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How to grow and innovate

The annual Executive Leadership Conference held by the Packaging Machinery Manufacturers Institute is known for, among other things, its ability to attract some pretty terrific business session speakers.

PMMI's 2007 ELC, held April 22-26 in Marco Island, FL, was no exception. It featured a freewheeling and insightful two-part session by Michael Treacy, author and co-founder of GEN3 Partners. That firm, based in Boston and St. Petersburg, Russia, is dedicated to creating science-based product innovations for a wide range of clients. Delivering advice on how packaging machinery builders can grow and innovate was Treacey's main focus. His observations included these:

-The U.S. has abandoned its innovation edge where mechanical devices are concerned.

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