Hardware Podcasts

126: What Makes a Consumer Product Invention Great

Product Startup · 25 May 2022 · 23m

What this episode covers

Mark Maybury, CTO of Stanley Black and Decker, explains that great consumer products must solve genuine human pain points while being environmentally and socially responsible. He details how Stanley Black and Decker evaluates pitches based on scalability, value creation, and team humility, highlighting examples like bio-based lubricants and eco-friendly packaging. Maybury outlines the company's innovation ecosystem, including the Techstars accelerator and Stanley Ventures, and shares five secrets of innovation: observe, listen, think outside the box, experiment with purpose, and collaborate.

Most relevant to

large enterprises

Topics

Mentioned

Companies
Stanley Black and Decker, Dynamic Green Product, Home Depot
Products
DeWalt, Stanley, Craftsman, Black and Decker, Dustbuster
Also
Techstars, Stanley Ventures

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