Before searching about new high-tech disruptive innovation* let us reflect how lean thinking and lean tools were used so far. *read my 'Technologies alone will not regain competitive advantage' post Every time an organization was exposed to lean concepts, those were used to improve the actual situation, resulting from decisions, practices and behaviors prior to … Continue reading How lean can help shaping the future ? Lean engineering
Article for The Economist Insights
Businesses have always come and gone, but these days it seems that companies can fall from market dominance to bankruptcy in the blink of an eye. Kodak, Blockbuster and HMV are just a few recent victims of the rapid market disruption that defines the current era.
Where did these once iconic companies go wrong? To my mind, they forgot to keep challenging their assumptions about what business they were actually in.
Businesses have two options when they plan for the road ahead: they can put all their eggs into one basket, and risk losing everything if that basket has a hole in the bottom, or they can make a number of small bets, accepting that some will fail while others succeed.
Taking the latter approach, and making many small bets on innovation, transforms the boardroom into a roulette…
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While manufacturing and operations have long been under close watch of improvement champions and beneficiary of transformation programs, design and engineering are relatively new to this kind of introspection. Lean in Design and Engineering can improve a lot and support the three major challenges every company is facing: design and embed future performance win the … Continue reading Three major challenges in early design and engineering stages