Innovation Factory: How Parker Hannifin Pumps Out Breakthrough Products – Forbes

To spur breakthroughs, midwestern industrial giant Parker Hannifin let a maverick engineering boss unleash his own brand of Silicon Valley startup culture. How far will the experiment go?

Source: www.forbes.com

It does not matter how old school the company, there must be an urgency to find the next product or category or service that customer will value and pay for.  And it is a battle to secure the financial and intellectual resources required to just that despite the collapsing half life of what you already have.

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