2013 Outstanding Corporate Innovator Award Winners
The Product Development and Management (PDMA) announced the winners of the Outstanding Corporate Innovator (OCI) Award as Baker Hughes and Sherwin-Williams Paint Stores Group. The OCI Award is the only innovation award that recognizes sustained and quantifiable business results from new products and services. The OCI committee evaluates companies and chooses winners that have proven themselves exceptionally capable of integrating strategy, culture, process and technology to consistently create and capture value through product and service innovation. The 49 OCI Winners recognized since the award’s inception in 1988 represent diversity in industry and size but share a common bond in their commitment to innovation as a means to achieve corporate success.
“Baker Hughes and Sherwin-Williams Paint Stores Group both demonstrate corporate commitment to innovation, as well as a focus on providing unique solutions to challenging customer problems to gain competitive advantage,” said Sally Evans Kay, Chair, OCI Selection Committee. At the conference, these two companies will detail the practices and processes instrumental to their innovation success, providing valuable learning opportunities for the new product development and innovation community. The OCI Session provides a rare opportunity to ‘look under the hood’ of a successful company – a priceless opportunity for companies wishing to improve their own innovation practices.
Winners will present at the upcoming PDMA conference. Steve Revnew, Vice President of Product Innovation, will share how SWPSG capitalizes on its unique distribution model and market research tools to identify and meet the specific needs of multiple customer segments – from architectural and industrial painting contractors to do-it-yourself owners.
For more information, visit www.sherwin-williams.com.