As part of Black History Month 2022, we are spotlighting individuals working around the following themes:
This week we are focusing on Innovation.
Mayowa Olanrewaju is a Knowledge Transfer Partnership (KTP) Associate for Harris Evolution Ltd. A KTP scheme is a UK-wide programme helping businesses to improve competitiveness and productivity. Businesses are provided with applied knowledge and technical expertise to help transform the business.
Based in Bristol, Harris Evolution is a commercial refurbishment company, specialising in quick turnaround projects carried out whilst the buildings are still in occupation. Harris’ work is targeted within three main sectors; Education, Healthcare and Hotel/Leisure.
The 24-month KTP project aims to implement transformational innovation through an Advanced Services approach to contract design and development of leadership capacity, which is led by Dr Kyle Alves , Dr Mel Smith and Professor Gareth Edwards. Through the collaboration with UWE Bristol, Harris will move from a standardised service offer to implementing outcome-based service contracts, tailored around individual customer value.
The aim of the project is to transform Harris Evolution LTD into adopting advanced services to the way contract is been set up. This entails getting to know what the customers exactly need and tailoring a service that best suits their needs.
Mayowa commented on the importance of innovation within the project:
“Innovation is so important because companies of the future will be defined by how quickly they can transform and digitalise their processes and respond to their customers’ demands. In a fast-paced supply chain where customers’ needs are constantly changing, organisations need to be ready to satisfy their customers fast. In our own case, I am looking at how we can leverage on Internet of Things(IoT) to understand the customer asset usage and how we can develop a value proposition
We have all seen the benefits of UBER, AIR BnB, 4G, 5G and so on using innovation to succed. Businesses need to be aware of emerging technology if they want to remain competitive. The organisations of the future will be fully digital and we all have to prepare for it. However, the government need to do more to help SMEs in their transformation journey so they can remain competitive”
Mayowa also talked about the benefits of a KTP:
“There has always been this disparity between academics and the business world as they both have unique ways of doing things so having the opportunity to bridge that gap in a partnership is a wonderful opportunity only KTP can give. The business world is now coming to terms with growth and development academics offer and if properly harnessed, businesses can see the benefits in their annual turnovers.”
Knowledge Transfer Partnerships (KTPs) are funded by UKRI through Innovate UK with the support of co-funders, including the Scottish Funding Council, Welsh Government, Invest Northern Ireland, Defra and BEIS. Innovate UK manages the KTP programme and facilitates its delivery through a range of partners including the Knowledge Transfer Network (KTN), Knowledge Bases and Businesses. Each partner plays a specific role in the support and delivery of the programme.