Idea Design Studio announced a company-wide reorganization and re-branding starting July 23.
MIAMI, Aug. 27, 2015 /PRNewswire-iReach/ — According to Idea Design Studio, this move is part of an effort to grow and diversify the company. IDS was recently acquired by Marvin Powell III and Jeff Weiss; both are now acting as managing directors. They were previously IDS executives since 2010.
As part of the reorganization, the company will open a new marketing division to assist inventors with penetrating new product sales in public and private markets such as manufacturing and retail industries.
The changes at IDS represent a “major growth strategy” adopted by the new managing directors, board of directors and new top operational management team. To help accomplish this change, the company is pursuing growth and diversification through new strategic partnerships and acquisitions.
“To grow, IDS has to diversify,” said Weiss. “Over the past year, we have been quite diligent in studying where IDS is and what it needs to accomplish to get it to where we want it to go in the years ahead. We have revitalized our board, conducted an international search for experienced product scouts, laid out an aggressive strategy for diversification and restructured our internal operations to provide a scalable organizational structure.”
As part of its restructuring effort, Idea Design Studio has made management adjustments and promotions from among its current workforce; the individuals will now have enhanced responsibilities and report to both Powell and Weiss.
Idea Design Studio is a design firm that specializes in new product development. Since 2006, Idea Design Studio has helped inventors handle such issues as product design, product development, patenting, marketing, licensing, and manufacturing. Communications with Idea Design Studio are 100 percent confidential. To learn more, call Idea Design Studio toll-free at 888-864-1780 or visit them online at www.ideadesignstudio.com.
About Marvin Powell III:
Also known as MP3, Marvin Powell III is the son of former New York Jets player and tax/entertainment lawyer Marvin Powell Jr. Both father and son played college football at University of Southern California. While the elder Powell played for the Jets and Tampa Bay, MP3 played for the Saints, Packers, and Broncos. Marvin Powell III has a history degree from USC and also attended St. Thomas Law in Miami. He has worked in various areas of new product development since 2002.
About Jeff Weiss:
In the years since receiving his business degree from Florida State, Jeff Weiss has helped launch three successful industry-related companies since 2000. His father, Fred Weiss, is a successful entrepreneur in the garment industry. Jeff Weiss and Marvin Powell III have been best friends since 3rd grade.
Media Contact: Idea Design Studio, Idea Design Studio, 888-864-1780, firstname.lastname@example.org
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SOURCE Idea Design Studio