Innovation Management - Research, Development, Design and Commercialization

2017

May

HOW TO APPLY LEAN THINKING IN INNOVATION, PRODUCT AND SERVICE DEVELOPMENT
Matti Perttula

Lean production seeks to increase flow (not resource) efficiency by reducing waste. Flow efficiency is calculated by dividing added value time with total time. The usual situation is that companies focus on resource efficiency rather than flow efficiency of a certain project.

http://www.innotiimi-icg.fi/blogi/item/785-lean-thinking-in-innovation-product-service-development