Tag Archives: Strategy

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

Posted in Innovation, Product Innovation, Strategy, collaboration | Leave a comment
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

Posted in Innovation, Product Innovation, Strategy, collaboration | Leave a comment
Break the Rules – A Lesson from Freddie Mercury

Creative geniuses do not start by tinkering with what exists today. They do not listen to the demands of customers or bosses or critics. They start with their own revolutionary ideas and pursue them relentlessly. Continue reading

Posted in Celebrity, Creativity, Entertainment, Innovation, Sales | 3 Comments
SPARKimages

There has been a lot of buzz around embracing failure as a stepping-stone to success. Many organizations welcome the idea and contemplate the thought of celebrating failure, but they are often reluctant to embrace the concept in practice. Continue reading

Posted in Blogging Innovation, Case Study, Conferences, Creativity, Culture & Values, Design, Disruption, Entrepreneurship, Experience Innovation, Government, Industry, Innovation, Innovation Perspectives, Innovation Teaching Story, Inspiration, Leadership, Management, Open Innovation, Social Innovation, collaboration, culture, education | 2 Comments

Strategy& 2014 Global Innovation 1000 Study: For the 10th year, Strategy& analyzed R&D investment at the 1,000 biggest-spending public companies in the world. In addition to undertaking our recurring analysis of R&D spending trends, we interviewed and surveyed more than 500 R&D executives and innovation leaders to get their perspectives on changes in innovation at their companies over the last decade and what they expect in the 10 years to come. Continue reading

Posted in Innovation, Management, Strategy | Comments Off
Creating a Common Language of Innovation

Unfortunately, there is no universally accepted definition of the word innovation, and there have even been multiple articles written by the Doblin Group, Geoffrey Moore and others about how many different types of innovation there are and how you must choose which types of innovation to focus on. When it comes to innovation, individuals speak about it differently and there are lots of misunderstandings. Continue reading

Posted in Feature Of The Week | 12 Comments