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How consultants can help clients fail fast – to succeed quickly

Chartered Management Institute

The fast-paced and innovative nature of the tech sector necessitates rapid experimentation and adaptation. But perhaps one of the healthier ideas to emerge is the “fail fast” principle – an emphasis on the importance of quickly identifying and addressing failures or shortcomings in order to learn from them and make necessary adjustments.

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3 Tools for Streamlining Processes in Manufacturing

Strategy Driven

Manufacturing processes are complex and they often consist of multiple steps. So, in order to maximize profits, businesses have to find innovative ways to streamline these processes and reduce the time they take to complete. Manufacturing cloud – this can help you to create transparency through each process.

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The Difference is the Point of Interaction

Mike Cardus

The image on the right reflects the ‘ Cascade-of-Planning ’ model or in Lean Manufacturing the Hoshin Kanri used in the Toyota Production System. Improvement in decision making and problem solving leads to improved innovation and work of the team. The difference is where the manager and subordinate interact. WITH OUT Coaching.

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Competitive Advantage from the Bottom of the Pyramid

LDRLB

The BoP markets are a hotbed for innovation and companies that are able to mold their business models to fit within this paradigm can truly alter traditional business models. Innovation Sandbox” was the term coined by C.K. Many companies have derived BoP strategies from C.K.

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Using Big Data To Map Supply Chains

The Horizons Tracker

That these global supply chains manage to underpin lean manufacturing systems where seconds count is one of the more amazing feats of modern life. The process of leaving the European Union has perhaps shed fresh light on the inherent complexities of supply chains that increasingly span the globe.

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Delivering Your Innovative Ideas

Harvard Business Review

I'd been asked to run an innovation workshop for Procter & Gamble's R&D group because of a book I had written. While I disagreed with some parts, this was a fascinating glimpse into P&G's innovation aspirations. I immediately grasped that P&G's innovation vocabulary was far more important to my effectiveness than my own.

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The Failure of “The Livonia Philosophy” at my GM Plant

Deming Institute

General Motors wasn’t my ideal workplace after having read Deming’s Out of the Crisis and learning a bit about Lean manufacturing in college. Mark is also the Vice President of Improvement & Innovation Services for the software company KaiNexus. If possible, I wanted to work in something closer to the Deming environment.

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