News

Posted On: 05/14/2008

Aberdeen recognizes five best-in-class organizations at Product Innovation Executive Summit

PlantServices.com

Product development executives from around the world gathered at in San Francisco in early May to attend the annual Product Innovation Executive (PIE) Summit hosted by Aberdeen. Attending executives networked with industry thought leaders who shared their product innovation experiences in one of four categories:

• Fostering and commercializing innovation repeatedly
• Empowering engineers to design more innovative products
• Coordinating product development across as well as outside the enterprise
• Managing successful design efforts through outsourced design and supply chain partners

The PIE Summit is part of the Aberdeen Summit Series. These seminars bring corporate executives and industry thought leaders together to share information and provide actionable recommendations for organizational improvement. Summit participation is limited to 250 executive-level participants.

Executive-lead discussions identified the critical components of product innovation including breakthroughs in developing profitable products. Participants are now one step ahead of their competitors with the help of the insights of best-in-class product innovators, which can be immediately adopted to improve product development and engineering performance.

During the proceedings, Aberdeen recognized five best-in-class organizations with a 2008 Aberdeen Achievement Award for their accomplishments in product innovation. The recipients included:

• John Deere, which received the Process Excellence Award for demonstrating process ingenuity, agility, flexibility and scalability in addressing changing business requirements.
• GE Healthcare, which received the Performance Excellence Award for harnessing the performance impacts of value chain activities and mastering methodologies for financial, operational, and customer-centric performance excellence.
• Seagate Technology, which received the Executive Stewardship Award for achieving performance heights due to the direct involvement and leadership of executive management
• Phillips Plastics, which received the Business Evolution Award for managing information flow across internal functional practices to achieve measurable business growth.
• Bose, which received the Innovation in Technology Award for maximizing technology solutions in order to solve pressing product development issues and positively impact company performance.

For more information about the summit, visit http://www.aberdeen.com/events/live/PIE08.