May 17

Solvay – best practices to generate and promote innovation among teams

Solvay celebrates this year the 150th anniversary of its foundation.The organization, Leader in chemical products, has 29,100 employees all over the world and net sales of 12.7 billion Euro.

Solvay supports and motivates their people to innovate, promoting intellectual freedom needed to experiment and innovate not only in the research departments, but also throughout the company.
The organization supports the generation and sharing of innovative ideas, by carefully managing risk, supporting and understating mistakes that may be made during the creation and development process.

Indeed, the company even organizes a yearly Award in Italy for the people that each year give their contribution to innovative ideas or projects that help develop the whole organization.

In Bollate, a research centre that focuses on Specialty Polymers, 30% of sales come from products resulting from the innovation of the past five years.

Solvay’s approach is similar to the Coaching mind-set, Facilitation on creative thinking and lateral thinking and on training of Teams and organizations.

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