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We met with a company a year ago that developed products that were going in the direction of the buggy whip (within a few years the technology that the company was using was going to be obsolete and government regulations would eventually ban the product in the marketplace). The company not only needed to fix their current new product development process, but they were in dire need of expanding their… Continue reading
“Getting the Right Things Done” by Pascal Dennis is one of those books which remind us how important it is to have a big picture view of the organization and build focus on project execution. Using lean techniques founded in the Toyota Production System, Dennis walks the reader through the PDCA (Plan, Do, Check, Adjust) process, the use of A3 sheets to communicate, and the focus on what matters in order to get… Continue reading
Should Entrepreneurs Buy Into The “Changing Pace” Of Innovation? – FastCompany
FastCompany’s expert blogger Rob Chandhok writes on the difference between pace of change and pace of innovation in his latest blog entry. He highlights on the importance of being patient with your innovations and understanding true customer needs. Some good and interesting advice from the senior vice president of software strategy for Qualcomm CDMA Technologies and… Continue reading
Apples Supply-Chain Secret? Hoard Lasers – Businessweek.
This is an interesting discussion of how Apple made it’s supply chain part of it’s competitive strategy. It is not a glamorous or obvious element of their strategy to most customers, but it’s impact is enormous and creates competitive advantage… Continue reading
It is an ongoing struggle for businesses to develop distinctive products and services. This is reflected in the abundance of ‘me-too’ products that differ only in trivial or superficial ways. The millions of dollars spent on their development and marketing could be better spent on developing more effective up-front strategies that pursue new white space. White space is that unexplored and undiscovered domain of opportunity for new products and new markets. Continue reading
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