Saturday, May 30, 2015
Thursday, May 28, 2015
I'm back!
Hi to anyone out there that is interested in the subject matter we discuss in this blog. That subject matter is Business Process Improvement. If you look into what is here so far, you will see that our last post was in 2011. Yea, we got busy and a little disenchanted with blogging. Frankly we just didn't develop a following as quickly as I thought we would. I'm back primarily because some friends have encouraged me to get back to it.
I will invite Subject Matter Experts to post to this Blog. So if you have a subject that you need covered, let me know about your concerns and interest and I'll try to tap the knowledge of one of my brilliant friends to help you out.
I (personally) will try to stay on topic, but I've decided to allow myself to wander into other subject areas as we move ahead.
There are industry verticals that have some idiosyncrasies you might find interesting and so I will touch on some of them in an effort to quench your thirst for knowledge. In some cases I'll do the research and we all can learn from one another.
Join the discussion and let's see what happens. It should be fun.
I will invite Subject Matter Experts to post to this Blog. So if you have a subject that you need covered, let me know about your concerns and interest and I'll try to tap the knowledge of one of my brilliant friends to help you out.
I (personally) will try to stay on topic, but I've decided to allow myself to wander into other subject areas as we move ahead.
There are industry verticals that have some idiosyncrasies you might find interesting and so I will touch on some of them in an effort to quench your thirst for knowledge. In some cases I'll do the research and we all can learn from one another.
Join the discussion and let's see what happens. It should be fun.
Tuesday, May 3, 2011
Benchmark your New Product Development Process
The Opportunity Matrix areas include Sustainability (of the process), Customer Satisfaction, Quality, Growth/Revenue, Profitability and Speed/Flexibility.
In order to truly realize the value of this tool, the survey must be taken by all functions involved in the product development process. This includes business, marketing, technology, engineering, manufacturing, purchasing, sales and quality, and also must include support functions like finance, testing, legal, communications, product stewardship and the like. The survey can be sliced and diced to assess business units, regions or even functions. Open-ended answers provide honest, rich and valuable information that can be used in the evaluation, refining and optimization of the process.
Periodic surveys over time can be used to view progress and improvement of the organization’s new product development process. As more organizations take the survey, this tool can also be used to benchmark one’s own organization against other similar companies around the world.
In order to truly realize the value of this tool, the survey must be taken by all functions involved in the product development process. This includes business, marketing, technology, engineering, manufacturing, purchasing, sales and quality, and also must include support functions like finance, testing, legal, communications, product stewardship and the like. The survey can be sliced and diced to assess business units, regions or even functions. Open-ended answers provide honest, rich and valuable information that can be used in the evaluation, refining and optimization of the process.
Periodic surveys over time can be used to view progress and improvement of the organization’s new product development process. As more organizations take the survey, this tool can also be used to benchmark one’s own organization against other similar companies around the world.
Thursday, April 28, 2011
Assessment of design for six sigma and new product development implementation
Successful implementation of Design for Six Sigma and New Product Development involves best practices in Management, Infrastructure, Teams and resources and Metrics.
In partnership with NeuraMetrics, Dr. Vinny Sastri has designed a New Product Assessment tool that enables companies to evaluate the effectiveness and long term viability of their existing product development process and identify areas for improvement. It takes into account four major factors – Management, Infrastructure, Teams/Resources and Metrics. These four factors have been established from numerous surveys and studies to be critical to the success and effectiveness of an organization’s new product development process. Management criteria include commitment, leadership and engagement. Infrastructure takes into account the existence of a corporate-wide standardized process, use of collaborative software, effective communication between functions, continuous improvement and a market focused process. The section on resources and teams deals with resource management, team effectiveness, team empowerment and skills and training. The fourth factor Metrics assesses whether an organization has appropriate quality, financial, organic growth and process effectiveness metrics.
The Opportunity Matrix (based on industry best practices) enables an organization to identify which areas of the new product development process are working well and what specific areas need improvement
In partnership with NeuraMetrics, Dr. Vinny Sastri has designed a New Product Assessment tool that enables companies to evaluate the effectiveness and long term viability of their existing product development process and identify areas for improvement. It takes into account four major factors – Management, Infrastructure, Teams/Resources and Metrics. These four factors have been established from numerous surveys and studies to be critical to the success and effectiveness of an organization’s new product development process. Management criteria include commitment, leadership and engagement. Infrastructure takes into account the existence of a corporate-wide standardized process, use of collaborative software, effective communication between functions, continuous improvement and a market focused process. The section on resources and teams deals with resource management, team effectiveness, team empowerment and skills and training. The fourth factor Metrics assesses whether an organization has appropriate quality, financial, organic growth and process effectiveness metrics.
The Opportunity Matrix (based on industry best practices) enables an organization to identify which areas of the new product development process are working well and what specific areas need improvement
Monday, April 18, 2011
How good are you at developing new products?
What if…
Every employee, customer and /or vendor could confidentially tell management what they are really doing and why
Information could be captured with minimal disruption in the workplace in a very short cycle time
The information could be instantly processed, sorted and compared to best practices, standards or customer requirements
Dashboards & graphical displays were available and could be configured to see & compare relevant information
The information was always available, consistently displayed and easy to update
Every employee, customer and /or vendor could confidentially tell management what they are really doing and why
Information could be captured with minimal disruption in the workplace in a very short cycle time
The information could be instantly processed, sorted and compared to best practices, standards or customer requirements
Dashboards & graphical displays were available and could be configured to see & compare relevant information
The information was always available, consistently displayed and easy to update
Would this enable better decisions, planning and prioritization?
Could this reduce the risk of failed programs, initiatives or decisions?
Could this help save money & customers for New Product Development?
The next few entries for this blog will discuss developming new products. This is an essential for any manufacturer no matter what industry you are in or what product you are developing. We hope that this helps you understand the value of assessing your process and mitigating the issues uncovered before you launch the process
Friday, April 8, 2011
Breaking Down Barriers for Improved Communication
Utiliworks Insight reveals behavioral data from the web-based surveys that are taken by an audience of executives, managers and front line personnel. A unique software engine is used to interpret and present the data, allowing utilities to:
• Evaluate performance
• Determine improvement opportunities
• Identify long-term business risks
• Understand specific performance gaps
• Recognize workforce productivity based on direct employee input
...Resulting in major cost savings and improved performance
See: http://www.utiliworks.com/
• Evaluate performance
• Determine improvement opportunities
• Identify long-term business risks
• Understand specific performance gaps
• Recognize workforce productivity based on direct employee input
...Resulting in major cost savings and improved performance
See: http://www.utiliworks.com/
Monday, April 4, 2011
Benefits of assessing a utility using Utiliworks Insight
Our utility assessment product reveals behavioral data from the web-based surveys that are taken by an audience of executives, managers and front line personnel. A unique software engine is used to interpret and present the data, allowing utilities to Evaluate performance, Determine improvement opportunities, Identify long-term business risks, Understand specific performance gaps, and Recognize workforce productivity based on direct employee input...Resulting in major cost savings and improved performance
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