Innovation Intro :: Competitiveness Challenge

The Competitiveness Challenge

For the 2009-2010 edition of MAGNET's Competitiveness Challenge Awards, MAGNET invited manufacturers to submit a quantifiable project that fits their strategic plan for growth and global competitiveness.

Through participation and with the support of MAGNET staff, manufacturers will improve their ability to plan and implement a strategy, benchmark the company's value proposition, improve and acknowledge the teamwork in the organization and showcase the company's strong leadership.

In this short video, three participants in the 2008 Challenge explain how participation benefitted their companies and why they enthusiastically recommend participation to other manufacturers.

Read about the 2008 Challenge Winners here.

Successful Competitiveness Challenge projects will focus on any of the following areas:

  • Innovation in product and process development
  • Expansion in global sales, sourcing and markets
  • Improved productivity
  • Corporate social responsibility efforts related to green and ecological solutions

The 2008 Competitiveness Challenge results speak for themselves:

  • $250 million in regional economic impact
  • 136 jobs created or retained
  • 20 new products launched.

Download the two-page 2009-2010 Competitiveness Challenge Manual, (PDF, 51k) , or contact Greg Krizman at (216) 432-5311.