article thumbnail

5 Digital Transformation Use Cases in the Automotive Industry

Acuvate

The automotive industry is on the brink of significant technological disruption. and the next-gen of mobility is the rapid emergence of artificial intelligence, intelligent automation, predictive analytics, and Big Data – delivering real-time insights to enable powerful innovation and transform the way automotive companies operate.

article thumbnail

Lean is Dead. Long Live Lean!

Legacy Innovation Group

Lean is Dead. Long Live Lean! Twenty four years ago, James Womack, Daniel Jones, and Daniel Roos introduced our world to a modern understanding of the concept of Lean Production. Lean Production was, and still is, a profoundly powerful management philosophy for the mass production of uniform goods.

LEAN 40
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Going Lean, Again

etventure

Friedrich Arnold, Senior Project Manager at etventure, explains how manufacturers can embrace the Lean Startup methodology as the centerpiece of their Digital Transformation. Proudly, the Head of Production explained to me: “We use Lean Production – meaning we eliminate waste from our manufacturing process.” The Proud Leader.

LEAN 56
article thumbnail

8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

A real-life example of process innovation is the Toyota Production System (TPS), which was developed by the Japanese automotive manufacturer Toyota. Techniques such as Lean manufacturing and automation play a pivotal role in driving process innovation, enabling businesses to maintain operational excellence and agility.

article thumbnail

Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

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. A well-suited way to govern this approach is to manage a portfolio of initiatives.

article thumbnail

Frequently Asked Questions about Design Thinking

InnovationTraining.org

What is the difference between design thinking and agile methodologies? What is the difference between design thinking and Lean UX? The development of the Toyota Production System: Toyota used design thinking to develop the Toyota Production System, which revolutionized the automotive industry.

article thumbnail

Scaling-Up: Crossing the Internal Chasm in Corporate Innovation

Integrative Innovation

They are based on lean / efficient and 0-mistakes principles. They are based on agile / lean start-up / test-and-learn principles. Automotive. The business units of the core organization are operators and incremental innovators. They are driven by solid, near-term financial goals. Telecommunication. Financial Services.