Driving Cost-Effective Innovation with Concurrent Systems: Strategy, Process, Organization & Technologies

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 practices for improvement. Managers and stakeholders collaborate in building a "should be" vision of value development by closing gaps in their "as is" system. Leaders distribute responsibility to cross-functional stakeholders for deploying best practices to improve performance. Case studies highlight how dozens of enterprises 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"--

Author: Frank Montgomery Hull

Publisher: World Scientific Publishing Europe Limited

Publication Date: Oct 20, 2024

Number of Pages: NA pages

Language: English

Binding: Hardcover

ISBN-10: 1786343894

ISBN-13: 9781786343895