How poor data management is costing organisations huge amounts of money
Organisations today rely heavily on data to make informed decisions that will yield high-value results. Therefore, unplanned line downtime, material waste, overproduction, quality-related losses, and poor use of assets are just some of the obvious reasons why organisations lose substantial amounts of money every year. There is, however, a more subtle form of waste that […]
Innovation Trends in 2018
One only has to search innovation trends to be inundated with articles proclaiming doctors will be replaced within a few years and how we need to get to Mars before the robots rise up. I prefer to keep my innovation trends forecasts closer to home in terms of this is what I know because this […]
Why it is best to start with a Business Model Canvas
“A business model describes the rationale of how an organization creates, delivers, and captures value” The Business Model Canvas has the structure and the relevant questions required for a solid, well thought out business plan, but the ease of use and sense of improvisation of a ‘back of a napkin’ business idea. Why do it […]
What is Lean Product Development?
We are often asked to define Lean Product Development (LPD) and usually we speak about product evolution and being flexible, but it is more than that. At it’s core, Lean Product Development requires that one is comfortable with an age-old truth; change is the only constant. Thus, instead of employing massive market research, business analysis […]
