Innovation strategy at an award winning packaging company
To develop new business models and business streams the Teckwah Industrial Corporation Singapore (TIC), a printing and packaging provider and winner of the 2006 Singapore Quality Award, developed a Strategic Business Innovation process and the business networks, partnerships, capabilities, infrastructure and organisation of. To identify and seize a new opportunity TIC would: 1. Listen to the voices of Existing & Potential Customers, Suppliers, Government, Competitors and Employees. 2. Assess int...
BPIR Categories
2.2.4 Formulate and review business unit strategy
3.2.3 Develop&integrate technology/innovation into concept
1.2.3 Identify new innovations that meet customer needs