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
New Product Development
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
An Idea Life Cycle for Innovation Success
Most of us have lots of ideas. Some of them are good, while others don’t pan out. Our idea span from improving technology and devices to better health care. Ideas are born to solve the great big, hairy problems of the world and other ideas are simple in nature to help us with our daily… Read More
Your Strategic Innovation Partner
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