ABSTRACT

This chapter highlights the potentialities of an approach which anticipates weak signals and trends based on the analysis of internal and external sources. The separation of research from development, the use of foresight methodologies and the creation of a supportive structure for strategic decisions could be of extremely high value in driving the innovations of tomorrow. The history of Eurotech is marked by ongoing success, as testified by the many product launches, innovation awards, strategic partnerships and the presence of Fortune 500 companies among its customers. As for the structure of the Eurotech group, the function of research and foresight is located at the corporate level, while each company has its own development function. The organizational structure of Eurotech involves the separation of functions according to their relevance for present and future customers. Eurotech's acquisition strategy has the dual purpose of acquiring companies specialized in complementary products and/or expanding to new countries and new markets.