With extensive investment in breakthrough innovation, our Tools & Storage business launches an average of three new products every day, and brings to market approximately 100 ‘World’s Firsts’ each year – an extremely high benchmark for success.
Stanley Black & Decker is a proven powerhouse in new product development, perennially at the top of the patent rankings. Innovation is in our DNA, and our processes and culture have supported a constant stream of incremental or linear innovation across our portfolio.
But we know that’s not enough to guarantee our future. “The Innovator's Dilemma” puts it clearly: “The very management practices that have allowed companies to become industry leaders also make it extremely difficult for them to develop the disruptive technologies that ultimately steal away their markets.”
“The Drawing Board” Opens for Business
To spark and capture innovative ideas brewing across Stanley Black & Decker, we have launched an internal innovation portal, “The Drawing Board.” The purpose of this platform is to engage our global team in innovation crowd-sourcing for new and next-generation solutions. Piloted within Tools & Storage in 2015, the portal generated three times the expected participation rate, and is now being rolled out enterprise-wide.
Guided by a fearless pursuit of innovation and a passion for quality, STANLEY Security develops the tools you need to take responsibility for your security.
Discover more about how we innovate here.
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Since 1843, we’ve set the standard for excellence in everything we do. No company on earth has a stronger or more compelling history of delivering the hardworking, innovative, powerful tools that help professionals around the world build, repair, and protect the world’s most valuable objects.