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Posts Tagged ‘Innovation’

By focusing on marketing and innovation during recession it is possible to maintain and improve your market share by providing design features your clients want.

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Innovation and Kaizen are related, and one goes with the other. Innovation deals with large changes while Kaizen carries out small daily continuous improvements

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1. Visual management. At first, finding problems to solve is relatively easy, but some have existed for so long that workarounds seem like standard practice. Rooting them out can be one of the greater challenges in later phases of the Continuous Improvement journey. The key is for people to be able to see problems when [...]

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Following on from the best practices are stupid meme, here is my take on why suggestion boxes don’t work from an upcoming white paper I am writing for publication in an inline journal: We have seen many companies where there is a “Suggestion Box” attached to a wall in the office or shop floor. This [...]

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Discussing the local economy, Battelino said the strength of household consumption in terms of spending on services had been strong despite subdued retail sales, with households spending more on services, most notably entertainment, dining out and overseas travel. “At one level this was surprising given the clear signs of caution among households, but it is [...]

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I came across this infographic yesterday which looks at some data on the major contributors to project success that organisations are employing. This rings true for me. Having just been part of a PIR (Project Implementation Review) in a large project I am consulting on. Some subjects I will be looking at in the coming [...]

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A friend and colleague, Steven Shapiro has a new book Best Practices Are Stupid coming out at the end of the month. He is right best practices really are stupid, but I repeatedly hear managers asking for benchmarking reports. But why are they stupid. An article in the McKinsey Quarterly on Strategy (sorry lost the [...]

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An ongoing debate is that innovation is better than problem solving. But in reality you cant have one without the other. Innovation is usually large scope change, kaizen is the small continuous change demanded daily. Innovation – that is large scale is scary – the smaller low key circumvents the fear mechanisms. It’s the frog [...]

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In 2002 McDonalds posted its first ever loss, resulting in the head of the CEO Jack Greenberg. Eight years later McDonalds is back and brighter than ever before, having implemented a slew of innovations since 2002 such as McCafe, salads, espresso coffee and as FAST COMPANY reports there are many others. Many know McDonalds for its bland [...]

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I came across this case study by McKinsey, (subscription required) which illustrates why IT should not drive business projects, that IT is an enabler not the solution itself. Otherwise we’d sack all the sales people and just employ robots and software progams. In case you don’t get a chance to read it, here is a summary: It’s [...]

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