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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?

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Innovating the Toyota, and YouTube, Way

Harvard Business Review

In terms of people, processes and technologies, Toyota and Google's YouTube have little in common. The more deeply Jim's essays discussed the nature of supplier relationships, work-flow and value creation in lean enterprise, the keener the connection with YouTube's Space. They don't just partner; they provide resources that add value.

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Why Can’t U.S. Health Care Costs Be Cut in Half?

Harvard Business Review

Technological improvements in health care have given us the quality of life we enjoy today. He didn’t do it by making cars shoddier or offshoring production to low-wage countries. His secret was mass production in a “focused factory,” using interchangeable parts, specialization, and the assembly line.

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Strategy’s No Good Unless You End Up Somewhere New

Harvard Business Review

The smart phone industry has gone through several disruptive changes in just a decade, whereas the steel industry’s technology shifts took place over a hundred-year period. Moreover, this isn’t always about coming up with new products and services. Here is my list of the four most important: Not every industry is equally dynamic.

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Can Lean Manufacturing Put an End to Sweatshops?

Harvard Business Review

In the lean-manufacturing context, in contrast, assembly line workers learn to execute a variety of production tasks, take responsibility for product quality, and are encouraged to find ways to improve the production process. The technologies and processes that are transforming companies. Insight Center.

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B-Schools Aren’t Bothering to Produce HR Experts

Harvard Business Review

In the 1980s, our organizations learned a great deal about how to improve productivity, quality, and costs from Japanese practices. If they were, employers might hire them instead of leaning on their data scientists for insights and context they aren’t equipped to deliver. A few decades ago, U.S. Let me explain.

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How Economists Got Income Inequality Wrong

Harvard Business Review

In the 1990s, a whole subfield of economics reached "virtually unanimous agreement," as a survey in the Journal of Economic Perspectives noted , that in the context of technological change, markets themselves inevitably drove U.S. Does production really work this way? income inequality. Clark set out to disprove this indictment.