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A new University of Wisconsin-Stout daylong program will help train business and industry professionals how to develop an innovation strategy.
The Innovation Engineering Workshop is scheduled from 8 a.m. to 5 p.m. Thursday, April 3, at Chippewa Valley Technical College, 403 Technology Drive E., Menomonie.
The event is sponsored by UW-Stout's Manufacturing Outreach Center and Professional Education Programs and Services.
The program will focus on the needs of CEOs, owners, senior leaders, plant managers and business development managers.
The innovation engineering method to be discussed has shown to increase innovation speed and decrease innovation risks.
Studies have found that only 10 percent of companies have an innovation strategy. Innovators have a return on sales twice as high as manufacturers that rely on low-cost, quality or delivery strategies.
The workshop will train participants to:
? Discover why innovation management is a must-have for business growth
? Understand the types of innovation and why they are important
? Learn to implement tools to create innovative ideas
? Participate in exercises to begin their journey
? Gain insight on implementing a sustainable innovation management system
For more information and to register, click here.
Keynote speakers will be Bob Oliver and Jeff Carr. Oliver is a business growth adviser at UW-Stout MOC; he is an electrical engineer with 28 years of experience in manufacturing, development, project management and operations management. Carr is a management engineer at the center; he has 28 years of experience in management operations and international business development.
UW-Stout Professional Education Programs and Services, a division of the Discovery Center, supports the mission of the university by providing adult learners with access to university education and resources to enrich their personal and professional lives.
The unit provides programs relevant to the changing needs of business, industry, educators and the greater community.
The MOC, also under the Discovery Center umbrella at UW-Stout, is a partner in the National Institute of Standards and Technology's Hollings Manufacturing Extension Partnership.
The MOC and its NIST MEP affiliates work with small and midsize U.S. manufacturers to help them create and retain jobs; increase profits; and save time and money. Last year, through third-party independent surveying, clients reported more than $13.9 million in impacts and 123 jobs created or saved as a result of MOC services.
The MOC serves manufacturers in 33 counties in northern and western Wisconsin to help them compete in a global economy.