Innovation generally is rewarded in the marketplace. Occasionally, it's also recognized by peer groups, and that brings its own sweet rewards.
Howard Lind and Avi Telyas, founders of the Bayside Motion Group, Port Washington, NY, have been reaping the benefits of innovation for several years. Through an emphasis on research and development that has led to technology breakthroughs, they've grown their company into a leader in its industry and a $20 million manufacturing operation.
Now, they are accepting the plaudits of other industry leaders too.
The two Harvard Business School graduates recently were named semifinalists for 1999 Entrepreneur of the Year by the Harvard Business School Club. It's no wonder.
Here are two professionals who have thrown away tradition on a number of fronts. For example, in their R&D efforts they've been proactive instead of reactive. That investment has resulted in several new products, such as the StealthTM Planetary Gearhead. And, at the National Design Engineering Show, they introduced a modification of that product that incorporates motor technology from MFM Technology, a recent Bayside acquisition.
But, they've also been non-traditional in other areas as well.
They broke from the norm in their manufacturing operations by instituting a team concept, whereby groups of employees are responsible for a product from start to finish.
And, like so many other successful companies, including Baldor, Spaulding Composites, Omron, Phillips-Origen, Schneeberger, and others--they've emphasized employee development as a pathway to success. Bayside has even formed its own internal university, where the company teaches important skills that enable workers to develop personally and professionally. The faculty: professors from local colleges.
At press time, we learned that another industry leader Michael Bussler, president of Algor, received the Scientist Award for 1999 from the Carnegie Science Center in Pittsburgh. Another leader who broke from tradition, he was honored for his invention of Accupak/Ve Mechanical Event Simulation.
Congratulations to all three.