LDRLB

SEPTEMBER 12, 2013

Ajay is a technologist and business strategist who often obsesses over issues that range from the impact of technology on disruptive business models to entrepreneurship and impact investing. LG & Sevamob have both managed to achieve that via a combination of novel business models and in LG’s case low cost & lean manufacturing.

Competitive Advantage 154

Competitive Advantage Prahalad Blue Ocean Strategy Glocalization 154

Harvard Business Review

MAY 26, 2016

Producers in less-developed countries compete by keeping costs low. It involves replacing traditional mass manufacturing with “lean manufacturing” principles. In addition to improved product quality and delivery times, the lean approach has been linked to improved terms of employment.

Lean Manufacturing 13

Lean Manufacturing Supply Chain Apparel Compliance 13

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 17

Productivity Products Lean Manufacturing Technology 17

Harvard Business Review

MAY 28, 2015

Technologies like 3-D printing, robotics, advanced motion controls, and new methods for continuous manufacturing hold great potential for improving how companies design and build products to better serve customers. Why are older incumbent firms slow to adopt new technologies even when the economic or strategic benefits are clear?

Technology 8

Technology Depreciation Christensen Short-term 8