Podcast Links:

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In this episode of Executive Sessions, John Stewart, MiddleGround’s Founding Partner, and Steve Myers, former operations leader at Parker Hannifin, break down what it takes to create product innovations that solve customer problems and how to profitably bring these ideas to market. They walk through the six-gate process for evaluating and developing new products/features, discuss the challenges of protecting intellectual property, and highlight the balance between innovation, cost, and market timing. Whether you’re navigating the high failure rate of innovation projects or deciding when to launch new features, John and Steve share practical approaches to innovation in manufacturing.