Remove Brainstorming Remove Construction Remove LEAN Remove Social Innovation
article thumbnail

15 most important Innovation Theories your company should be using

Idea to Value

In many cases (especially those listed in the book, such as Computer Storage, Department Stores and Construction Equipment), the small company releases a new technology which is inferior in quality or performance to that of the large company, but makes up for it in another way, like a lower price or convenience.

Company 248
article thumbnail

The Power of Bottom-Up Systems in Organizational Success

Tullio Siragusa

It’s been so successful that it has inspired the Lean Manufacturing movement worldwide. Solutions: Structured Feedback Mechanisms: Implementing structured mechanisms for feedback and ideas, such as regular brainstorming sessions or digital suggestion boxes, can help manage employee input effectively.

System 62