Boston, MA (PRWEB) June 19, 2012
Innovation consulting firm Innosight announced that board member Roy Davis is the recipient of a lifetime achievement award from Global Corporate Venturing Magazine. The magazine’s annual Awards Gala and Symposium recognizes individuals and organizations for their contributions to the venture community, successful portfolio launches and sales, and industry leadership. Accepting the “Industry Legend” award, Davis was lauded for his prolific career with Johnson & Johnson and his dedication to developing new companies under the J&J banner that deliver transformational healthcare solutions.
The award celebrates Davis’ nearly three decades at Johnson & Johnson. Most recently serving as president of Johnson & Johnson Development Corporation (JJDC), he identified early market indicators, healthcare trends and strategic investment opportunities. He also led the creation of Red Script™ Ventures, designed to support the growth of external ventures and internal innovation. Under Davis’ leadership, JJDC, the venture capital subsidiary of J&J, fostered a culture of collaboration, dedicated focus, and milestone management with portfolio companies to improve the investments’ short- and long-term financial outcomes.
As a newly appointed member of Innosight’s board of directors, Davis offers a global perspective and a rich understanding of the healthcare industry. The authority on disruptive innovation, Innosight has deep healthcare expertise, helping pharmaceutical companies, medical device manufacturers and healthcare service providers leverage new business models and solutions that redefine healthcare delivery in markets around the world.
Davis also serves as a member of the Industrial Advisory Board of the Cleveland Clinic, and sits on Rosetta Genomics’ board of directors.
Innosight is a strategy and innovation consulting firm that helps clients achieve repeatable growth through innovation. The leading authority on disruptive innovation, Innosight collaborates with companies to devise growth strategies, develop innovation capabilities and leadership, and create new products and services that improve people’s lives. Innosight is based in Lexington, Massachusetts, with offices in Singapore and India.