The Next Wave of Innovation in the Chemicals Industry
Strategy+Business
JUNE 4, 2017
The world is potentially on the brink of an age of new powerful materials, fueled by innovation in the chemicals industry.
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Strategy+Business
JUNE 4, 2017
The world is potentially on the brink of an age of new powerful materials, fueled by innovation in the chemicals industry.
BCG
APRIL 19, 2017
Rising concerns about sustainability are making it easier for chemical companies to build a business case for investments in sustainable products and services. Article Wednesday, April 19, 2017. Those willing to step up their strategic ambitions and build up their organization can pursue a variety of profitable opportunities.
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Brimstone Consulting
JANUARY 13, 2023
PFAS are used in hundreds of thousands of products, from nonstick pans to water-repellent sports gear, to stain-resistant rugs. The issue is that PFAS do not degrade or degrade very slowly, giving them the name “forever chemicals.” Let’s take the example of per- and polyfluoroalkyl substances (PFAS).
Organizational Talent Consulting
DECEMBER 12, 2022
Recently economists have connected what is now labeled Quiet Quitting to a fall in US labor productivity output. BASF is a German multinational chemical company and the largest chemical producer in the world. We make a lot of the products you buy better.". Productivity and costs: Third quarter 2022, revised.
Tom Spencer
SEPTEMBER 24, 2021
When it comes to the plastics industry, the chemical recycling company Carbios is an instructive example of this delayed patenting strategy. Disrupting innovations can often lead to an avalanche of complementary technologies, since new production methods enable new products and require new supply chains.
Organizational Talent Consulting
FEBRUARY 20, 2023
At an individual level, a lack of trust contributes to feelings of: Frustration Rejection Stress Anxiety Depression When we experience feelings of distrust, our body responds immediately at a bio-chemical level within less than a second. Cortisol, catecholamine, testosterone, and norepinephrine levels in our blood increase rapidly.
Harvard Business
MARCH 21, 2017
How often do you consider the air quality in your office and how it affects employees and their productivity? Given these studies tying air quality to health, we wanted to see whether improved ventilation affects cognitive function, an indicator of worker productivity. Chances are it’s not often. schools (1400 ppm).
Martinka Consulting
JANUARY 16, 2020
There was a recent news story about a Seattle area law enforcement officer suing for about $11 million because of a health condition caused by vaping (a CBD product and something else to relieve his stress and pain). He heated a chemical concoction, inhaled it, and figured all was good? Am I missing something?
Comatch
MAY 16, 2022
(Scope 2) but have paid less attention to “indirect emissions resulting from value chain activities” (Scope 3) , that is emissions that occur outside the direct organization, for example in the supply chain, at business partners, or from end-users of their sold products. Companies are increasingly being required to report on Scope 3. .
Seth Godin Blog
APRIL 20, 2023
But the food production, delivery and consumption chain is filled with waste. Seven billion people multiplies into a big number… Creating the food we eat has significant climate impact. Clean your plate ? The biggest impact happens on farms. Food doesn’t all ripen on the same day. Harvesting it is expensive and time-consuming.
MishTalk
JULY 15, 2015
Slight Bounce in Industrial Production Following unexpected negative numbers in April and May, an Industrial Production bounce in June came pretty much in line with Economist's Expectations. percent rise in June industrial production looks respectable but still overstates strength. percent rise for hi-tech production, a 0.7
1 to 1
MAY 9, 2013
A chemical manufacturer with a solid customer listening program noticed an uptick in complaints about pricing. It learned that some distributors were selling chemicals for applications in markets better served by off-the-shelf, commodity products. It conducted some root cause analysis, talking to those customers.
Harvard Business
MARCH 17, 2017
While they gleaned some good information about clients’ needs, allowing them to dovetail the products they were selling into the conversation, there was little buy-in from the prospects they were talking to. As a result, their sales calls felt mechanical and staid. Avoid negative conversational behaviors.
Harvard Business
APRIL 3, 2018
Meanwhile, plenty of other organic products, including vegetables, milk, and tea, have become widely consumed, at least by affluent, health-conscious city dwellers. The product was perceived as more prone to spoilage since it typically lacked added sulfites. Why the difference? Early Struggles.
Seth Godin Blog
OCTOBER 1, 2017
Both respond not only to direct, physical inputs (chemicals, illness) but more and more, to cultural ones, to the noise of comparisons and narratives. Learning to productively live with an itch is part of happiness. Both are cultural constructs. Marketers usually sell pleasure. That's a shortcut to easy, repeated revenue.
Harvard Business
APRIL 12, 2018
Innovate a product or service from within your position. Craig Hatkoff, now a successful investor, philanthropist, and cofounder of the Tribeca Film Festival, was then fresh out of business school, working for Chemical Bank, and about to lose his job.
Seth Godin Blog
JULY 29, 2018
Insulated glass, cars that don't break down, keyboards with just the right feel to them… Mechanical, electrical and chemical engineering are all moving faster than ever. Markets are more open to levelling up… new innovations that translate to productivity are adopted more easily. The ratchet turns the ratchet.
Tom Spencer
APRIL 1, 2022
While electric vehicles are already replacing conventional automobiles, no electric aircraft is ready for large scale commercial production that can usher in a sustainable revolution in aerospace. Chemical Innovations. There are smaller scale changes that can be made, however. Figure 4 : GE Aviation and Safran’s Open Fan Design.
Harvard Business
MAY 10, 2018
While there’s less buzz around business-to-business markets, these innovations are changing the game in B2B as well, even in old-line industries selling what might be considered commodity products. Any product that requires some expertise to use is a candidate for analytics innovation. Insight Center. Data-Driven Marketing.
Harvard Business
NOVEMBER 30, 2016
Ideally, these warnings provide requisite risk information, allowing people to decide for themselves whether an activity or a product’s benefits outweigh its risks, whether to take those risks, and, if so, with what precautions. Warnings on widely used consumer products are a relatively new phenomenon. How did we get here?
Harvard Business
JUNE 7, 2018
Top performers are more likely to: employ truly tailored pricing at the individual customer and product level. By contrast, more-advanced companies tailor their pricing carefully for each combination of customer and product, continually working to maximize total margin. the alternatives and competitive intensity in the industry.
Management Consulted
JANUARY 25, 2016
Consumer Products. 3 in the chemicals and pharma sector – brand eins. Leadership & Organizational Effectiveness. Turnaround & Restructuring. Effectiveness. Industries. Aerospace & Defense. Automotive. Business & Consumer Services. Financial Services. Healthcare. Heavy Equipment. Life Sciences. Oil & Gas.
MishTalk
JUNE 2, 2015
percent and reflecting strength for chemical products. Computers and Electrical Products -4.0% Chemical products, down six consecutive months, drove the decrease, $0.4 Ex-transportation, orders are unchanged, well down from the 0.5 percent gain in the durable goods report. Excluding Transportation: +0.0%
Tom Spencer
AUGUST 6, 2020
Or in words: Amount of money (M) x Rate of spending (v) = Price level (P) x Real value of production (Y). The real value of production in the US also plummeted by around 10.6% The basic theory that we can use to predict price inflation is the quantity theory of money. The formula looks like this: M x V = P x Y. ” — Ayn Rand.
MishTalk
JUNE 15, 2014
The last paragraph above explains all you need to know. The setup in Ukraine is quite like debt ceiling negotiations in the US, typically solved at the last moment with huffing and puffing and overblown reporting of consequences if a deal is not reached.
Harvard Business
APRIL 20, 2018
After all, she’s super-productive, her work is flawless, and she always delivers on time. When people can no longer grow in their jobs, they mail it in — leading to huge gaps in productivity. When we are learning, we experience higher levels of brain activity and many feel-good brain chemicals are produced.
Melissa Agnes
DECEMBER 11, 2014
It might, for example, be cheaper to simply cease manufacturing a troublesome product than to publicly defend the product or to implement restrictive new regulatory requirements. When you are facing an issue, potential cost is an important consideration. By contrast, cost is usually not an immediate consideration when facing a crisis.
CaseInterview.com
JULY 18, 2019
The Products Operating Group concentrates on Air Freight & Travel Service, Automotive, Consumer Goods & Services, Industrial Equipment, Infrastructure & Transportation Services, Life Sciences, and Retail. The Resources Operating group is devoted to Chemicals, Energy, Natural Resources and Utilities.
Harvard Business
APRIL 21, 2017
“rust-belt” states, which were some of the most productive areas during the late nineteenth and early twentieth centuries. economy at this time – specifically electricity and chemicals, which accounted for 13.9% The chart below shows the share in each state of inventors who were born abroad. of all U.S.
Harvard Business
DECEMBER 7, 2017
Among other things, there is growing demand from both retail and institutional investors to align their capital with better environmental and social outcomes, and more resources going into index fund or quasi-indexing products.
Harvard Business
DECEMBER 4, 2017
For example, [Andrew] Liveris talked about the focus Dow [Chemical] has on great chemistry and designing new sustainable product lines and being willing to cannibalize existing products. Chairman and CEO, the Dow Chemical Company , and Executive Chairman, DowDuPont. They’re so far removed from it. Andrew Liveris.
Harvard Business
JUNE 1, 2017
Siri is super, Alexa is awesome, and Cortana’s quite clever, but better bots and digital assistants aren’t going to determine personal productivity’s data-driven future. Tomorrow’s most effective executives will merge and marry workplace data and analytics to digitally design more-productive versions of themselves.
LSA Global
OCTOBER 27, 2019
When compared to lower trust companies, the Center for Neuroeconomics Studies found that employees in high-trust companies are: 50% more productive. 106% more energetic. 40% more likely to stay longer, and. 76% more engaged. The Neuroscience of Trust.
Harvard Business
JUNE 21, 2016
When we multitask, our mind switches back and forth between different tasks, which hurts our productivity, creativity, and accuracy by increasing cognitive load and impairing memory. Research attributes this to both structural and chemical differences in their brains. Another reason is that women typically worry more than men.
Harvard Business
APRIL 25, 2017
That is, they do for creative problem-solving what catalysts do in chemical processes: they dissolve barriers and accelerate progress down more productive pathways. Some questions have what I like to call a catalytic quality. ” I’ve always been a believer in the principle of celebrating what you want to see more of.
Harvard Business
SEPTEMBER 21, 2018
Only 13% of directors in the energy and utilities industry consider innovation to be a major strategic challenge, but the swift growth of renewable energy companies and such developments as the use of drones for monitoring oil and gas production suggest that no industry is impervious to the forces of innovation.
Management Consulted
APRIL 2, 2017
The company works with companies in various industries including Automotive, Consumer Products, Financial Services, Government and Public Sector, Life Science, Media & Entertainment, Oil & Gas, Power & Utilities, Provider Care, Real Estate, Retail & Wholesale, Technology, and Telecommunications.
Harvard Business
JUNE 17, 2016
In short, growth comes from the entire company, not from any particular product or service. In everything it does, the company pays as much attention to its growth engine — its ability to manage innovation and launch consistently valuable products — as in any particular garment or device it sells.
MishTalk
JANUARY 28, 2016
The Japanese lettuce production company Spread believes the farmers of the future will be robots. In addition to increasing production and reducing waste, indoor vertical farming also eliminates runoff from pesticides and herbicides — chemicals used in traditional outdoor farming that can be harmful to the environment.
Harvard Business
SEPTEMBER 22, 2017
Second, thanks to the minimal degradation of quality, there is a super-clean label (meaning the product will have few chemical-sounding, unpronounceable ingredients) and an incentive to add high-quality ingredients. Third, the food remains packaged at room temperature, and remains safe to eat for months on end.
MishTalk
FEBRUARY 2, 2015
Growing Slower 20 Production 56.5 For example, a chemical company with 300 employees carries the same weight as an auto manufacturer with 200,000 employees. percent increase in real gross domestic product (GDP) on an annualized basis." percent increase in real gross domestic product (GDP) on an annualized basis ".
Melissa Agnes
DECEMBER 11, 2014
It might, for example, be cheaper to simply cease manufacturing a troublesome product than to publicly defend the product or to implement restrictive new regulatory requirements. When you are facing an issue, potential cost is an important consideration. By contrast, cost is usually not an immediate consideration when facing a crisis.
Harvard Business
APRIL 17, 2018
Sarah Williamson is the CEO of FCLTGlobal (formerly Focusing Capital on the Long Term), an organization cofounded in 2016 by BlackRock, CPPIB, Dow Chemical, McKinsey, and Tata Sons to encourage a longer-term focus in business and investment decision making. R&D Seldom Walks Out the Door. In fact, this is unlikely.
Harvard Business
APRIL 6, 2016
These conflicting pressures are especially present when the product provided by the asset is not very differentiating (think, for instance, of commodity steel products or container shipping services). The common idea behind these models is that the company does not have to be the (full) owner of the asset to be its (sole) operator.
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