Reducing raw material costs, or investigating ways to scale up component manufacturing processes, are two classic approaches manufacturers focus on to drive down the cost of goods. In addition, there are other areas to consider for improving quality or reducing cost for established products through examination of their standard operating procedures. This is where we […]
Monetizing Innovation (Part 2): The Right Team Counts Even in a Large Organization
For entrepreneurial activities, those with experience investing their own money in a company know that the organization’s team matters, as discussed in a previous IOI Partners article. This is no less true when undertaking intrapreneurial activities to tackle innovation within a large organization. The focus here is on innovations requiring significantly new activities for the […]
No-Nonsense Strategic Planning: Make It Meaningful and Actionable
It’s that time of the year again. Time to dust off the desk and put together the business strategy for 2017. How many of you are working at companies that develop a 100-page 3 or 5-year strategic plan that represents a future nirvana vision for your business? The end product is a glorious dream of […]
Innovate or Die: Why Beauty Truly Is in the Eye of the Beholder
Over the last few weeks, the articles on IOI Partners have focused on examining the ways and methods that organizations become more innovative. While the IOI Partners team has extensive and impressive backgrounds in the life sciences and diagnostics industries with expertise in chemistry, biology and engineering innovation, they also have an excellent sense of […]
When Might You Need Experienced, Senior Level Finance Help?
A critical component of any negotiation is a solid financial understanding of the performance of the business before and after the contemplated relationship. While this knowledge is critical, the individual accountable for ensuring the financial health of the company is rarely involved in the actual negotiations. One reason is that negotiating deals is not a […]
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