Innovation Seekers

Collaboration Promotes Innovation Success

Consumer products companies are increasingly adopting collaborative approaches to new product development. Many of them are enlisting external resources and technologies to accelerate new product design. Companies are deriving great benefits from external innovation and co-development. The diagram below describes Henry Chesbrough's foundational Open Innovation Paradigm.

Increase Your Company's Innovation Productivity
Is your company successfully meeting or exceeding its growth objectives through product innovation? 

BFS Innovations works with you to help you develop innovations from concept to market. We provide your team with added "bandwidth" and proven technology scouting solutions. We specialize in the consumer products industry, and we offer our clients a productive "edge" through timely, effective, targeted solutions.

Our Solve-It, Spark-It, Vet-It methodologies offers clients the latest innovation resources.

Solve-It, Vet-It, Spark-It: Powerful Options for Innovation Success
Solve-It is our most popular technology scouting service. Using a powerful combination of proprietary and public domain search tools, a disciplined approach and probing curiosity, we quickly and efficiently identify viable technical leads that target our clients' challenges. We directly contact technology provider candidates and "drill down" for information while keeping our clients' identity confidential until the ideal solution is found.


Vet-It offers clients the opportunity to vet their technology provider leads through BFS Innovations' expert research methodology. This service saves our clients valuable time and also often reveals unexpected capabilities and opportunities that might otherwise be overlooked in an initial search. BFS Innovations issues a complete report on the technology provider(s), including areas of interest (and concern), and recommendations.


Spark-It is a creative collaboration service that provides our clients' Marketing and R&D partners with enabling technologies (some using lateral translation) to help flesh out and demonstrate new product concepts, while concept development is in progress. Spark-It not only helps fuel the creative process, but also offers feasible solutions by identifying and enabling relevant technology options as concepts are being developed.

Testimonials

  • Mike is an innovative, out-of-the-box thinker who is always looking for new ways to build value in existing brands as well as identify new business opportunities. He is adept at identifying relevant applications for new technologies/ideas. Not only is he a good idea person, he is also good at execution and follow-through.

    • Position President, Wholesale, Outlets and Canada at Consumer Products Company

  • Michael is hardworking, bright and creative. I have worked with Michael for about a year and found him a joy to work with. I recomend him to others.

    • Position Managing Director - Venture Capital Fund Company

  • Mike is the "go to" guy on projects. He is a great low maintenance partner. If you need a result but not sure what means will get you there, Mike is your man. He is creative and determined. Tell him what you want and set him loose.

    • Position Vice President, Vice President, Brand Development and Category Leader at Leading Specialty Retailer

  • Mike brings a unique combination of high energy level, native curiosity, ability to connect the dots and excellent interpersonal skills. He has the creativity and passion you would hope for with a champion of new products and technology. Because he has the benefit of scientific training and logical thinking, he is more then a typical marketing or "idea" guy.

    • Position President, Promotional Products Company

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