Defining Core and Non-Core Innovation Activities PPT

This PPT slide, part of the 23-slide Collaborative Supplier Innovation PowerPoint presentation, emphasizes the importance of clearly defining core and non-core activities within a business, particularly in the context of innovation. It starts by stating that establishing priorities is crucial. Organizations must identify which activities are essential to their innovation goals and which can be outsourced. This distinction is vital for effective resource allocation and strategic focus.

The slide outlines that all business activities should be categorized as either core or non-core. This classification serves as a foundation for deciding which functions will remain in-house and which will be delegated to external suppliers. The Core vs. Non-core Capabilities Matrix is introduced as a tool to assist in this categorization process. By leveraging this matrix, businesses can better understand their competencies and how they align with their competitive positioning.

Furthermore, the slide highlights that achieving clarity on these definitions leads to improved cooperation among stakeholders. It mentions that consensus on critical issues, such as intellectual property ownership and timelines, can enhance collaboration. This is particularly relevant when addressing legal aspects and managing quality expectations.

In summary, the slide provides a structured approach to defining innovation activities, emphasizing the need for clarity in core versus non-core functions. It suggests that a well-defined strategy not only aids in resource management, but also fosters better partnerships with suppliers, ultimately driving innovation and efficiency.

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Supplier Management Resource Management Innovation Positioning