Wisconsin Next-Gen Manufacturing Plan
Wisconsin Governor Jim Doyle will focus strategy on manufacturing industry with initiatives that promote lean manufacturing and innovation, continuing to position Wisconsin as a leader in...
View ArticleKaizen Success Approach
Toyota’s relentless drive for continuous improvement through kaizen is discussed. … … “The answer has a lot to do with another distinctive element of Toyota’s approach: defining innovation as an...
View ArticleWill Six Sigma Impact Innovation
Six Sigma and innovation are often seen at odds with one another. However, the improvement mindset can be tuned to identify and exploit breakthrough innovations. … … “Basically, to be an innovative...
View ArticleExperiment to Innovate
IDEA innovation methodology is presented, with emphasis on experimentation. … … “Experiment is selecting an option or solution that holds promise, and conducting a rapid pilot to quickly test a...
View ArticleSpecific goals focus the workforce
Innovation requires a complete rethinking of a product or process. Tangible progress comes with focusing the organization on goals. … … “He illustrated how organizations often attempt to instill...
View ArticleInnovation takes venture approach
Large companies will serve their shareholders better if they adopt the approach and strategies of venture capitalists to drive innovation in the enterprise. … … “people who control large pools of...
View ArticleInnovation Leadership at Kennametal
PDMA recognizes Kennametal for achievement in its innovation journey. … … “In 2009, 43% of Kennametal’s sales came from products less than five years old, up from 17% in the late 1990s. “ … via...
View ArticleNokia innovation culture
kills promising opportunities with higher risk. … … “And it was an expensive device to produce, so there was more risk involved for Nokia. So management did the usual. They killed it. “ … via New...
View ArticleIdea factory
networks existing ideas together into new concepts, using open innovation business models. … … “We like to think of our ideas as a $40,000 incubator, shipped direct from the factory, but in reality...
View ArticleWork cycle times slow as
corporate bureaucracy disease grows in maturing companies, slowing innovations brought to market. … … “Corporate sclerosis is a problem for all companies as they grow. But a hardening of the...
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