Rikon shortlisted for Knowledge Transfer Ireland 2017 Impact awards

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Rikon

Rikon

WIT and Keltech have been shortlisted for the highly reputable Knowledge Transfer Ireland Impact Awards 2017 in the Consultancy Impact category

Waterford Institute of Technology (WIT) and Keltech has been shortlisted in the Consultancy Impact category for the prestigious Knowledge Transfer Ireland Impact Awards 2017. The annual KTI Impact Awards showcases and celebrates successes in knowledge transfer carried out in Irish publicly funded research performing organisations (RPO) in the previous year.

Tribute

The Consultancy Impact award recognises and pays tribute to a researcher/research group in providing expert consultancy advice and support to a business or public sector organisation that will have resulted in a demonstrable economic and/or public benefit.  The award celebrates both the company success and the RPO, including the support provided by the Technology Transfer Office (TTO).

WIT shortlisted application for this Award is Dr. Patrick Lynch, Centre Director of RIKON. An international-leading centre of excellence in the study of Service Innovation and Business Process Excellence, RIKON has been a success story in working with companies to help them create new business or re-imagine how they do business better.

Strategic vision

The consultancy project between RIKON and Keltech involved the development of an innovative blue-ocean strategic vision that moved the company from a metal fabrication sub-contractor to a metal contract manufacturing outsourcing partner. This represented a huge business transformation for Keltech. Founded in 1989 by the current manging director Ray Breen, Keltech began as a humble mechanical workshop with a supporting team of mechanical fitters working off-site servicing local companies. It has now evolved into a metal contract manufacturing outsourcing partner, employing 130 people, located in a modern automated 90,000 sq. ft. facility, and whose clients are Original Equipment Manufacturers across Europe (e.g. Yanmar, Toyota Denso, Liebherr) who outsource their sub-assembly manufacturing processes to Keltech for integration into their main production line.

Prestigious award

Commenting on the nomination, Dr. Lynch stated that “to be shortlisted for this prestigious award is a great recognition from Knowledge Transfer Ireland as to the calibre and impact of the consultancy delivered and to the very technically challenging problem of creating and deploying a blue ocean strategy in a real-time commercial environment”.

Critical to the implementation and success of this project was the strong commitment of the Keltech management board and in particular the General Manager, Declan Walsh, who was the internal project champion, “at the heart of this success story is a truly collaborative and integrated relationship between Keltech and RIKON where we have empowered our employees to have the belief in themselves to take ownership of the transformation to ensure a culture of continuous improvement and change management was embedded in Keltech.

Opportunities

According to Dr. James O’Sullivan, Technology Transfer Manager, WIT -“RIKON have got under the hood of the Keltech business model which has allowed significant savings for the company in addition to the realisation of new business opportunities.  Service model innovation is complex and the TTO has remained a silent partner in the background ensuring all of the contracting and IP is professionally and efficiently managed.”

The KTI Impact Awards will take place on Thursday 30th March 2017 in the Royal Hospital Kilmainham - http://www.knowledgetransferireland.com/KTI%20Impact%20Awards/


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