We always hear how smart and creative the Valley is. It’s home to hundreds of startups, thousands of apps and billions of dollars in venture money. You might think from all the hype that it has a lock on innovation.
Not true. Companies in old-line industries — little brand names like Goodyear, which reaped $21 billion in net sales last year; Brown Brothers Harriman, the country’s oldest and largest private bank; Whirlpool, the appliance conglomerate behind the Whirlpool, Amana, Kitchen-Aid, Jenn-Air and Maytag brands; and the Mayo Clinic, the 150-year-old hospital to the stars – know a little something about innovation too. Or they probably wouldn’t still be around.
Executives at those companies tasked with keeping them stocked with new ideas for products and services were on hand in Boston Tuesday at an Imaginatik-sponsored event to talk about how they do what they do. Here were six things I learned. …
April 23, 2013
Read the full article here.