FAQ

FAQs

What types of projects do you work on?
Our focus and efforts are spent partnering directly with Koch’s key decision-makers to prioritize and capture value on the most ambitious innovation opportunities
I’m a key innovation leader. How do I know if my problem or project would be a good fit to collaborate with Advance Concepts™ on?
Advance Concepts™ works directly with Koch’s leadership to prioritize the highest value opportunities across the businesses – that are suitable for these capabilities. We don’t solicit for projects, but if you have an opportunity that you feel would be high value to the entire organization, please let us know.
I’m interested in driving innovation and learning new methods to solve my problems or partner with my team to drive solutions. Can you help?
You’re in luck! We’ve gathered all of our recommended and trusted tools and resources here to help. Also stay tuned for live events like Design thinking boot camps or Practitioner huddles!

Investment Criteria

Transformative or Disruptive: transformative to profitability, new market, new offering

Cross KII + Market Relevant: at least (2) businesses, market pull, aligned focus area‍

‍High Business Priority: senior leadership willing to be a sponsor or champion

‍Business Investment: provide talent, resources, and time

‍Direct Profitability: investment opportunity where we get better returns

‍Progress Already Made: articulate problem, MVP concept, idea of target customer

Operating Model

Discover: identify, define, and vet potential problem or opportunity area (outcome: assessment and
sponsorship)

‍Validate: accelerate the learning by experimenting on a problem of opportunity to validate the value potential (outcome: proof of concept, proof of value)Value Assessment – Determine the best way to capture the value

‍‍Capture Value: execute on the best way to profitably capture value (outcome: acquire, partner, build the solution)