New OI Program


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New OI Program
Client: Fortune 500 Materials Supplier
Service Offering: RapidOISM Program

Situation: The materials supplier was looking to re-launch an open innovation initiative after a failed approach with another innovation intermediary. The company wanted to quickly and efficiently launch a program that would get results, and therefore engaged NineSigma. Together they launched 7 projects in a short period of time and began the RapidOISM process of defining needs and preparing for the evaluation of external solutions and potential partners.

Response: NineSigma's innovation intelligence helped the client organize effective cross-disciplinary project teams to start and then led those teams through a series of training sessions. It was critical for the teams to work together to adapt the open innovation program to the client’s existing systems and processes including integration with their stage-gate process. Once the training was complete, the client team was well-prepared and ready to review the proposals when they came in. The client team ranked the solutions and was able to quickly move forward with the assessment and acquisition process.

Impact: Working with NineSigma, the client team efficiently moved forward with 4 out of 7 projects once the RFP was complete. They are currently in negotiations with solution providers on those 4 projects. By engaging in proper training, they are now able to better assess external solutions and quickly move through the acquisition process to capitalize on the new capabilities.

"Not only did the NineSigma training help us assemble the right people and develop the tools needed to evaluate external technologies and partners, we saw a real shift in how we think about the global innovation community. NineSigma helped us see that it is not necessary to own all IP, but it’s about having access to new ideas and building win-win partnerships that help usmeet our own innovation goals."
R&D Leader, Fortune 500Materials Supplier

Contact NineSigma to find out how our open innovation services can help you solve your business challenges.