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Innovation Strategy PhotoPURPOSE

Fully leverage Leggett & Platt's extensive resources and external intellectual knowledge to provide a constant stream of innovative product developments.

 

ORGANIZATION

"Hybrid" organization combining a centralized Corporate R&D staff with decentralized groups of operating R&D teams.

 

Corporate R&D staff are responsible for establishing, building, and maintaining relationships around the world while actively identifying and assessing internal and external innovation opportunities that best reflect current or potential future interest.

 

THE ENGINEERING COUNCIL

Chaired by Vincent Lyons, Vice President, Engineering & Technology, with participation from regional, group and business unit R&D leaders.

  • Meet on monthly basis (via conference calls or WebEx)
  • Evaluate corporate, segment, group & BU innovations
  • With BD Leaders, select innovations to commercialize
  • Present innovations at Quarterly Management Review

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