Quote Of The Day
Collaboration is key – Tom Finneran, President MBC  Competition has been at the heart of business activities over the past few decades. Increasingly, attention has been focused on"collaboration". Governments can collaborate with private industry, different political parties can collaborate on critical issues for the betterment of society, not-for-profits can collaborate with for-profits, and suppliers can collaborate with customers. In business, collaboration has been successful in establishing product standardization across the industry. For instance, agreement on internet protocol standards have created a win for the end-user. Today, there is need for such collaboration across many other boundaries. In life sciences, for example, schools can provide multi-disciplinary education in biology, chemistry and computers that would benefit business employers.
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Millennium Ventures is an investment firm that holds invest-ments in companies that participate within the Healthcare, Security & Defense, Consumer & Industrial, New Media and Energy sectors. Millennium either renews acquired organizations or builds new ventures based on emerging trends and vibrant themes. Current themes range from need for real-time decision-making data in an uncertain economy, to growth of optical science based products in healthcare devices and defense.
The organization is unique in its ability to take operating roles at portfolio companies. Its portfolio companies have delivered products that includes, software for
decision-making based on real-time industry research, laser guides for smart
missiles, small fingerprint readers, blood analyzers, galvanometer based
scanners, energy efficient lighting for military transport, and media
creations. The firm adds value by deploying innovation management expertise and a new sustainable strategy for the next decade in the company's life cycle.
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| Our Growth Plan: |
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| Introduce processes, procedures and teams to build a strong infrastructure |
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| Refocus on the sustainable industry segments and exemplify substantial differentiation from peer competitors |
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| Deploy activity based costing to improve product economics both for customers and the company |
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