Aug 18, 2020 - Economy

5 Lakes CEO: Disruptive innovation is the challenge of a lifetime

Fadel Allassan

A screengrab of the Axios virtual event. — Kathleen Gallagher (Right) Photo: Axios screenshot

The Midwest is looking for ways to develop more "disruptive innovation" in order to better compete globally and strengthen manufacturing, Kathleen Gallagher, Executive Director of the 5 Lakes Institute said at an Axios event on Thursday.

The big picture: Gallagher pointed to the industries in Milwaukee and throughout the Midwest that produced much of the equipment that the U.S. used to win World War II as inspiration for Midwesterners to move forward. "We need to pull this region up. That's our challenge of a lifetime right now," she added.

"We supply a lot of the brains that keep the coasts running and a lot of the materials. So what we need to do is coalesce that more here." Gallagher said.
"This is the industrial base of the country. Together we can compete globally, we do compete globally."

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5 Lakes CEO: Disruptive innovation is the challenge of a lifetime

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