Be Part Of The Solution
What a Golden Opportunity for us !!! Paul Olsen Vice President of Product Development & Marketing at Polygroup Limited is developing an Open Innovation Portal for his company and he contacted us to see how he could integrate the Independent Inventor Community into the project. What does this mean?
In general, large companies consider Independent Inventors as tinkering dreamers. After all, they employ the brightest and the best engineers, designers, product developers to come up with ways to expand their lines as well as develop new lines to keep their competitive edge in their respective industry. This led to almost an eternity of the, “Not Invented Here Not Interested” attitude.
Then in 2003, Dr. Henry Chesbrough began to convince the larger companies to look outside their doors for disruptive new concepts that could greatly increase their bottom line. This has been a huge success. However, each company approaches the system in different ways. Some are very ridged requiring issued patents and laborious questioners that cover all the issues in a formal business plan. While others are very open and more relaxed. I believe Paul is leaning toward the latter.
Polygroup Limited http://www.polygroup.com/ is a world-wide leader in the manufacturing of artificial Christmas Trees, Christmas lighting, Air Mattresses, summer inflatables and above the ground swimming pools.
Mr. Olsen has worked his way up to Director of Operations & Product Development for Swimways in Hong Kong and was the Director of Global Brand Management and Product Development for Toys R Us which makes him perfect for his present position.
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