Webcast Recording: Lessons Learned from Outstanding Corporate Innovators

PDMA’s OCI Award has been in place for 23 years and is the only innovation award which recognizes sustained quantifiable innovation success. This session will provide a review of the common practices and processes which have contributed to the success of these companies. Specific examples of how the winners have implemented these practices within their companies will be shared.

Join us for ‘a look under the hood’ of proven successful innovators.

Since 1988 PDMA has presented The Outstanding Corporate Innovator Award (OCI) to companies which have demonstrated sustained success in developing and launching value creating new products and services over a 5 year time frame. The practices and processes which have contributed to the success of these companies provide a valuable set of learnings for organizations which face the challenges of improving their innovation performance.

This webcast will briefly summarize an earlier OCI webinar which reviewed the common best practices of the winners in the 1988-2003 time frame and will focus on what new/next practices have emerged since 2003. Specific examples of how the winners have implemented these practices within their companies and industries will be shared.

You will learn:

• An understanding of the common processes and practices of (42) diverse companies which have demonstrated sustained innovation success; what separates the winners from the rest.
• A look at emerging/next practices contributing to innovation success
• Specific examples of implementation of the practices 

Meet Your Presenters:

• Sally E. Kay, Principal Strategic Product Development
• Doug Boike, Triad Consulting
• Stan Jankowski, President N.O.V.A.
• Thomas P. Hustad, Professor

Sally E. Kay, Principal, Strategic Product Development
Sally Evans Kay spent 36 years with the Dow Chemical Company and GlaxoSmithKline Consumer Healthcare.  After assignments in R&D, Finance, Marketing and Sales, she focused the last 25 years of her career on commercial new product development and innovation. 

Since retiring, Sally has started a consulting business, Strategic Product Development, and helps her clients with challenges in the front end of the innovation process.

Sally has been active in the Product Development and Management Association (PDMA) at the national and local levels and currently serves as Chair of The Outstanding Corporate Innovator Committee and is past president of the Cincinnati Chapter.  She is an Associate Editor of the third edition of the PDMA Handbook of New Product Development.  Sally has a degree in Biology/Chemistry from the University of Pittsburgh.

Doug Boike, Triad Consulting
Dr. Douglas Boike has been involved in the PDMA since 1990-serving as Conference Chair in 1992, VP of Research, Treasurer for the PDMA Foundation, and long standing member of the Outstanding Corporate Innovator  (OCI) award committee.  Doug recently served as Project Director for the Foundation's Comparative Practices Assessment Study (CPAS) .

Doug was a member of the first Japanese benchmarking team at Xerox in the late 70's.  This early research led to growth of benchmarking as a process development tool and US industry recognition of Japanese processes.  He has held senior positions at Xerox and B/E Aerospace as well as partner level appointments at Booz & Co. and Mercer Management Consulting (now Oliver Wyman).  He currently manages his own consulting firm, Triad Consulting, Inc..  In addition, Doug is also the founder and Chairman of the Board of the Bank of Oak Ridge, a community bank in the Piedmont Triad region of North Carolina.

Dr. Boike holds a BA degree in physics from Kalamazoo College, an M. Eng. degree from Rochester Institute of Technology, and a PhD in Engineering Science from Dartmouth College.

Stan Jankowski, President, N.O.V.A.
Stan was formally Corporate Director of Economic Planning and Strategic Management practices for the Dow Chemical Company.  He founded N.O.V.A. Consulting in 2000, supporting new product development activities of Fortune 500 corporations, providing new product strategy development, innovation skills training for product development professionals, and conducting customized new product Opportunity Assessments.  Stan has been a PDMA member since 1987 and was a past PDMA Director.  He was the PDMA Outstanding Corporate Innovator Selection Committee Chairperson from 200 to 2010.  Stan holds BS and MS degrees in Chemical Engineering from the University of Pittsburgh.

Thomas P. Hustad
Tom Hustad is professor of marketing and a past chairperson of the MBA program at Indiana University's Kelley School of Business.  He is a Certified New Product Development Professional and has served in various capacities on the faculties of York University in Toronto and as a visiting faculty member at City University of Hong Kong, CEU Business School in Budapest, IGBS in Zagreb, Steinbeis University in Berlin and University of Ljubljana in Slovenia.  He was the 1981 president of the PDMA, an international organization with nearly 3600 members drawn from business, government, and universities.  He is presently a member of PDMA’s Board of Directors and is also a member of the Board of Directors of the PDMA Foundation.  He is founder and was long time editor (15 years) of the Journal of Product Innovation Management and was appointed a Crawford Fellow of Innovation in 1993. At IU, Tom was appointed the John Kosin Faculty Fellow for the ten-year duration of this position.  He more recently served as interim director of IU’s Johnson Center for Entrepreneurship and Innovation.  The Nestlé-Hustad Professorship and Fellowship was created and fully endowed by Nestlé in his honor on March 1, 2007.  

Tom has extensive experience in executive programs on three continents, working with companies such as 3M, British Telecom (UK), IBM (US and Europe), Fidelity Investments, Procter & Gamble, Citibank (US and Asia), BellSouth, Ameritech, Sprint, Sherwin Williams, Siemens, M&M/Mars, Ashland, Kimberly-Clark and FMC Corporation.  He taught quarterly in executive programs at The University of Michigan for twenty years, and also in programs at York University, Columbia University and others. Tom has written articles for a number of journals, including the Journal of Marketing Research, Journal of Advertising Research, Management Science and Design Management Journal. 

Duration: 1 Hour

*PDMA members, make sure to log in to receive your discounted member price of $25.