The race to invent, reinvent or simply improve products has become so fast and
furious that traditional development processes and cycles can’t cut it. The Innovation
Contest has emerged as a finely tuned Open Innovation option that delivers speed,
transparency and ultimately solutions that can be applied more quickly in the market.
By: Denys Resnick, Executive Vice President, NineSigma
Before joining NineSigma in 2008, Resnick was founder and President of
TradeQuest,Inc., a consulting firm that developed and implemented international
business growth strategies for global manufacturing and service companies.