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Time for Innovation Excellence

Innovation Excellence

GUEST POST from Norbert Majerus and George Taninecz Lean manufacturing and the Toyota Production System started an industrial revolution (at least for those who adopted it). Transformative events that began in the automotive industry spread into many other sectors (including healthcare, finance, even innovation).

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A New Way of Thinking About the Automotive Industry

Qmarkets

Recent trends suggest that the automotive industry might be next on Silicon Valley's disruption list. Besides a surge of auto tech startups and Tesla's success, Silicon Valley's new affair with the automotive industry is heightened by chatter about a secret car project by the most prominent disruptor of them all: Apple. In the U.S.

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9 Easy to Deploy Continuous Quality Improvement Tools

Kainexus

Quality management programs are often associated with large organizations, such as automotive manufacturing or large healthcare systems. These organizations often have teams dedicated to quality control, and they may leverage specific business process methodologies such as Lean or Six Sigma.

Tools 87
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8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

For companies, embracing incremental innovation means fostering a culture of continuous improvement where even the smallest changes are valued for their cumulative impact over time. A real-life example of process innovation is the Toyota Production System (TPS), which was developed by the Japanese automotive manufacturer Toyota.

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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

Culture of experimentation (and speed). It requires a more deliberated approach, such as the lean startup process, design thinking or a combination thereof. Tip: Tim Kastelle has posted a worthwhile series on how to implement lean startup for innovation initiatives. We are headed towards a co-creative platform economy.

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Frequently Asked Questions about Design Thinking

InnovationTraining.org

What is the difference between design thinking and Lean UX? Creates a culture of experimentation: Design thinking encourages the team to prototype and test their ideas. The development of the Toyota Production System: Toyota used design thinking to develop the Toyota Production System, which revolutionized the automotive industry.

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Business model creation and innovation in China: not just copycats.

The BMI Lab Blog

Lean value” focus: This approach is supported by the nature of the market. The success cases for every company on this list illustrate the points above: experimentation and iteration, creative adaptation, “lean value focus,” and global ambition. Innovation through a lean value focus in a crowded market.