Dr. Allan G. Brown, Vice President and Chief Technology Officer of CAMP, Inc.,  authored a terrific article summarizing some of today's key discussion points on innovation. In it, he urges both large and small companies to treat innovation as they would any other management process by developing an Innovation Strategy with its resulting business process...

"Like all management processes, it requires defining objectives, metrics and incentives for those involved in the innovative activities within the company."

... and utilizing Open Innovation, which he neatly defines as "the process of searching for and adopting new ideas, technologies and solutions outside of an organization". By becoming more adept at innovation, Brown says, companies can increase profit by developing new products and services at a faster and more efficient rate - a critical need in today's globally competitive marketplace.

Dr. Brown is Vice President and Chief Technology Officer of CAMP, Inc., a non-profit organization based in Cleveland, OH that helps manufacturing and emerging technology-based companies understand, adopt and implement innovative methods and technologies.

See the full article: Defining innovation in manufacturing by Dr. Allan G. Brown (Crain's Cleveland Business, Sept. 26, 2005).

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