Chris Paterson

About Chris Paterson

I\'ve been in the trenches leading teams corporately and understand what it takes to help organizations ideate, design, build, and launch products that consumers love.My results:• Grew revenue from $250M to over $500M in 2 years that exceeded Market consensus • Multiplied share price by 4X in under 3 years• Exceeded annual cost reduction goals totaling nearly $1M • Entered new product category and became #1 market share leader in under 12 months• Coached, trained, and mentored team members to ensure resources are capable and deployed properly•Advised on key M&A opportunities• Developed new Product Roadmap processes, procedures, and financial metrics for vetting new products to better align with consumer/market needs and to meet annual corporate financial objectives.• Drove new PMO Stage Gate processes to be on-time, on-budget, and on-brand with all product launches• Led cross-functional brainstorm sessions to fill the product pipeline with thousands of new product ideas for future screening• Initiated Consumer Research to develop insights and test new concepts using tools such as consumer insight panels and on-line qualitative and quantitative testing• Integrated a global multi-disciplinary Product team including Product Development, Product Management, Industrial Design, QA, and Asia Operations • Developed new SOPs and performance metrics to align with corporate and Private Equity owner goals, market requirements, and consumer needsCore Competencies: Cross-Functional Executive Team Leadership • Artificial Intelligence Prompt Engineering • Strategic Business Development • Global Strategic Alliances • Integrated Hardware, App, and Firmware Product Development • Product Management • Product Marketing • Hardware and Software Product Innovation Pipeline and Innovation Process • Product Roadmap Planning • M&A • Asia Operations • Industrial Design • Project Management • Competitive Analysis • Market Analysis • Budget Management • Technology Feasibility • Consumer Needs Research

Experience

1. Mentor and Advisor

   The Wond\'ry

   Apr 2023 — Present · Nashville, TN, US

   The Wond\'ry - Vanderbilt University\'s Center for Innovation and DesignBusiness and technical advisor throughout the entire start-up process from early-stage technology feasibility, market, and consumer needs exploration to seed funding and company creation

Education

• Lipscomb University

  MBA, Summa Cum Laude, Business Administration

  2007 — 2008

• The Ohio State University

  Industrial Design, Product Development

  1986 — 1992

Skills

• Product Development
• Industrial Design
• Product Innovation
• New Business Development
• Team Leadership
• Cross-Functional Team Leadership
• Engineering
• Ideation
• Idea Generation
• Project Management
• Management
• Product Design
• Strategy
• Manufacturing
• Leadership
• Product Launch
• Business Development
• Marketing
• Packaging
• Sales
• Injection Molding
• Product Marketing
• Retail
• Segmentation
• Team Building
• Product Management
• Budgets
• Project Planning
• Brand Development
• Pricing
• Competitive Analysis
• Consumer Products
• Marketing Research
• Procurement
• Quality Assurance
• Brand Management
• Marketing Strategy
• Strategic Planning
• Process Improvement
• Business Strategy