Following a rigorous review process with nominations from around the globe, the Product Development and Management Association (PDMA) announced the 2020 Outstanding Corporate Innovator (OCI) Award winner.
Medtronic was selected as the winner, based upon findings from extensive virtual site visits with all finalists. Finalists for the award were chosen because they demonstrated sustained and quantifiable innovation success linked to disciplined practices and processes.
The award a a global innovation award recognizing sustained and quantifiable business results from new products and services.
"Proud to receive the PDMA International Outstanding Corporate Innovator Award. Our company was built on the concept of innovation more than seven decades ago and it is still at the core of our Mission to alleviate pain, restore health, and extend life," posted Medtronic on social media.
2020 marks the 33rd year in which PDMA has given this prestigious award, and past winners represent a group of global corporations widely recognized and respected for their innovation success.
As the winner, Medtronic, will share at a forthcoming PDMA webinar details about the practices and processes that have contributed to its innovation success.
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