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Innovating the Toyota, and YouTube, Way

Harvard Business Review

By sheer happenstance, I had just gotten a copy of Gemba Walks , a collection of essays by James Womack , a co-author of the automotive classic The Machine That Changed The World and a pioneering importer of Toyota-inspired lean production insights and methodologies to America. Does Apple similarly invest in its suppliers?

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Cracking Hierarchies In Japan After the Tohoku Earthquake

Harvard Business Review

But across Japan, anger is growing at the government and TEPCO (Tokyo Electric Power). The situation at the Fukushima Dai-ichi nuclear power plant remains critical. Japan is famous for its lean production systems and efficient supply chains. But these have proven to be very brittle in the face of this disaster.

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Founding a Company Doesn’t Have to be a Big Career Risk

Harvard Business Review

Lean Product Development and Customer Development processes) decreases the chance of a startup’s failure. Help people out — Looking for opportunities to help other people can help build connections that can prove useful later on, whatever the outcome of your company (Adam Grant describes the power of generosity in Give and Take ).

Career 9
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How Economists Got Income Inequality Wrong

Harvard Business Review

Look at the raw muscle and crude machinery, so vividly depicted by Diego Rivera in the Detroit Institute of Art, that powered Ford's River Rouge plant in the 1920s. It is so contrary to workaday experience that beginning economics students find it tough to grasp. Of course not. They had no idea how to.

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India’s Secret to Low-Cost Health Care

Harvard Business Review

costs by using practices commonly associated with mass production and lean production. Moreover, when hospitals consolidate, the motive often is to increase market power vis-à-vis insurance companies, rather than to lower costs by creating a hub-and-spoke structure. Task Shifting. Innovation has flourished in the U.S.

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The Coherent Conglomerate

Harvard Business Review

But it stands together as a relatively coherent entity, through the power and universal applicability of the things it does well. GE has its strengths in the management of large-scale industries. Of course, the very diversity that defines a conglomerate makes it hard to enforce the discipline of coherence.

Welch 9
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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. If you were to walk through some of those foreign factories, you would get a very different picture.