Category: Strategy

Are You Using Data To Analyze The Past Or To Create A New Future?

In Nate Silver’s Five Thirty Eight manifesto, he argues that the plural of anecdote is data.  It is through compiling and analyzing observations that we transform ordinary experiences into scientific conclusions. Yet the concept of data is still relatively new.  According to Google’s Ngram, the use of the word only began to be heat up in the 1960’s.  So, although… Continue reading

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Modern Mass Customization – Rule 3: Honor the Order, Abandon the BOM

Most mainstream Product Lifecycle Management (PLM) systems in the marketplace today are designed with a mass production model in mind. These systems offer sophisticated functionality that allows engineers to formulate Bills of Material (BOMs) and define product structure during design stages. Designs are released and pushed to production systems for manufacturing, but the PLM system remains the single source of truth for end-product design information. Continue reading

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Modern Mass Customization – Rule 1: Modularize your People, Processes and Products

Companies who wish to optimize their business for mass customization should consider modularity to be a critical imperative. In this case, modularity refers to the use of individual product components, processes and teams that exhibit a consistent and predictable function on their own, but can be combined and arranged into systems that function in new and unpredictable ways. Continue reading

Posted in Innovation, Product Innovation, Strategy, collaboration | 1 Comment
Modern Mass Customization – Rule 2: Follow the Rules

For practical reasons, manufacturers have to set limitations on range of configurability in their product architecture. These limitations are driven by a wide variety of business and technical requirements, including manufacturing constraints (Is it possible to assemble this?), and sales and marketing strategies (Do we want to offer this to our customers?) Continue reading

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Six Things We Need To Do To Prepare For The Future

Success used to be simple.  You got a good education, found a job with a solid firm, worked hard and saved. Then you raised your kids to to the same.  If you did the right things, you weren’t guaranteed riches, but a decent life was nearly a sure thing. That’s no longer true.  Technology is replacing human labor like never before. Continue reading

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Downsides of Downsizing

In Stikkee Situations we’ll try to take a humorous look at a lot of different serious business topics. In this episode we poke fun at the wonderful world of downsizing. Employees hate workforce reductions (aka downsizing), but some CEOs (even in profitable companies)… Continue reading

Posted in Culture & Values, Industry, Leadership, Management, Strategy, The Economy, culture | 6 Comments
Innovation: It

When I was in graduate school, a number of my friends became aficionados of the movie The Princess Bride. One thing that has stayed with me for a long time is what Vizzini says quite often in the film. Anytime a plan or a plot goes wrong, or something doesn’t work out the way he planned, he exclaims: It’s inconceivable. Continue reading

Posted in Growth, Innovation, Strategy | 1 Comment