A project can be defined as a purposeful activity to create a unique product or service. It is a once of activity, and therefore
routine activities are not considered projects.

Projects can be small with modest goals, or a large, with multi-departmental initiatives and sweeping corporate implications.

though each project has a clear beginning, and a definite end, the fundamentals of the project management life cycle is essential.

Time has taught us that companies that successfully apply a structured process to innovation project management reduce risk in the business process and increase innovation results over their peers.

What are the differences between managing an ordinary business project and managing an innovation project?

Project management can be defined as the engine that implements new ideas. There are a host of tools and techniques that make this process more effective. In bigger organizations, there are relatively high levels of competence in project management … however, the understanding of how to manage an innovation project is not always as clear. It is important to understand the distinction between a regular project and an innovation project:

1. Innovation projects tend to start with loosely defined, sometimes even ambiguous objectives that become clearer as the project proceeds. The processes used are more a experimental approach and seldom follow strict linear guidelines.
2. Teams need to be more diverse and have a higher level of trust as they explore new territory where failure is a possibility.
3. Actively involved with risk management and need to learn to fail fast and fail smart in order to move on to more attractive options.
4. Innovation projects often involve making hundreds of decisions, a process that can be fraught with hazard and conflict … unless a well-developed set of criteria for the project has been developed in advance. Since these projects run the risk of dragging on and on with endless tweaks and adjustments, someone needs to know how to garner an agreement on what constitutes “done"

We see food innovation is the process of making a product new or better. It can also be the process of doing some service or action in a new way. In business, innovation also has to include the concept of improvement. To innovate in business is not just to do something differently, but to do or make something better.

Our philosophy is - food innovation should improve existing technologies, processes and designs, increase manufacturing efficiency and ensure that new customers are reached. It should lead to the development of new products that will enable processing facilities to stay relevant, comply to social expectation and operate ahead of the curve. Food innovation should ultimately create consumer value and increase profit.

brings innovation to food processing facilities.