Identifying challenges and needs
Developing effective innovation strategies requires a deep understanding of your company's:
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Innovation strategy.
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Organizational structure.
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Leadership team.
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Product portfolio.
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Value proposition.
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Mission and long-term vision.
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Noga supports your innovation journey by:​
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Collaboratively setting specific objectives for technology scouting.
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Focusing on concrete business challenges, needs, or pain points.
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Aligning scouting efforts with your strategic goals.
Scouting
Partnering with Noga provides value through:
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Identifying trends, emerging technologies, and disruptive innovations relevant to your industry.
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Evaluating technologies based on value, feasibility, and strategic alignment.
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Analyzing startups, research institutions, and technology providers as innovation sources.
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Engaging with startups developing solutions aligned with your business objectives.
POC-Proof of Concept
When a promising match is identified, we proceed to the Proof of Concept (POC) stage. Key steps in the POC phase include:
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Defining objectives and goals - clarify what you aim to achieve, the problem to solve, and the expected outcomes.
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Setting success criteria KPI - establish clear requirements and benchmarks to measure success.
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Executing the POC - follow a predefined plan and methodology.
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Monitoring performance - collect data, observe outcomes, and evaluate feasibility and effectiveness.
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Analyzing results - compare findings against success criteria to assess the technology's value and functionality.
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Documenting insights - capture key takeaways, challenges, and recommendations.
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Sharing outcomes - present results to stakeholders and define potential next steps.
Collaboration
If the POC is successful, the next step is building a partnership with the startup. This partnership may include:
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Integrating the startup’s solution into your operations/products/services.
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Scaling the solution across additional sites or business units.
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Connecting with existing systems and processes​.
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A successful collaboration can evolve into a long-term relationship through:
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Commercial agreements.
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Joint ventures.
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Strategic investments.
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Ongoing innovation partnerships.