Vermont Business Roundtable is a proud partner of VMEC’s 3rd Innovation Engineering Leadership Institute:
Randolph Center, Vermont – The Vermont Manufacturing Extension Center (VMEC) has announced that it will be hosting its third “Innovation Engineering Leadership Institute” on August 23 – 25, 2011 at The Essex in Essex Junction, Vermont. The first IELI training event was held in Burlington in May 2010, followed by the second in February of this year in Woodstock. Innovation Engineering teaches business leaders a proven, systematic approach to leading profitable growth through innovation. It is an intensive 3-day graduate level program designed for senior managers in business, government, non-profit organizations, and academia. Two separate Georgia Tech studies (2008 & 2010) found that innovation is THE MOST profitable primary business strategy compared to low cost, fast delivery, voice of the customer, or quality strategies. In fact, the 3-year average profit margin of companies with a primary strategy of innovation is over 50% higher than for companies competing with a primary strategy of low prices. This training is equally vital to service industries, inventors, entrepreneurs, researchers, non-profits and economic development professionals. (more…)
