
Quarterly Newsletter
July - September 2009
Download a PDF of this newsletter
As our world changes, so does the way we design and develop new products. Global competition, global resources, evolving consumer demands and shifting economic circumstances all affect how innovation is delivered . Many companies find it increasingly worthwhile to expand their innovation efforts beyond traditional boundaries, partnering with a variety of outside organizations to bring new successes to the market. This “Open Innovation” has lead to hugely successful initiatives for companies big and small. There is an openness to partnerships that enhances the process and implementation of new product development.
Innovation for today includes strategic partnerships. Open Innovation has an important role throughout the product development process. Product companies can see significant benefits by bringing manufacturers, logistics and supply chain, and other elements into the innovation discussion. These benefits manifest themselves through lower cost, improved quality, faster time to market, and in many other ways which accelerate a return on investment through innovation.
To extend a culture of Open Innovation beyond the traditional realm of technology development, design, and engineering, Slingshot has introduced Slingshot Global. This company connects and innovates directly with manufacturers and leverages the discipline of production manufacturing with the speed of rapid product development. Slingshot Global fills an industry niche of quality, affordable prototypes used for marketing samples, product testing, and overall validation before major commitments are made to tooling or production quantities. Clients have a strategic advantage in innovating new product and product lines with seamless communication through every step of the product development process.
Contact Ottie directly for more information on Open Innovation and Slingshot Global or visit www.SlingshotGlobal.com
Bob Burkhardt, New Product Development - email: bobb@slingshotpdg.com phone: 972.837.5134
Return to this quarter's newsletterWe would love to hear your experiences with accomplishing innovation! Sign-up to receive our newsletter and submit your tips at technology@slingshotpdg.com.