DALLAS, April 27, 2006 (PRIMEZONE) -- George Group Consulting recently concluded Innovation Roundtable 2006, a groundbreaking executive summit held at Dallas' Nasher Sculpture Center that brought together a select group of Fortune 500 leaders and George Group innovation experts to discuss challenges, share best practices and explore ways in which companies can better structure their organizations to drive innovation, accelerate development cycles and achieve sustained organic growth.
The invitation-only event, attended by leading executives responsible for innovation and growth across industries as diverse as general industrial, financial services, health care, technology and retail, focused on helping businesses get to the heart of four key innovation-related questions:
-- Where do new and differentiated product and service ideas
come from?
-- How are new projects selected and launched?
-- How are metrics used in product development?
-- How are innovation skills deployed across the organization
for maximum effectiveness?
"Businesses across all industries continue to struggle with creating a rigorous approach to innovation that gets them quickly from concept to development to delivery," said Dan Chow, Leader of the FAST Innovation Practice at George Group Consulting. "A related issue raised in our discussions is the challenge of building an organizational structure that allows you to deliver an ongoing pipeline of products and services that customers are willing to pay for. We were pleased to be able to bring together this outstanding group of leaders in a lively, open discussion to offer their perspectives and share their insights, and we look forward to continuing to work closely with them going forward."
George Group's FAST Innovation Practice provides clients with a systematic, analytical and repeatable approach to:
-- Accelerating time-to-market
-- Building a robust pipeline of truly differentiated offerings --
products & services, processes, business models, and market
strategies
-- Creating a deep and lasting innovation capability in their
organizations
About George Group Consulting
George Group Consulting (www.georgegroup.com) helps Fortune 500 companies create lasting shareholder value by unifying unique strategic insight and operational excellence. The firm's FAST Innovation practice provides clients with a groundbreaking methodology for accelerating time-to-market and building a robust pipeline of truly differentiated offerings. The firm's Complexity practice helps clients maximize economic profit, improve capital efficiency and lay foundations for future growth by quantifying and optimizing product, service, and process proliferation. Complementing these two practices is George Group's unparalleled 20-year track record in applying Lean Six Sigma to build best-in-class operations capability in clients around the globe.
Headquartered in Dallas, Texas, with teams of consultants based locally around the world, George Group serves clients in more than 54 countries.