WENZEL receives TOP 100 AWARD for the third time
February 4th, 2021 - The WENZEL Group GmbH & Co. KG from Wiesthal has been awarded the TOP 100 Seal 2021.
This is the third time that the company has been honoured with this award for particularly innovative medium-sized companies, following 2016 and 2018. Previously, WENZEL had proven its innovative strength in a scientific selection process.
In the last 12 months, WENZEL has developed many new products and successfully launched them on the market. In addition, excellent service ensures that customers enjoy the machines for a very long time. The machine manufacturer invests more than 10% of its turnover in research and development. This is above the industry average. "In this market environment, as the largest family-run company in the industry, we simply have to be innovative," explains Dr. Heike Wenzel.
On behalf of compamedia, the organiser of the innovation competition TOP 100, the innovation researcher Prof. Dr. Nikolaus Franke and his team examined the innovative strength of WENZEL. The researchers used around 120 test criteria from five categories as a basis: Innovation-promoting top management, innovation climate, innovative processes and organisation, external orientation/open innovation and innovation success. The core question is whether innovations are the result of a planned approach or a product of chance, i.e. the repeatability of innovation performance. And it is about whether and how the corresponding solutions succeed on the market (more information on the test criteria at www.top100-germany.com). Due to the current situation, there was also a special section in this round in which the entrepreneurial reaction to the Corona crisis was examined.
