Bord na Móna plc were the first company in Ireland to achieve ISO 9001 certification for our Innovation Management Process. Achieving this certification demonstrates that we have adopted a best practice approach for managing ideas and projects.
The Innovation Centre has a specifically designed IT platform to digitally capture and prioritises all your shared ideas. This process ensures that the best ideas are progressed to become tomorrow’s new business opportunities.
Our open innovation model means that ideas originate from a range of sources such as Bord na Móna employees, members of the public, Universities, Institutes of Technology and other external interested parties. This process ensures that the best ideas are prioritised.
Operating an open innovation model means that we generate ideas from a wide variety of sources. These include internal employees and our external Innovation Network including third level institutions, companies and inventors. Believe it or not, the majority of ideas received are based on continuous improvement of existing products and services, or ways we can eliminate waste and ‘lean’ our business operations. The remainder of ideas shared are novel or new concepts which are all welcomed to diversify our business.
Ideas are classified into one of three horizon groups. Horizon 1 ideas represent the day to day activities of the company. Horizon 2 focuses on the immediate future and Horizon 3 ideas look into the future. Overly focusing on Horizon 1 can result in some radical or breakthrough opportunities been missed which can be problematic for the future of the company. On the other hand too much of a focus on the future may mean that the focus is being taken off existing business and you are in danger of being out competed in the current market. With this in mind, we investigate ideas from all three horizons.