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Global Product Development: Tools, Benefits, Costs and Risks

Location: Your office

Date: Wednesday, June 27, 2012

Time: 1:00pm - 2:00pm ET

Overview

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The world economy is now truly globalized. Almost all product or solution companies must think globally in their strategies for potential customers, suppliers, partners or even investors. For western countries, the traditional thinking has been: invent and develop here, manufacture off-shore, and sell at home and abroad. Now, the global competitive landscape makes it imperative to think more globally from the start.

Scott Elliott
Principal
TechZecs, LLC
Larry Pendergrass
Principal
TechZecs, LLC

In this webinar, Dr. Scott Elliott and Larry Pendergrass from TechZecs LLC outline the case for using the diverse skills and capability of people in developed and emerging nations around the globe to invent and develop "new to the world" and "new to our company" products and solutions for both local and global distribution. They will discuss how to take advantage of different cultural viewpoints and how to organize for communication and success. They will also discuss the costs and risks of decentralizing innovation and solution development vs. the potential benefits. Several informative case studies will be presented and discussed.

By participating in this session, you will learn:

• Tenets for global innovation
• How to release the creativity of diverse cultures
• How to organize and tool-up for global collaboration
• Benefits, costs and risks of global solution development

 

Session Leaders


Scott ElliottDr. Scott Elliott
Principal

TechZecs, LLC


Scott Elliott is well known globally for his experience in high-tech and electronics design, manufacturing and supply chain management. With over 25 years of engineering, management and consulting experience, Scott brings unique, practical insight to all aspects of technology business, including business strategy alignment, supply chain management, world-class manufacturing and R&D management. He has the technical breadth and depth to understand any technology, and the business and management experience to make it a commercial success.

Scott holds bachelor of science, master of science, and Ph.D. degrees in electrical engineering from the University of California (Berkeley and Santa Barbara). He is a senior member of The Institute of Electrical and Electronics Engineers (IEEE), and a member of Sigma Xi. He was one of the first industrial sponsors of the MIT Leaders for Manufacturing program.

Larry Pendergrass
Principal
TechZecs, LLC

Larry Pendergrass has been a leader in the high tech industry for over 30 years, with 17 years in management and 14 years in science and engineering, working for companies such as Hewlett-Packard, Agilent Technologies, Keithley Instruments and Tektronix. He has worked in a wide range of industries such as Semiconductors and other Discrete Devices, Materials Research, Test and Measurement, Wireless, Medical Products and Software. His experience spans a diverse set of technologies such as Electronics, Optics, Acoustics and Magnetics. He has spent much of his career in Research and Development, but has also worked many years in Manufacturing and Marketing.

Larry has an M.S. in Physics from U.C. Davis (with a concentration in optics and solid state physics), Executive Business Training from Stanford Business School, and an Executive MBA from Case Western Reserve University.

What you will learn

• Tenets for global innovation
• How to release the creativity of diverse cultures
• How to organize and tool-up for global collaboration
• Benefits, costs and risks of global solution development

Webinar Outline:

What is Global Innovation?

  • Definitions
  • Innovation in the solution development pipeline
  • Tenets of Innovation
  • Using global diversity to invent new solutions
    • Differing cultural/geographic points of view
    • Potential benefits and cautions
    • Releasing creativity in different cultures
  • Organizing for Innovative Collaboration
    • Different types of global collaboration
    • Centralized vs. decentralized solution development - benefits, costs and risks
    • Collaboration methods and tools
    • Building on success
  • Case Examples (5 or so)
    • Purposes of Collaboration
    • Locations
    • Benefits sought
    • Execution
    • Results
    • Learnings
  • Q&A

How to access this session

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