(R)Tech | (R)Tech Open Innovation (ROI) Engine
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(R)Tech Open Innovation (ROI) Engine

The (R)Tech Center for Innovation will connect retailers to a diversity of innovative, entrepreneurial and creative problem-solvers to build a forum for retail open innovation – a new way of addressing complex business problems in a rapid, cost effective, and efficient way.

Identify and Refine

Develop a Preliminary Challenge Brief that describes the problem and includes suggested success criteria, timeline, IP treatment, and challenge reward.

Establish Paramaters

Develop a Challenge Committee, comprised of retail executives with direct responsibility for the topic of the challenge, who will determine a prize, timeline, and necessary legal safeguards.

Connect to Solvers

The (R)Tech Center will then publish final Challenge Brief to our innovation community and forum of solvers.

Evaluate and Review

The Challenge Committee convenes to review all submissions based on the preestablished success criteria and determine Challenge Champion(s).

Review

For each completed challenge, the Center will interview Challenge Champions and the Challenge Committee members to review learnings from the process, pilots, or ongoing work.