Remove Innovation Remove Lean Production Remove Operations
article thumbnail

Why Can’t U.S. Health Care Costs Be Cut in Half?

Harvard Business Review

Enter Henry Ford, who revolutionized the industry with his manufacturing innovations , lowering the price of cars from $2,000 in 1908 to just $260 by 1925 — an 87% reduction! He didn’t do it by making cars shoddier or offshoring production to low-wage countries. But the most innovative Indian hospitals are doing much more.

article thumbnail

B-Schools Aren’t Bothering to Produce HR Experts

Harvard Business Review

companies were making progress on the operations front, but now they seem to have lost their way—and business schools are in a position to help set them right again. In the 1980s, our organizations learned a great deal about how to improve productivity, quality, and costs from Japanese practices. A few decades ago, U.S.

Insiders

Sign Up for our Newsletter

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

article thumbnail

India’s Secret to Low-Cost Health Care

Harvard Business Review

costs by using practices commonly associated with mass production and lean production. When it comes to innovations in health care delivery, these Indian hospitals have surpassed the efforts of other top institutions around the world. This innovation has also reduced costs. Innovation has flourished in the U.S.

article thumbnail

Does Your Leadership Flunk the Testing Test?

Harvard Business Review

Supposedly set to launch this July — and then September — New York City announced that its innovative bike sharing program would be delayed until at least next spring. The organizational and operational benefits of targeted testing are not. Until it works, we're not going to put it in. The particular object of his ire?

article thumbnail

Breaking the Death Grip of Legacy Technologies

Harvard Business Review

The Future of Operations. automakers took decades to adopt lean production methods despite the obvious benefits from increased productivity and lower work-in-process inventory. The latter are troublesome because the knowledge base and skills required to operate in the new realm are so fundamentally different.

article thumbnail

Britain’s Patient-Safety Crisis Holds Lessons for All

Harvard Business Review

As we in the United States juggle major structural and operational changes and try to secure our financial systems as revenues fall, we must keep our promise of safety and high quality to every patient, every time. Follow the Leading Health Care Innovation insight center on Twitter @HBRhealth. Leading Health Care Innovation.

Crisis 9