TH Group Innovation, Value, Experience Stephen Mitchell - MD THG_S. Mitchell - June 9th 2010 1 Global Brands – Made in Scotland • Teknek – global leader in contact cleaning • Coughtrie – Scotland's oldest industrial lighting company – formed 1938 • MESO design – Technology and Product Realisation services • Keizai – Operational Excellence development services THG_S. Mitchell - June 9th 2010 2 Who are Teknek? • Teknek are: – World leaders in contact cleaning market – Manufacture solely in West of Scotland – 80% of suppliers within 30 miles of site – 98% export of finished goods • Around 50% goes to Asia THG_S. Mitchell - June 9th 2010 3 Coughtrie • Vandal Resistant Lighting – Social housing – Custodial – Railways – Urban • All made in Scotland THG_S. Mitchell - June 9th 2010 4 Collaboration • Innovation in all things – Products, process, distribution • Key Values for TH Group – Innovation, Value, Experience • Major competitors – Asian copycats – Innovate fast and regularly • Two Different Projects – Short Term – Herriot Watt – Long term – Glasgow University THG_S. Mitchell - June 9th 2010 5 Why collaborate • We have well developed traditional R&D • Need to be more innovative in the R&D process • Merge the ‘tried and tested’ with the ‘wacky idea’ • Looking for best practise, and long term sources of expertise. • IP major issue, so keep it local THG_S. Mitchell - June 9th 2010 6 Herriot Watt • Coughtrie – – – – – – – – – 70 year old business – conventional lighting Rescued from bankruptcy in Nov 09 Identified a major gap in LED knowledge Starting with our local SE account manager constructed a brief of the skills we needed Herriot Watt had the appropriate skills Short Term specific project ~ 3months Provided specific results and up skilling Jump start – project will continue with new internal team First major Social Housing LED project – Lambeth THG_S. Mitchell - June 9th 2010 7 Glasgow University • Teknek – Gap in the innovation process • Needed both faster innovation and latest thinking – Three Universities ‘pitched’ • Glasgow, Strathclyde, Caledonian – Chose PDE (Product Design Engineering) at Glasgow THG_S. Mitchell - June 9th 2010 8 Dare to be different • First project – Unspecified • Had two of the best MEng students over the summer • Worked on injecting ‘wacky’ innovation into R&D process – 1st product launched only 6 months after started • Project 2 – Harness innovation at PDE • Principle sponsor of PDE course – £2k student prize for the most innovative design – Formed an Innovation and Design Business using PDE graduates – MESO Design • That resource is blended with PDE to provide innovation for both TH Group companies and third parties THG_S. Mitchell - June 9th 2010 9 Interface to Business • Meso Design – Technology and Design • 1 year old – Lodged several patents ranging from » Personal air pollution monitoring » New concept in Vivariums – Third party products already appearing, for example » Weight Angel » Commercial vehicle weight and weight distribution system THG_S. Mitchell - June 9th 2010 10 Does Collaboration work? • We liked it so much we bought the business !!! – Pick your project well – Pick your partner well – Don’t pick the partner who has access to the best funding – Ask for the moon – Have fun THG_S. Mitchell - June 9th 2010 11 Support • Well supported by SE • All Academic interactions good • Now giving back – Provide £25k per year to PDE – Industrial Liaison Board • Finding industrial projects for students – Taking Innovative idea from PDE and helping commercialise them THG_S. Mitchell - June 9th 2010 12