In the past innovation in the chemical industry was highly connected to R&D: chemists developed new chemicals and formulations and application developers developed new applications.

Since the white spots for new products and applications are quite rare in some areas of the chemical landscape other types of innovation, like new business models, are becoming more and more important.

This trend is heavily supported by the digitalization which enables completely new business models on the one side but also opens up many innovative approaches to improve the existing business – e.g. by the use of existing data.

Our service line “Product, process & business model innovation” takes account that this broad innovation perspective will go beyond the R&D function but requires a cross-functional approach.

Our expertise in the areas of innovation management in the chemical industry grounds on four pillars

• Multiple successfully conducted client projects of our innovation experts
• Innovations benchmarking database with benchmarks from 300+ companies
• execon partners annual conference / workshop ‘Return-on-Innovation in the chemical industry’
• Strong partner network, e.g. with KEX AG / RWTH Aaachen or Prof. Holger Ernst (WHU)