Monthly Archives: May 2008
Cass Pursell(Or, Your metrics don’t go with those shoes)I’ve argued in the past that creating and driving innovation shouldn’t be the goal, but that creating and driving sustainable growth should be. The problem with that position is, though, that …
There are parallels visible in all aspects of life. Recently, my personal experiences in the kitchen served as a reminder of how even small changes can have hidden complexities.
Years ago, based on concerns over the possible connection between …
Business Week’s annual list of the top 25 innovation companies came out the same week (April 28, 2008) as the Fortune 500 list. Big difference: the Fortune 500 has an explicit algorithm involving revenue, profit, and other measurable factors. …
As part of a growth strategy, mergers and acquisitions (M&A) can ensure dominance in a given product line, technology or market. TRIZ can be used as an M&A tool to help identify these potential evolutions of products, technologies and markets.
TRIZ was born, developed and became a problem-solving method for technology, manufacturing, society and nature. The basis of TRIZ is the objective trends of natural evolution, and therefore TRIZ is a practical part of the theory of evolution.
Knowing when to launch a new product or service is difficult. The challenge is particularly great when the innovations directly interact with consumers. Critical information can be obtained by studying the voice of the consumer and market demand.
This case study elaborates upon the principles and processes described in "Instruments for Designing Consummate Systems." Consider the system of a centrifugal wall pump and of its valve travel stop specifically.
There is a lot of information to share this month. We’ve got company news, conference reports and news, a reminder that we’re always on the hunt for new article submissions, and that’s without all of this month’s articles!
Quality and innovation are key issues in today’s businesses and managers are focusing on special tools to improve their results, including the Theory of Inventive Problem Solving (TRIZ). TRIZ is an effective resource for improvement.
Ellen DombHarvard Business Review’s “Tool Kit” article this month (May 2008) is “The Customer-Centered Innovation Map” by my colleagues Lance Bettencourt and Tony Ulwick. With all the soft (squishy?) “how to be innovative” articles and books getting published these days, …