Business Plus

There is nothing ad hoc about innovation

Usinesses globally were severely impacted by the pandemic. Those that struggled to adapt suffered. However, organisati­ons where the internal culture was primed to innovate were able to overcome the challenge and even prosper, writes Michael O’Dwyer, Techn


Many companies now recognise that changes that they viewed as too difficult or not workable, such as having their teams working remotely, can be achieved. Developing and keeping the innovation spirit alive and turning challenges into opportunit­ies will be an ongoing challenge for many organisati­ons.

Standing still is not an option for any organisati­on, no matter how successful their existing business model has been. Disruption is unavoidabl­e, and whether it is Covid, technologi­cal developmen­ts or another external influence, the ability to adapt at pace in future will separate the winners from the losers.

A case in point is BearingPoi­nt itself. We began adapting our model some years ago, and we now supplement our traditiona­l consulting and delivery model with a hybrid assetdrive­n consulting approach. The result is an ever-expanding suite of ready-made assets designed to empower companies to move rapidly when a more traditiona­l approach is not feasible. This approach to light-touch consulting enables us to deliver value-creating solutions to our clients, which are accelerate­d through our assets that are proven in the field.


We have years of experience and knowledge accumulate­d while working on consulting projects – identifyin­g challenges and developing solutions. As a result, we can spot similar challenges across many diverse industries. We have put in place an

that encourages our people to come forward with challenges they identify in their dayto-day work with customers, and then register them on our

tool. Those that resonate with colleagues are moved through our innovation funnel, where they undergo a series of experiment­s, prototypin­g, testing and validation.

This is supported by a culture where our people are encouraged to innovate. We run regular internal open-calls, hackathons and

events, where funding is available to scale assets that have demonstrat­ed desirabili­ty, viability and feasibilit­y in pilot customer trials. The proof of how successful this has been rests in the wide number of assets we have developed to date, including our Emissions Calculator and Retail Footprint Optimisati­on asset.

This asset is currently being used by a number of organisati­ons to highlight where in their production and supply chain they can reduce their carbon emissions. For example, Wipak, a global supplier of packaging solutions and services, is now able to accurately calculate its carbon emissions across the entire product life-cycle process using our tool.

lThis asset is being used by large retail customers across several industries. It leverages informatio­n from internal and external sources of data to highlight the level of footfall in retail outlets, and supports analysis that helps our clients decide which stores to expand, which to redesign or which to close.

lOur experience proves that you must have a deliberate approach to innovation. You need to align processes, people and culture to be successful. I am happy to show organisati­ons our detailed innovation process, as well as share our tools.

Michael O’Dwyer Michael.odwyer@bearingpoi­ +353 1 418 1189/+353 86 179 1189

To be competitiv­e at a global level, Irish SMEs need to take a focused and systematic approach to what they do and that means embracing innovation management. Standards in Innovation Management, available from NSAI, provides a set of parameters to work within so that SMEs can concentrat­e their energy on creating tailored and impactful solutions regardless of their sector.

The new ISO 56000 series, ‘Innovation Management Systems’, provides businesses with the fundamenta­ls of innovation management principles, describing why and how organisati­ons can engage in innovation activities – both internally and in collaborat­ion with external innovation partners in the new world of ‘open innovation’.

The different Standards it contains gives businesses a guidance framework and common language

To help deliver on this vision, NSAI actively encourages and facilitate­s the participat­ion and engagement of SMEs in national, European and internatio­nal Standards developmen­t activities across a wide range of industries and sectors, enabled by our NSAI Standards committees.

NSAI – as the National Standards Body in Ireland – is your local gateway to the exciting and impactful world of internatio­nal standards developmen­t.

Get involved in standards developmen­t

 ??  ?? The Emissions Calculator developed by BearingPoi­nt helps organisati­ons reduce their carbon emissions
The Emissions Calculator developed by BearingPoi­nt helps organisati­ons reduce their carbon emissions
 ??  ?? Michael O’Dwyer, BearingPoi­nt Ireland
Michael O’Dwyer, BearingPoi­nt Ireland
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