Happy New Year! I hope this year brings success and prosperity to all
of our members. Whilst success will mean different things to each of
you and your endeavours, I wish you luck in achieving your goals for
this year. (Because I think innovation does take a little luck
sometimes... as well as a good approach, investment and expert support!).
This year will be a big one for this humble project. A successful
year for this project means helping you to innovate and solve
problems. Although we’ll measure our service in a number of ways, the
best ‘KPI’, without a doubt, will be to 'survive' the early days and
be able continue to offer expert insights and connections into 2020!
That’s the primary focus of the FIAL Matrix and BHF team.
Other success indicators for this project include adding more topic
sites and securing the next stage of investment funding from our
partners. As I’ve indicated in a previous post, this project will need
to prove financial viability in order to prove that the idea offers
value to our members. In turn, this will demonstrate effectiveness of
the model to attract more investment and grants to help lower the
risks of food innovation for our members.
We're also aware that there are other topics, beyond Building
Healthier Foods, that can help businesses innovate and solve problems.
When we first asked food manufacturers about the building healthier
food concept, it became apparent that there were other technical
topics that could help food businesses. These topics included, new
product development (NPD), developing truly innovative products, food
safety, traceability and protecting brands from food fraud, effective
scale-up for products, food process engineering, diversifying products
for export and waste reduction. Based on these insights, we've
developed a platform that can host a series of topics to provide
relevant information and direct connections to experts. If you know of
any other topics (or agree or disagree!), feel free to leave a comment below.
New topic sites and investment from partners go hand-in-hand for the
success of this project and to support effective and profitable
innovation in our food sector. The key for us will be to focus on the
topics that are relevant and provide bespoke insights and connections
for our members. If you believe that this is an initiative that your
business (or our industry) needs, please let others know about it.
I'm looking forward to working with you this year...and into 2020!