Chartered Management Institute

AUGUST 8, 2023

The fast-paced and innovative nature of the tech sector necessitates rapid experimentation and adaptation. But perhaps one of the healthier ideas to emerge is the “fail fast” principle – an emphasis on the importance of quickly identifying and addressing failures or shortcomings in order to learn from them and make necessary adjustments.

Consultative 98

Consultative Lean Manufacturing Article Agility 98

Mike Cardus

JANUARY 19, 2012

The image on the right reflects the ‘ Cascade-of-Planning ’ model or in Lean Manufacturing the Hoshin Kanri used in the Toyota Production System. Accountability is forced down the hierarchy and the idea of failure, development and growth is often frowned upon. The difference is where the manager and subordinate interact.

Lean Manufacturing 131

Lean Manufacturing Delegation Process System 131

LDRLB

SEPTEMBER 12, 2013

The BoP markets are a hotbed for innovation and companies that are able to mold their business models to fit within this paradigm can truly alter traditional business models. Innovation Sandbox” was the term coined by C.K. Many companies have derived BoP strategies from C.K. Brazil’s economic classes are divided into A.B,

Competitive Advantage 154

Competitive Advantage Prahalad Blue Ocean Strategy Glocalization 154

Deming Institute

JANUARY 16, 2017

General Motors wasn’t my ideal workplace after having read Deming’s Out of the Crisis and learning a bit about Lean manufacturing in college. That sounds very much like the Toyota Production System and Lean management. Instead of development, we got regression, apparently. But, I needed a job, so I cast a wide net.

Kaizen 28

Kaizen Deming Lean Manufacturing Handbook 28

Harvard Business Review

MARCH 12, 2018

Organizational Development Book. Take Tom, a website developer whom I met on a consulting assignment at an accounting firm. “He was more concerned with protocol than personal development. In two weeks, the production team made lean manufacturing their own, reducing internal defects by 30% and improving productivity by 25%.

Motivation 15

Motivation Lean Manufacturing Management Learning-by-Doing 15

Harvard Business Review

MAY 2, 2012

The ways individual companies achieve these straightforward goals fall in two basic categories: developing and adopting new management practices (such as total quality management, lean manufacturing, reengineering, and employee engagement), or adopting new technology and integrating it into the way work is done.

Productivity 15

Productivity Products Lean Manufacturing Technology 15

Harvard Business Review

NOVEMBER 30, 2010

After an intense innovation workshop, the CTO of a globally-successful Chinese electronics supplier approached, unhappily. You emphasize the importance of collaborating with your customers to innovate," he moaned, "but our best customers don't want to collaborate. They're not interested in innovating with us.". The CTO grimaced.

CTO 15

CTO Lean Manufacturing Supply Chain Innovation 15