Case Study

Atreus Executive Program Manager guides company to bootstrap innovation capabilities

Leading manufacturer in the steel and metals segment

Development of several innovation capacities at one of the largest manufacturers in the metal and steel sector. Various structures were set up for the innovation organization and an ecosystem was established.

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Company Details

The group is the world‘s largest manufacturer of products in its segment in steel and metals
+30,000 employees worldwide
~ €6m revenue
Public listed company with 80 production sites worldwide

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Situation and Challenge

To date, the strategic business plan has only included incremental product innovations
No involvement in IoT so far
No functioning innovation department

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Objective and Tasks

Corporate value to be doubled and 3 businesses to be established by 2030
Topics, structure, tools, network, governance and budgeting have to be cross-checked with strategy & scope of ambition
Stakeholder engagement in support for dual tenure
Introducing a growth mindset and culture of innovation

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Measures and Procedures

Categorize product portfolio in incremental and disruptive approach
Implement transparency and steering tools
Establish advisory board

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Results and Achievements

New structure for innovation organization, profiles and candidate selection
Process, structure, budget, tool support under implementation
Start of ecosystem building and stabilization of efforts through innovation advisory board

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