Innovation Management

Innovation Management

In the automotive and transportation industries, the ability to convert ideas into assets through the application of science and engineering is imperative. However, with limited resources and know-how, this is a challenge for most businesses. Through our proven methods, deep industry expertise, and global reach, Ricardo Strategic Consulting (RSC) works with our clients to develop successful strategies for the development or maintenance of new intellectual property that drives innovation and provides continued growth in revenue and profits.

Our seasoned consultants have deep technical knowledge in energy conversion, transportation industries, and markets where innovation continues to drive future product offerings.

We help our clients to:

  • Understand needs and issues in managing technology
  • Understand the impact of disruptive information technologies and how they enhance the creative process
  • Identify future demands through the creation of technology roadmaps and identify the steps needed for a timely execution and exploitation strategy
  • Revitalise innovation and monetisation of IP in the form of products, processes, and services through partnering with senior management

 Our unique approach combines:

  • Identifying core competencies and unique IP held within the organization
  • Ensuring that culture, investment, and processes are in place to capture potential revenue earning IP
  • Evaluating potential of innovations and assessing applications, whether in-house or in the open market 
  • Identifying target sectors and appropriate market entry strategies