Tag Archives: new product development

Supporting the “R” in R&D

When it comes to Research and Development (R&D), a majority of the new product development process involves the "D" from concept to launch. However, the "R" is where most breakthroughs come from - and it is in jeopardy due to recessionary cuts and the short-term pressure for monthly and quarterly results.

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Lin-sanity, Innovation and The Educated Gut

Though I'm not a Knicks fan, I must admit that I've been caught up in "Lin-sanity": the meteoric (and still very early) rise of Jeremy Lin, an unheralded, journeyman bench player who several weeks ago was on the verge of another cut but has put together the most impressive start for a player's first 5 games in the past 40 years. Better than Bird, Jordan or Lebron. Who could have guessed?

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The Principles of Lean Innovation

James P. Womack, co-author of Lean Thinking defines Lean as "Creating ever more value for customers with ever fewer resources". In this way, the professionals already have the "lean tools" as available resources, and now they can to apply in the process of Innovation. Nowadays this practice is very common in many manufacturing companies around the world.

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