17.07.2013 Views

Download - Evonik Industries

Download - Evonik Industries

Download - Evonik Industries

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

says Fengler. “And we don’t allow projects to die as<br />

soon as we begin to encounter problems.”<br />

Despite a culture that allows for mistakes, the<br />

projects of New Business Development are subject to<br />

strict project management. As a rule, a steering commit<br />

tee evaluates the progress and detailed plan of a<br />

project each quarter. Scenario projections, which are<br />

continuously updated, are a way to assess the potential<br />

economic benefits of a project.<br />

To generate ideas for new business, New Business<br />

Development uses the full range of tools of innovation<br />

management. “It’s really important to allow the<br />

team to come up with crazy ideas and find inspiration<br />

from outside the company,” says Fengler. External<br />

input can come from consultants, customer workshops,<br />

or student teams that receive tricky problems<br />

to solve from <strong>Evonik</strong> through its networks. Not surprisingly,<br />

this also includes market analyses.<br />

New Business Development is currently exploring<br />

crowdsourcing: The team is using Internet-based networks<br />

of experts to clarify problems that cannot be<br />

solved based on existing know-how. “Oftentimes, this<br />

is a question of how experts assess the potential of a<br />

certain technology for a specific application,” explains<br />

Fengler.<br />

For an idea in New Business Development to become<br />

a project, it must show sufficient business potential.<br />

“We then develop a vision of how to expand<br />

a market, and pour over this repeatedly as time goes<br />

on,” says Fengler. If the project steering committee<br />

approves it, employees first develop a concept and<br />

then follow up with one or more laboratory tests.<br />

New Business Development also involves colleagues<br />

Each new idea is tested<br />

from relevant business lines at this stage, wherever<br />

possible. “Later on, if a business line is interested in<br />

taking on a project in its sphere of responsibility, it<br />

can do so,” explains Fengler. “Otherwise, we manage<br />

the projects all the way to market launch.”<br />

New Business Development is currently managing<br />

about a dozen preliminary projects—projects that are<br />

in the evaluation and conception phase, and in which<br />

colleagues from the operative units of the business<br />

unit are already involved. At the same time, New<br />

Business Development is managing a few projects that<br />

already have significant development resources.<br />

“Some of these,” says Fengler, “will hopefully bear<br />

fruit over the next five to ten years.” 777<br />

InnoVAtIon MAnAGeMent<br />

dr. stephan Fengler heads the New Business<br />

Development Functional Unit in <strong>Evonik</strong>’s Coatings &<br />

Additives Business Unit. After studying chemical<br />

engineering at the Mendeleyev University of Chemical<br />

Technology of Russia and earning his doctorate at the<br />

Technical University of Berlin in the Department of<br />

Polyme ri zation Technology, he began his career at<br />

Röhm GmbH in Darmstadt in 1995. Fengler held several<br />

positions in the Research, Production, and Marketing<br />

unit before assuming his current duties in 2011.<br />

+49 6151 18-4974, stephan.fengler@evonik.com<br />

39<br />

elements39 Issue 2|2012

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!