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Mark Adkins is the CEO of LeanMed LLC, a medical device company dedicated to bringing essential treatment to underserved regions through innovative technologies. LeanMed's first product, the O2 Cube, delivers vital supplemental oxygen to patients of rural health facilities in developing nations. With respiratory infections killing millions of patients each year, the O2 Cube is a landmark step in improving care and saving lives. Mr. Adkins served as director and chair of the Product Development and Management Association. The PDMA community is woven from a fabric of international practicing professionals, professors, students and service providers that support corporations and startups with their innovation and product development expertise.Mark was an adjunct professor at the University of Pittsburgh’s Center for Medical Innovation. He taught Innovation Management to educate the next generation of innovators in the design, development, and commercialization of medical technologies. He is the founder & president of Smart Hammer Innovation, a management consulting business that helps companies apply best practices to Innovation Management. During his career, Mark and his teams have led development projects that have launched numerous new products with lifetime sales of over $1B. Before founding Smart Hammer Innovation Mr. Adkins was a Director at Cincinnati Machine where he spearheaded the design of their new product development process that was recognized in 1998 as the best in the world by the PDMA. Mark was also a director at Kennametal where he successfully integrated independent development teams from Europe, Asia and N. America and launched three next generation product lines.
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Co-Founder & Chief Executive OfficerLeanmed, Llc Jan 2018 - PresentCovington, Kentucky, UsLean Med is a medical device company dedicated to bringing essential treatment to remote, underserved regions through innovative technologies. LeanMed's first product, the O2 Cube, is a solar powered oxygen production system recognized by the WHO as an Innovative Health Technology. It designed to serve the 50,000 rural hospitals and health centers around the world that have unstable or non-existent grid electricity. These facilities serve 1.2 billion people. Lack of access to medical oxygen is a key reason that that pediatric pneumonia kills 800,000 children every year. -
Director & ChairPdma - Product Development And Management Association Jan 2020 - Dec 2022Minneapolis, Minnesota, UsMr. Adkins serves as a director and chair of the Product Development and Management Association. The PDMA is an international community of practicing professionals, professors, students and service providers who support their organizations with product innovation and development expertise. PDMA services enable our members to enhance their knowledge while expanding their professional networks. -
Adjunct ProfessorUniversity Of Pittsburgh Swanson School Of Engineering Aug 2016 - Dec 2021Pittsburgh, Pennsylvania, UsMark is an adjunct professor at the University of Pittsburgh and an advisor to the Center for Medical Innovation www.engineering.pitt.edu/CMI/ The CMI mission is to foster collaborations among engineers, clinicians, students, industry and others interested in advancing the translation of innovative biomedical technologies. CMI has supported 67 early stage projects through more than $1.2M in funding. Professor Adkins teaches on the Management of Medical Product Innovation to educate the next generation of innovators in the design, development, and commercialization of medical technologies. -
Founder & PresidentSmart Hammer Innovation Jan 2010 - Jul 2021Smart Hammer Innovation is a management consulting company focused on product innovation. Mark created Velocity, an eight-week student accelerator program that explores opportunities and risks of early-stage innovation applying Lean Startup techniques. During his corporate & consulting career, Mark and his teams have led development projects that have launched numerous new products with lifetime sales of over $1B.
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MemberSeedinvest Jun 2017 - Jun 2019New York, Ny, UsSeedInvest is a leading equity crowdfunding platform opening up access to venture capital and angel investing to everyone -
Business Mentor For Blast Furnace & First GearUniversity Of Pittsburgh Jun 2015 - Jun 2018Pittsburgh, Pa, UsThe Blast Furnace is a student accelerator providing access to a deep mentor network, inspirational co-working space, and a rich curriculum preparing students for creating and growing their business ideas. The First Gear program helps shape Pitt inventions originating from University research from early-stage discovery to products and services that can be taken to market. -
Volunteer Executive Director - Pdma Pittsburgh ChapterPdma - Product Development And Management Association Jan 2004 - Dec 2017Minneapolis, Minnesota, UsAs Volunteer Executive Director of PDMA Pittsburgh I support the Board of Directors in fulfilling our chapter's mission:The Pittsburgh Chapter is dedicated to sharing knowledge and best practices through professional development, education, collaboration, and networking opportunities. We strive to build a vibrant community of practitioners, academics, and service providers that share experiences and knowledge of the principles, practices, and processes of effective product innovation. Participation in this community will result in professional growth for individuals, an innovation related competitive advantage for their enterprises and the continued economic growth of the Western Pennsylvania Region. -
Vp Of Marketing And Board MemberPdma - Product Development And Management Association Jan 2007 - Dec 2013Minneapolis, Minnesota, UsServed as volunteer VP of Marketing and later as a Director for the PDMA -
Director Technology & MarketingKennametal Mar 2007 - Aug 2009Pittsburgh, Pennsylvania, UsJoined Kennametal in 2007 to lead integration of $85M acquired company (Extrude Hone) into Kennametal. Led 80 person global engineering, marketing and product management functions.• Integrated local (N. American, German, Japanese) engineering and marketing departments into a global team that reduced product lines from 33 to 11 while growing capital equipment sales.• Initiated and completed three clean sheet, next generation development projects that gave Extrude Hone a modern, highly competitive product base for the next five to ten years.• Led Japanese business unit through 40% market decline while maintaining profitability and establishing and mentoring their future leadership team. -
PresidentTurnkey Marketing Oct 2000 - Mar 2007In October of 2000 founded a new company, Turnkey Marketing that provides business development, marketing and product development services to advanced manufacturing companies. First year revenues were over $600,000, second year over $1,000,000.• Took a leadership role in creating the Partnership for Lean Innovation, a program that improves the new product development process. Awarded a $1.9M grant from Ohio’s Third Frontier Technology Fund. Results delivered a positive economic impact of over $30M.• Developed detailed strategic sales & marketing plans for a number of advanced manufacturing clients, despite operating in a declining market environment. Incremental and retained revenues over $100M.
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Director Of Marketing And Product DevelopmentCincinnati Machine Jan 1997 - Dec 2000UsIn 1997 took on worldwide responsibility for new product development and marketing. Staff of 18 people and a development and marketing budget of $14M.• Designed a world-class new product development process (Wolfpack) that increased company sales $80M per year. Recognized as the nation’s “Outstanding Corporate Innovator” by PDMA in 1998.• Mentored six development teams that launched six new products, doubling Cincinnati Machine’s new product sales. Project budgets were a combined $10M with annualized new product revenue reaching $100M and product lifetime sales of over $1B. Team leaders became key managers in the company. -
General Manager, Horizontal Machining Center Business UnitCincinnati Milacron 1995 - 1996Cincinnati, Ohio, UsIn 1995 accepted this P&L position as General Manager of a $70M, 140 person business unit that manufactured machining centers and flexible cells for the automotive and aerospace industries.• Formed a new global business unit by consolidating three separate product lines. Expanded commercial component sourcing while focusing on product reliability to create a profitable business unit. Despite inheriting a very unreliable product, we were able to reduce warranty costs by 50%, retain key customers, enhance the product lines and achieve profitability in our first year. -
Product Manager, Machine ToolsCincinnati Milacron 1989 - 1994Cincinnati, Ohio, UsIn 1989 transferred from the Electronic Systems division to the Machine Tool division to manage the development of new products and international strategic alliances.• Led a cross-functional team that developed a next generation machining center, targeting German and Japanese competition. Product was brought to market in 20 months, within budget and increased market share from 15% to 40%. • Researched the market worldwide, studied emerging technologies, wrote the business plan and led the development team for a new factory automation product line. The new technologies applied created a strong competitive advantage. 110 systems, valued at $250M, were sold in the first 10 years.
Mark Adkins Skills
Mark Adkins Education Details
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Xavier UniversityBusiness Administration
Frequently Asked Questions about Mark Adkins
What company does Mark Adkins work for?
Mark Adkins works for Leanmed, Llc
What is Mark Adkins's role at the current company?
Mark Adkins's current role is Co-Founder & CEO LeanMed.
What is Mark Adkins's email address?
Mark Adkins's email address is ma****@****rin.com
What is Mark Adkins's direct phone number?
Mark Adkins's direct phone number is +172470*****
What schools did Mark Adkins attend?
Mark Adkins attended Xavier University.
What are some of Mark Adkins's interests?
Mark Adkins has interest in Golf, Travel, Baseball, Science And Technology.
What skills is Mark Adkins known for?
Mark Adkins has skills like Cross Functional Team Leadership, Product Development, Strategy, Product Management, Strategic Planning, Business Planning, Management Consulting, Leadership, Management, Business Strategy, Business Development, Innovation Management.
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