Sunday, April 28, 2019

Definition of lean innovation

Today there are two trends, trends that every entrepreneur and business leader should or should focus on. Today's market requires each company to at least assess their response to the concepts behind these trends.

I am referring to lean processes and innovative courses.

As time goes by, each company produces a certain amount of fat. These are processes, tasks, and departments that do not directly serve the organization's key objectives. Essentially, they can be adjusted without affecting the organization's ability to provide value to customers. Lean technology is designed to remove fat from tissues.

If not all organizations, innovation is the lifeblood of most organizations. Being able to identify and identify new and better ways of doing things is a necessary condition for survival. Just improving is not enough. You need to be able to fundamentally improve or transform your value proposition in order to compete successfully.

Lean innovation comes in many forms. However, the term is most commonly used to refer to the use of lean technology in the R&D or R&D departments. Simply put, speculation is that R&D is the main source of innovation, and it - like any other part of the organization - accumulates wasted fat. Given these assumptions, fat is cut and research and development becomes more focused on tasks that bring real value.

In this article, I deliberately not argue with the hypothesis. Of course, most strategic consultants disagree with their effectiveness. However, for our purposes, their effectiveness is irrelevant - they are the most important to use.

In view of this, there are four main forms of lean innovation:

1. Replace information-based research with experimental research. Experimental research is both expensive and wasteful. This is also very dangerous. After all, you can spend a lot of time, energy and money looking for discovery and never really finding it. Lean attitude is extremely risk-averse. Therefore, the first concern is to find alternatives to experimental research. Usually, this takes the form of alternative information research. In other words, look for others who have completed experimental research and used their data.

2. Eliminate non-critical tasks . Over time, each organization collects tasks that have never been or have never provided value to customers. Lean technology focuses on eliminating non-value critical tasks.

3. Use strategic or tactical partners. Just like marketing, there are always organizations that focus on research in the areas you care about. Not all of these organizations are competitors. Building partnerships allows you to share the costs and results of your research - information and experimentation. It also allows you to share the cost and results of your development efforts and may actually identify potential marketing partners.

4. Use appropriate outsourcing. The foundation for building a partner is that you don't have to do everything yourself. Unfortunately, not all non-critical tasks can be deleted or shared. Outsourcing these tasks can prove to be cheaper and more risky than doing it yourself.




Orignal From: Definition of lean innovation

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