As 2019 draws to a close, I wanted to share my learnings from a busy year. My year was filled with new growth opportunities and new approaches to business and innovation. Please share your list of accomplishments, observations, and insights from 2019, too. View the lessons (less than one minute)
New Product Development
3 Components of Lean NPD
Toyota introduced the lean manufacturing system over 40 years ago. Lean is a quality management philosophy that eliminates waste to increase predictability and reliability of the final product. This, in turn, improves customer satisfaction. Many of the elements of lean manufacturing have been applied to other business processes, namely new
The “ITEM” Method for Problem-Solving
All of us face business problems. In the field of innovation, we encounter problems in how to interact with customers, which features to include in a new product, and how to lead successful teams. Every problem we face can result in moving along a path toward more success or can
Prototypes and Pilots
Jeff is a Product Manager at a large company. He has profit-and-loss responsibility for a well-known consumer brand. Unfortunately, the last new product launch in the brand family was a disaster. The company is sitting on $3M inventory and nearly $1M in raw materials orders. Customers aren’t buying the product and
Building Innovation Leaders
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