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6 Silent Productivity and Profitability Pitfalls, part 6 of 7

Strategy Driven

But for this to truly be the case, innovation should not be something that happens every once in a while; it should be viewed as a critical competence – a skill to be developed, fostered, rewarded, and embedded into the workforce. In the new business world, innovation should not be restricted to product development.

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6 Silent Productivity and Profitability Pitfalls, part 1 of 7

Strategy Driven

To keep his workers thinking and engaged, Ohno developed a new way for them to think about waste – where ‘waste’ is not a thing but an assessment or an interpretation. The value generators in today’s economy are no longer factory workers but what we call coordination workers. Book value is not guaranteed.

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