- Lean startup / Lean Innovation
- The Secret to Lean Innovation Is Making Learning a Priority
- Learn more about this combination approach to innovation and train yourself on lean innovation.
Six Sigma is a method focused on improving business processes and performance by eliminating the causes of errors that lead to defects in a product or service. Motorola first adopted the methodology in the mids as a way of standardizing defect measurement to drive improvements in manufacturing. Additional brands started leveraging Six Sigma—General Electric serving as a well-known example. But applying lean processes can be simpler than that. In research Marion conducted on product development at new ventures, he discovered that:. The best firms, those that made it to market and were successful, despite overwhelming odds, embraced a few common sense principles.
Less paperwork, targeted and effective meetings, fewer decision points and gates, and an embracing of milestone management were common traits regardless of industry vertical. Lean innovation enables employees to test their hypotheses and build better products faster with fewer resources. Lean innovation allows firms to pursue more opportunities up-front, mature them a little at low cost, and test them to see if they are worth the investment.
Lean startup / Lean Innovation
What Is Lean Innovation? In research Marion conducted on product development at new ventures, he discovered that: The best firms, those that made it to market and were successful, despite overwhelming odds, embraced a few common sense principles. Why Use Lean Innovation Lean innovation enables employees to test their hypotheses and build better products faster with fewer resources.
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The Secret to Lean Innovation Is Making Learning a Priority
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Our services are flexible and always customized to meet your organization's needs. Our objective is to build capability in your organization or team so that you will operate and continue to grow independently.
Our services fall into four broad areas, and typically our clients initially identify the most important area based on their specific situation. For example they might have a mission critical project that is stalling, or an innovation strategy or portfolio which consistently fails to meet the business requirements. Overall Strategy.
Learn more about this combination approach to innovation and train yourself on lean innovation.
Developing and integrating the right innovation strategy to meet your business objectives. Using our "Discovery to Opportunity" system, we help you strengthen your most important opportunity areas, eliminate areas that are draining your resources and identify new areas with high potential, Translating strategy into portfolio. The strategy is delivered via a portfolio of innovations. This portfolio must be monitored, managed and adjusted to meet the changing business conditions in which your organization must win.
We adapt our Venture Capitalist-based approach in combination with the best entrepreneurial critical thinking to help you develop the innovation portfolio system that will work in your organization.
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We help you to right-size your investments, and get the right information on each innovation to make the best learning-based decisions quickly and effectively, Projects and Teams. Your innovation portfolio is composed of many innovations, each one is investigated by a team of people having the right balance of capability and experience. Your teams are empowered to make the appropriate decisions and self-organize for maximum efficiency and productivity.
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Building Lean Innovation Capability.