THE 2014 OUTSTANDING CORPORATE INNOVATOR AWARD (OCI) NOMINATION PROCESS IS OPEN

    By: Allison LeMay on Nov 20, 2013

    NOMINATE AN ORGANIZATION TO JOIN AN ELITE GROUP OF GLOBAL CORPORATIONS RESPECTED FOR THEIR INNOVATION SUCCESS

    DEADLINE FOR NOMINATIONS IS MARCH 3, 2014

     

    In 2013 PDMA celebrated 26 years of recognizing and rewarding organizations which have achieved sustained and quantifiable business results from new products and services. At the International Conference in Phoenix the 2013 OCI Winners, Baker Hughes and Sherwin-Williams The Paint Stores Group, shared with the attendees the practices  which have contributed to their ability to consistently create and capture value through innovation.

    The OCI Committee now starts the process of identifying candidates for the 2014 OCI Award and your help is needed. We are looking for organizations which can demonstrate the use of disciplined practices to continuously develop and launch a stream of value creating new products and services. The specific criteria are—

    • Sustained success in launching new products over a five-year time frame.

    This measure confirms the winner's approach to innovation and new product development goes beyond a single major product success. The winner's new product track record over an extended period provides adequate time to establish its ability to perform at an exceptional level in new product development.

    • Significant company growth from new products.                                           

    This standard insures that new products that simply upgrade and replace previous company products are not considered the sole basis of outstanding performance.

    • Well defined new product development practices and processes that can be described to others.                                                                                           

    Since the OCI Award is seen as a learning tool for other practitioners, it is essential that the winner have new product development practices and processes that can be described adequately to the membership.

    • Distinctive innovative characteristics and intangibles.                                 

    This standard recognizes unique and innovative characteristics of the organization's approach to the new product development process that make it particularly suitable for the organization. It also provides for the recognition of noteworthy intangibles including the organization’s culture.

    Firms, regardless of size or industry, which meet the above criteria, are candidates. Self nominations are encouraged. Please help us identify the 2014 OCI candidates by completing the simple nomination form which can be found here.

    To learn more about the award and the past recipients click here. Thank you for your help in maintaining OCI as a valuable PDMA asset. If you have any questions please call or email me.

     

    Sally E. Kay

    Chair, OCI Selection Committee

    513-753-7623

    sally.e.kay@fuse.net

    Released: November 20, 2013, 10:37 am | Updated: December 4, 2013, 2:13 pm
    Keywords: PDMA News


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