Headline: A construction equipment rental company becomes the industry leader in sustainability
Challenge: Fulfilling CEO’s vision for the company being recognized as the pioneer of clean construction services
Approach:
Industry and market assessment:
Interviewed key stakeholders and conducted primary research to develop a point of view on clean construction
Integrated business processes:
Created and rolled out a sustainability metrics tracking system for operational and industry-specific goals used to collect data for the company’s first sustainability report
Organizational governance:
Expanded the sustainability team and supported extended network of data owners in adopting sustainability responsibilities
New partnerships:
Facilitated a multi-stakeholder partnership with an environmental NGO and U.S. EPA, resulting in a co-authored LEED Pilot Credit application for clean construction sites
Results:
Published the company’s first Sustainability Report, with GRI rating
Published widely cited white paper profiling clean construction standards
Solidified the company’s public image as advocate for clean construction, reinforced by collaboration with outside stakeholders
Headline: An industrial gas producer launches an external innovation sourcing program; pursues lean partnerships to support global R&D and business lines
Challenge: A global industrial company seeks a nimble approach to partner with emerging technology companies in order to improve internal operations, provide value-added services, and develop entirely new business offerings.
Approach:
Internal alignment:
Worked with innovation group to engage internal stakeholders in R&D and commercial programs in order to identify strategic initiatives and priority areas for external collaboration.
Sector and company evaluation:
Evaluated priority sectors, identified most promising potential partners, and facilitated introductions between startups and internal client stakeholders.
Partner engagement:
Set partnership goals, created initial business cases, and developed MOUs for top partnerships based on internal interest and readiness to engage.
Results:
120+ partner candidates reviewed and prioritized
MOUs under development for 4 companies for immediate collaboration, with 2-3 additional companies in the pipeline
Developed pipeline of potential partners, accessible by client’s innovation team via the cloud on CTG’s i3 platform, for continuous additions and refinement
Helped innovation group prove value of open innovation approach among R&D and commercial groups, increasing engagement across the company