Innovation Excellence H/C

Innovation Excellence H/C: Creating Market Success in the Energy and Natural Resources Sectors

In this book, author Stephan Scholtissek examines innovations as they relate to companies in the energy and
natural resources sectors (e.g. energy, utilities, chemicals, mining and metals companies), sectors which are incorrectly assumed not to be innovative and which are undergoing massive change as the balance of power
shifts towards emerging economies and as the world looks to a range of low carbon technologies. Scholtissek
argues that innovation (strictly defined as the sum of invention and market success) is the only answer for competitive success in a multi polar world where the essential ingredients of business can no longer be used
to differentiate companies. He states that companies must be restructured to be run as portfolios of innovations.
Scholtissek sheds light on different forms of innovation (product, service, process, organization and business
model) and argues that R&D resources must be extended across all these forms. He includes a number of detailed
case studies from the energy and natural resources industries that demonstrate leading practice.