What Is VP Innovation At EPFL?

Let us learn what VP innovation is at EPFL. Also, we will discuss how having VP innovation is beneficial for all the companies today.

Know About VP Innovation At EPFL

VP innovation is the one who is responsible for managing the entire innovation ecosystem in EPFL. The logic behind this is that to create an innovative environment.

Moreover, to have proper management is required. Therefore, it is important to have an executive in an organization who is responsible for innovation.

Who is EPFL? EPFL stand for École polytechnique fédérale de Lausanne. 

It is a public engineering school that is based in Lausanne, Switzerland. The EPFL has two campuses that are located in two distinct cities of Switzerland. 

These are Lausanne and Zurich. It is one of the top-tier universities in Europe.

The EPFL has an alumni network of over 45000 members all across the world. The alumni of EPFL are working in different fields like academics, business, research, and government. 

Therefore, the alumni network of EPFL supports both education and research. This is to create an innovative environment for students.

How VP Innovation Works At EPFL

VP innovation works by creating value for customers through discovering new needs. And also developing products that meet customers’ needs.

Better than the competition’s products. Moreover, VP Innovation works by overcoming resistance to change and achieving breakthrough innovations. 

Also, they work by providing people with unique experiences. That they did not expect to receive. 

Therefore, VP innovation works by assisting students. With their innovation projects for their entrepreneurship projects.

Benefits Of Having VP Innovation At EPFL

How does EPFL benefit from having a VP innovation? There are lots of benefits of having VP innovation.

Here are the benefits of having VP innovation from the following: 

• It helps in developing an innovative environment. 
• It helps in creating new channels for entrepreneurship. 
• It helps in leading the way to innovation. 
• It helps in attracting new partners/suppliers. Moreover, it helps in developing new business models. 

Therefore, VP innovation can help EPFL with all these benefits that are mentioned above. VP innovation helps to provide new ideas to develop better products. 

And also it helps to create new channels for entrepreneurship. Moreover, it helps in bringing new partners and suppliers to the organization.

It helps in bringing new business models that help the organization to grow further. It can help in bringing new ideas for developing better products.

Hence, the benefits of having VP innovation are plenty. Therefore, an organization must have VP innovation to develop an innovative environment. 

How To Apply VP Innovation In EPFL?

Here are the steps to apply VP innovation in EPFL. It is necessary to have a candidate who is willing to work as a VP of innovation.

Moreover, the person should be qualified and must meet the requirements of the job. So the person should have a proper understanding of how innovation works. 

This will help them in doing their job smoothly. Moreover, the candidate must have an active network that can help in bringing new partners. 

And also suppliers to the organization. Furthermore, they must have experience in innovation and entrepreneurship. 

So as well as experience in management roles of at least 3-5 years.