CIMdata PLM Industry Summary Online Archive
5 September 2007
Events News
Invention Machine Customer Discusses The Power Of Harnessing Aging Workforce Expertise and Global Concepts for New Product Development
With millions of baby boomers expected to retire by 2014, businesses are looking at ways to harness and reuse the expertise and experience of their aging workforce.
Pratt & Whitney Rocketdyne (PWR), the global leader in space propulsion engines, started planning for this eventuality in early 2000. About the same time, its engineers were tasked with developing a more powerful engine for NASA at a relatively lower cost.
Collaborating with Invention Machine, PWR designed a highly effective, cost efficient program to address the company's engineering and knowledge retention challenges. With expertise in driving sustainable innovation in global organizations, Invention Machine empowered PWR engineers to leverage and build on the experience of its historic Apollo-Saturn program, reducing cost as well as risks associated with the development of the new engine.
Come hear how PWR and Invention Machine created the successful Innovation and Knowledge Management program, a program that continues to deliver cost effective, cutting-edge technology in today's competitive environment.
WHAT : Innovation and Knowledge Management Best Practice
WHO : Kiho Sohn, Chief Knowledge Officer, Pratt & Whitney Rocketdyne
Jeff Boehm, Vice President Marketing & Strategy, Invention Machine
WHEN : Wednesday, Sept. 12, 11:10 a.m. PT
WHERE : Front End Innovation, Sept. 10-12
The Westin San Diego, 400 West Broadway, San Diego, CA 92101
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