Remove Development Remove Lean Production Remove Operations Remove Technology
article thumbnail

Breaking the Death Grip of Legacy Technologies

Harvard Business Review

Technologies like 3-D printing, robotics, advanced motion controls, and new methods for continuous manufacturing hold great potential for improving how companies design and build products to better serve customers. Why are older incumbent firms slow to adopt new technologies even when the economic or strategic benefits are clear?

article thumbnail

Can Lean Manufacturing Put an End to Sweatshops?

Harvard Business Review

Producers in less-developed countries compete by keeping costs low. It involves replacing traditional mass manufacturing with “lean manufacturing” principles. Workers specialize in simple, highly routinized operations. They are incentivized to complete operations as quickly as possible. Insight Center.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

B-Schools Aren’t Bothering to Produce HR Experts

Harvard Business Review

companies were making progress on the operations front, but now they seem to have lost their way—and business schools are in a position to help set them right again. In the 1980s, our organizations learned a great deal about how to improve productivity, quality, and costs from Japanese practices. A few decades ago, U.S.

article thumbnail

Does Your Leadership Flunk the Testing Test?

Harvard Business Review

The organizational and operational benefits of targeted testing are not. But far too few organizations use targeted tests to simultaneously learn and accelerate the development process. "To do all of them at one time without testing the first one — you have to question what kind of strategy that is.".

article thumbnail

The Coherent Conglomerate

Harvard Business Review

Every successful conglomerate we know of — GE, Honeywell, Tata and United Technologies Corporation among them — has prospered by doing two things. Of course, the very diversity that defines a conglomerate makes it hard to enforce the discipline of coherence. There is no universal answer.

Welch 8
article thumbnail

What You Won’t Hear About Trade and Manufacturing on the Campaign Trail

Harvard Business Review

Generally, what we see is the country where the final assembly of a product took place. Almost every sophisticated manufacturer uses some kind of lean production system that pulls raw materials in from a warehouse. A big reason is technological complexity. And it’s an issue in the United States as well.