steps for the Spark Digital Academy.
Please note, this is a two-part workshop. Parts 1 & 2 are included in your registration.
Are you looking to articulate your strategy that defines your strategic imperatives and the key areas you will not be focusing on? Have you searched for a way to define your differentiating capabilities and your customer needs? If so, this workshop is for you.
This workshop provides a framework for B2B organizations to develop and articulate winning strategies by applying a core set of strategic concepts. If your organization is looking for growth or improving its strategic thinking, this workshop will build your foundational knowledge. Key concepts will focus on three areas: What is Strategy? What is the Momentum of Your Business,
Articulating Sweet Spots, and ‘Strategy on a Page’. Participants will leave this session with an approach to defining the current state of your business and a market strategy to inform decision-making. These concepts will be applied through real insights, not a series of fill-in-the-blank templates. Properly defining and developing a strategy must be market informed.
Developing a strategy is hard work and we hope this time gives every participant the support they need. Additionally, it will also provide an opportunity to network with other attendees.
Who should attend: This workshop is designed for business leaders, product managers, or those responsible for leading or contributing to strategy or strategic planning within their organization. Managers or individual contributors will gather relevant skills to apply to their businesses.
This workshop is designed to introduce the different types of financial calculations that are used in innovation. In it, the participants will learn essential tools such as calculating net present value and decision-and-risk analysis as well as how to construct and analyze a financial business case. Critical applications such sensitivity analysis, tornado diagrams, and real option analysis will be covered. The workshop will feature practical illustrations based on the real-world experiences of the instructor. The workshop will include hands-on break-out sessions that will give participants confidence in applying these concepts. Upon completion, participants will quickly be able to develop and present financial analyses that will
augment their technical and strategic work, thereby creating more value for their organizations.
Time value of money
Business case basics
Elements of a financial business case
Constructing and analyzing a business case
Business case metrics (NPV, IRR, time-to-money)
Hurdle rates and return on investment
Parameterized business cases Importance of base case
Sensitivity analysis and tornado diagrams
Decision and Risk analysis Real Options Analysis
Who should attend: The workshop is designed for both researchers who have recently assumed a team leadership role and for individual contributors who seeks to lead an innovation team in the future. It is designed for those who want to broaden their ability to develop and present innovation proposals by including compelling financial analyses. It is also appropriate for an innovation team member who wants to develop a broader understanding of innovation financials. This course can be viewed as a springboard to the participant’s professional advancement.
This course is designed to provide innovation team leaders a lens to sense, detect, and to position organizations for colliding forces of disruptive innovation and digital transformation in the 21st-century.
Learning Objectives:
What is disruptive innovation in the context of the 21-century? It has advanced beyond Clayton Christensen’s original theory of low-end products/services advancing up market to take market share from incumbents. It is now a Pattern of Disruptions enabled by digital.
Disruption requires a mindset shift – away from previous panic alerts of destruction – towards value creation through customer engagement.
The workshop is in two parts with break-out sessions for attendees to work in teams to demonstrate understanding and to build connections with the other attendees.
Who should attend: This course is designed for leaders responsible for setting strategy at the corporate or enterprise level.