Collaboration: One of the best ways to find opportunity and achieve growth

The Last Word

Asif Naseem
President and chief executive officer, Paragon Development Systems
13400 Bishops Way, #190, Brookfield
Industry: Information technology
Employees: 300

Dr. Asif Naseem is president and CEO of Paragon Development Systems. He says collaborating with industry experts and academia allows companies to innovate.

BTLW-Asif_Naseem_066-Erich_Schroeder_Photography-CMYK

“One of the quickest ways to accelerate innovation is through collaboration among experts from multiple disciplines. At Paragon Development Systems, we’re constantly striving to find new technology solutions to existing and emerging challenges in the enterprise, government, education and health care industries.

“No matter the industry, identifying opportunities to build collaborative relationships among businesses and academia is one of the surest ways to address critical unmet needs in the marketplace.

“It is often the intersection where different industries identify a mutual interest in filling a market need that leads to the initial sparks of innovation. From that point, it’s a matter of identifying the course of action that will result in innovative solutions.

“In our experience, we have found that partnering with an academic center of excellence – Massachusetts Institute of Technology – has opened the door to collaborative opportunities. We have built partnerships with thought leaders from different industries and academia to perform translational work identifying and implementing new ways to develop intellectual property and accelerate its path to commercialization.

“The work being undertaken by these collaborations is opening the door to new opportunities within the markets we serve.

“Change is a constant factor, no matter the business or industry sector, and it requires openness to new ideas and approaches. An organization is best positioned for growth when its leadership seeks appropriate collaborative opportunities that can accelerate innovative solutions.”

Sign up for BizTimes Daily Alerts

Stay up-to-date on the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin

No posts to display