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.

bsf funnel


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

 

Testimonials


“Michael assisted in Prestige's efforts to identify external technology partners on which to build new business platforms. He identified two very viable partners that met the objectives of the technology search 'spot on.' Michael is the type of person with high credibility and integrity. He does what he says he's going to do, consistently. He brought significant value to our open innovation efforts. I will continue to work with Michael and BFS Innovations in the future to expand innovation possibilities. ”  -Jim Kelly, Former CMO, Prestige Brand