While Lean principles have been known and applied in a variety of manufacturing processes, the applications in product development have been slower to come. Several companies have also applied Lean to ...

LONDON--(BUSINESS WIRE)--A well-known market intelligence company, Infiniti Research, has announced the completion of their latest article on how lean product development helps improve your bottom ...

At least half of all product launches fail to live up to companies’ expectations. For every four projects that enter development, only one makes it to market, according to a recent study at Georgetown ...

Every manufacturer aims to satisfy its customers and stakeholders, addressing their needs and prioritizing their concerns. Part of this constituted effort involves decreasing costs, material wastage ...

The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. One of the ways generative ...

"Necessity is the mother of invention." A quote attributed to the Greek philosopher Plato, the words continue to ring true nearly 2,400 years after his death in a vast array of situations and provide ...

Product development is facing a fundamental challenge. Unfortunately, at the very moment when companies need to make better products more efficiently, previous performance innovations in product ...

For the uninitiated, the Lean Startup methodology is a practice for developing products and businesses based on ‘validated learning’, getting customer feedback quickly and often. The process was ...

Lean thinking originated with the Toyota Production System. Its success in streamlining existing automotive manufacturing processes led to the adaptation of those principles to other areas of business ...