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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...

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Kaizen 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...

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Will 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...

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Experiment 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...

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Specific 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...

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Innovation 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...

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Innovation 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...

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Nokia 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...

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Idea 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...

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Work 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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