A significant gap exists between what U.S. companies want to achieve in terms of innovation vs what they are able to do, said Adi Alon of Accenture Strategy. A recent survey by Accenture of U.S. company executives showed that 60% said their organizations do not learn from past mistakes, nearly double the 36% who admitted to this three years ago. Many of these companies (72%) also miss opportunities to exploit underdeveloped areas or markets, up from 53% three years ago. In addition, 67% of those surveyed believe their companies are risk averse, a large increase from 46% in the previous survey.

Screen Shot 2016-07-29 at 2.22.07 PMBrands looking for innovation and inspiration can start by scanning other industries for new technologies. A group that knows this best and uses it to great advantage is Rogers’ Preferred Converter Network. Most often active in our general industrial, automotive, or mass transit segments, this global customer network utilizes Rogers’ products and manufactures them into final parts for end customers. The converters offer broad adhesive, lamination, cutting, and processing capabilities. They also create innovative solutions by combining materials or developing new manufacturing techniques to help their customers solve design challenges and create differentiation. Being a member of the Rogers’ Preferred Converter Network is not a prerequisite to purchasing material from Rogers, but the group is integral to feeding the ideas and needs of the markets and segments back to Rogers.

The Rogers Global Preferred Converter Conference is an event that greatly facilitates the collaboration between Rogers and the Preferred Converter Network. Held at Foxwoods Resort in Mashantucket Connecticut on June 6, 2016, the event drew Preferred Converters from around the world, many of whom have worked with Rogers Corporation for over 40 years. The Conference provides an opportunity to exchange knowledge and generate ideas for growth, and provides another mechanism for Rogers to learn about customer needs, trends, and new opportunities.

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This year’s Conference was our best-attended to date, with over 90 PCs gathering from around the globe: Italy, United Kingdom, Australia, Hungary, Denmark, Netherlands, Israel, Germany, China, Canada, and United States.

The days were jam-packed with learning — multiple sessions on new product introductions and new application areas…

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…and fun, including a “Shark Tank” pitch competition!

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Continuing in the spirit of friendly competition, an application contest was also held. Congratulations to the winners:

And last, but certainly not least, kudos to the top foursome at the Patrick J. Fahey Memorial Golf Tournament:

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