Tag Archives: manufacturing

America Can Win Manufacturing in the 21st Century

It’s become conventional wisdom that the last 30 years have been a hotbed of innovation, but evidence suggests otherwise. As Robert Gordon explains in The Rise and Fall of American Growth, productivity growth peaked between 1920 and 1970 and has declined ever since. Economist Tyler Cowen calls this the Great Stagnation. Part of the reason for the dissonance is that ...

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7 Fields and Professions That Are Beginning to Rely on Virtual Reality

Innovations in technology are evolving so rapidly that the sci-fi depictions we dreamed of as children are becoming reality. Cars that drive themselves, mini personal computers with touch screens populate our pockets, and now, virtual reality is becoming increasingly more common — so common, in fact, that professionals of all types are beginning to rely on VR in particular. Here ...

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Extending the Transformation

Innovation can be the spark that galvanizes an organization and resets the whole of it for higher and faster growth. After using innovation methods successfully to create meaningful products, services, and perhaps overhaul the business model itself, these methods and mindsets can be used to refine and advance many other operational segments of the business. We call this growth tendency ...

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Innovation Isn’t About Control, But Access

Completed in 1928, Henry Ford’s River Rouge plant was a marvel of its age. It was almost 100% vertically integrated, even producing its own steel and by the 1930s over 100,000 employees worked there, producing nearly every component for the cars that Ford built. It was, at the time, considered to be a key advantage. Nobody makes factories like that ...

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A New Breed of Innovation

A New Breed Of Innovation

By the mid-1980’s, the American semiconductor industry seemed like it was doomed. Although US firms had pioneered and dominated the technology for decades, they were now getting pummeled by cheaper Japanese imports. Much like cars and electronics, microchips seemed destined to become another symbol of American decline. The dire outlook had serious ramifications for both US competitiveness and national security. ...

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Succeeding with Outsourcing? Time to Reinvest for Success!

With a hypersensitivity towards profit margins, too often companies justify outsourced manufacturing with lower costs and better-looking accounting numbers. But this cost-cutting craze is at odds with many apparel companies' long-term focus on being or becoming market leaders. While efficiency is important and outsourcing can help to reduce manufacturing costs, these companies can't cut their way to creating the next design trend. Instead...

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How to Avoid Design Transfer Failure

Design transfer involves moving an approved design into production. For most product development initiatives, the process of design transfer is complex with many moving parts, involving partners that are geographically widespread. The pharmaceutical and medical devices industries have a long history of design transfer, complete with detailed definitions and procedure guidelines to help steer the design transfer team, and they still run into issues.

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