This book quantifies best practices for developing innovative products cost-effectively. Analyses of dozens of studies show how managing the work of people collaborating in parallel creates products faster, cheaper, and better in any organization. Concurrent systems deploy four kinds of practice simultaneously to synergistically achieve high performance: Strategy, Process, Organization, and Tools/Technologies (SPOT).
Appendices in every chapter enable stakeholders to benchmark their practices against Best-in-Class standards and identify gaps. A ‘Big Bang’ index prioritizes best practices for improvement. A Composite Model™ algorithm enables designers of product development systems to further boost performance capabilities by combining complementary practices additively and synergistically. Managers and stakeholders collaborate in using these unique methods to build a ‘should be’ vision of value development by closing gaps in their ‘as is’ system to achieve diverse competitive advantages.
Case studies highlight how dozens of enterprises have successfully implemented SPOT practices to improve their performance. A transformation assurance process (TAP) provides tactics for champions to co-lead a five-step change journey: (1) Envisioning, (2) Diagnosing, (3) Assessing, (4) Implementing, and (5) Improving.
Contents:
- Dedication
- Foreword
- Preface
- About the Author
- Concurrent Value Development and Supporting Evidence:
- Concurrent Product Development for Cost-Effective Innovation
- Axiomatic Logic for the Composite Model
- Effectiveness of the Composite Model for Value Creation
- Convergent Evidence for the Composite Model from Three Studies
- Development System Operations: Organization, Process, and Tools and Technologies:
- Organization
- Process
- Tools/Technologies
- Strategy for Guidance of Operations and Competitive Innovation:
- Strategies for Driving Product Development Operations
- Synergistic Benefits from Strategic Guidance of Product Development Operations
- Strategic Intent for Achieving Competitive Ends
- Transformation from Serial to Concurrent Development Systems:
- Concurrent Development Transformation at Varian Semiconductor
- Concurrency in R&D Organizations:
- Generating and Commercializing Ideas in R&D Laboratory Organizations
- Concurrent Innovation at AT&T Bell Laboratories and Lucent Technologies
- R&D Case Studies
- Integrating Manufacturing and Service in the Value Stream:
- Concurrent Utilization of Human Capital in Manufacturing
- Concurrent Product Development in Automotive Industries
- Lifecycle Integration of R&D, Quality Manufacturing, and Services
- Leadership of Project Teams and Championing Enterprise Transformation:
- Concurrent Team Execution of Development Projects
- Concurrent Project Leadership
- Championing Transformational Product Development Systems
- Acronyms for Concepts and Practices
- Company List
- Index
Readership: Executives, development managers, human relations managers, and quality managers engaged with increasing innovation and reducing cost in the development of goods and services. Academicians teaching courses in strategic management of innovation and technology, product development, industrial development, quality management and organizational behavior will also benefit from this book.
Key Features:
- There are only few books combine managerial recommendations with statistical evidence and case studies documenting beneficial effects
- Serve as an academic text, a comprehensive compendium of best practices, and a field guide for executives seeking to lead their enterprises transformation to a high-performance system
- Each chapter includes sidebars highlighting key informational points and synoptic recommendations for taking actions to implement CPD. The concluding section of Chapter 20 proves a 12-step scenario reweaving actional practices in a transformational flow. This provides readers with an integrated scenario for implementing change by interweaving highlights from each chapter in series of action steps for transformation
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