Why innovation is so important to Kennametal’s growth

Christina Reitano

 Topics: New Product Process & Execution, Strategy
 Tags: Innovation, PDMA, New Product Development, NPD, Product Development, Strategy, OCI, Outstanding Corporate Innovator, New Product Development Strategy, Pull environment

In 2010, Kennametal received PDMA’s Outstanding Corporate Innovator (OCI) award—the first company to win the OCI award by itself (without a co-winning company) in 10 years. In this article, the author discusses how this tooling solutions company made innovation the focus of its restructuring strategy, while moving the company to a customer-focused business approach.

 Company: Kennametal Inc.
Price: FREE
Why innovation is so important to Kennametal’s growth

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Publication:
Type: Print article
Page Numbers: 9-11
Publication: March, 2011, Visions Articles
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