Idea to Value

JANUARY 17, 2025

Businesses often seek to prove that a new idea, product, or service will succeed before they commit resources to launching it. This prevents innovation inertia or the sunk cost fallacy , the tendency to pour more resources into an idea simply because youve already invested heavily in it. Consider a company developing a new app.

Survey 178

Survey Innovation Analysis LEAN 178

Idea to Value

MAY 19, 2017

In today’s episode of the Idea to Value Podcast, we speak with Tendayi Viki on what exactly “Lean Innovation” is. Things we discuss in today’s episode: What lean innovation is, “Doing the right things at the right time” (02:30). The dangers of premature scaling (03:45).

LEAN 126

LEAN Innovation Exercises Creativity 126

Kainexus

APRIL 18, 2024

In today's fast-paced environment, Lean transformation emerges as a strategic approach to streamline processes, optimize resources, and drive continuous improvement while embracing technologies. Combining Lean methodology principles with innovation, Lean transformation emphasizes efficiency, agility, and customer-centricity.

LEAN 98

LEAN Agile Resources Technology 98

Leapfrogging

MARCH 10, 2025

Invest resources efficiently , preventing costly failures. Aligns resources with proven opportunities. Scale Only After Validating Key Assumptions Scaling prematurely can lead to resource waste and market failure. Investing Too Heavily in the Wrong Direction – Overcommitting resources without validation leads to failure.

Strategy 130

Strategy Strategy Project Data 130

Leapfrogging

MARCH 26, 2025

.” Use lean methods to test early assumptions: Build low-fidelity prototypes. Existing resources and capabilities. Resource needs and internal champions. Run landing page experiments. Conduct small-scale pilots or simulations. Use feedback to refine or pivot ideas before scaling. Learning milestones and success metrics.

Roadmap 130

Roadmap Underperforming Technical Team Innovation Trends 130

Qmarkets

DECEMBER 3, 2024

Enter Lean Six Sigma Management (LSSM), a proven methodology that combines the best of two worlds: Lean’s focus on reducing waste and Six Sigma’s emphasis on quality and consistency. What is Lean Six Sigma Management? Improve : Implement targeted solutions, leveraging Lean and Six Sigma tools to optimize processes.

LEAN 52

LEAN Management Software Review Software 52

Business and Tech

SEPTEMBER 19, 2023

The luxury of having a consistent supply of clean water masks a harsh reality: the gradual depletion of this invaluable resource. This resource alone supplies drinking water to 40 million people in the United States, however, due to extremely low water levels, states are being asked to cut their Colorado River water use. The challenge?

Resources 130

Resources Technical Review Project Collaboration 130

Kainexus

NOVEMBER 9, 2023

Picture this: A company overwhelmed by a sea of projects, each vying for attention, resources, and precious time. Now, imagine a systematic approach that aligns these projects with organizational goals, ensures efficient resource allocation, and maximizes return on investment.

LEAN 102

LEAN Management Competition Resources 102

Kainexus

NOVEMBER 6, 2023

Waste in project management refers to any resource or effort expended without adding value to the project's ultimate goals and objectives. Adopting Lean Agile project management principles, which maximize value while minimizing waste, is essential to mitigate waste in project management.

LEAN 103

LEAN Agile Project Resources 103

Leapfrogging

MARCH 19, 2025

Why Value Disciplines Model is Important Many companies struggle with strategic ambiguity, lack of differentiation, and inefficient resource allocation. Guiding investment and resource allocation for maximum impact. Improves Resource Focus Ensures investments align with the companys primary value discipline.

Strategy 130

Strategy Strategy Leadership Competition 130

Kainexus

JANUARY 25, 2023

If our conversations with business leaders are any indication, the theme of 2023 is how to get more productivity out of existing resources. Fortunately, Lean business process management is ideally suited for this challenge. Lean organizations constantly work toward optimizing every process for maximum results.

LEAN 95

LEAN Creativity Resources Technology 95

Kainexus

JUNE 21, 2022

Techniques included in what they called The Toyota Way have been borrowed, adapted, and rearranged into an approach known as Lean manufacturing. Because the framework works for many types of businesses, from healthcare to higher education, it is now often referred to as simply Lean.

LEAN 95

LEAN Strategy Strategy Resources 95

Moves the Needle

AUGUST 14, 2018

Lean Innovation Definition At Moves The Needle, we define lean innovation as “reducing waste in the discovery, creation, and delivering of new value to customers." We base Lean Innovation principles upon the 3 E’s of Lean Innovation : Empathy, Experiments and Evidence. Where design thinking ends, Lean Startup begins.

LEAN 105

LEAN Examples Agile Innovation 105

Kainexus

JANUARY 6, 2022

Lean process management is a method for building a company culture that supports continuous improvement. The primary objective of Lean process improvement is to create value for the customer by optimizing resources and creating an uninterrupted workflow based on near real-time customer demands.

LEAN 98

LEAN Management Resources Culture 98

Idea to Value

FEBRUARY 4, 2025

Other consequences include: Wasted resources: Time, labor, and materials invested in an incomplete or ineffective outcome. Unrealistic Timelines and Budgets: Setting overly aggressive deadlines without considering resource availability leads to rushed work and missed milestones. Lean Innovation, Validation & Execution) framework.

Underperforming Technical Team 140

Underperforming Technical Team Project Artificial Inteligence ChatGPT 140

Idea to Value

NOVEMBER 21, 2022

It was that they were so bad at redistributing the resources they had in order to run these innovation projects. They have projects which should have been killed, but are sucking up resources, especially people, which could instead be working on newer, different projects. Lean innovation validation & execution ).

Project 267

Project LEAN Resources Leadership 267

Leapfrogging

DECEMBER 10, 2024

For insights into how agile integrates into newer practices, explore how it aligns with the lean startup methodology , which emphasizes the MVP concept for efficient product validation. Lean Lean development draws from the principles of lean manufacturing, focusing on creating more value for customers with fewer resources.

Product Development 100

Product Development Agile Software Review LEAN 100

Paul Hobcraft

APRIL 6, 2021

Prescriptions are focusing on best practices, adopting popular concepts like design thinking, lean startups principles, having innovation boot camps and working through co-creation with customers. Within this view by Day and Shea, they point out that managers are never short of advice.

Innovation 318

Innovation LEAN Engagement Innovation Processes 318

Kainexus

NOVEMBER 17, 2023

Lean management is a systematic approach to eliminating waste and optimizing processes to maximize efficiency, improve quality, and enhance customer value. It originated in manufacturing but has since been applied to various industries and sectors.

LEAN 102

LEAN Management How To Agile 102

Business and Tech

MARCH 16, 2023

Because the CHIPS Act encourages businesses to lean in by providing STEM spaces and equipment, offering scholarships, promoting employee volunteerism, funding competitions, and creating internships and apprenticeships, Broadcom Foundation is doing its part.

LEAN 299

LEAN Resources Trends Technology 299

Idea to Value

OCTOBER 27, 2022

If you choose to spend your time, focus, effort and money developing one idea or innovation, it means you cannot spend those same resources on other ideas. Yes, you cannot invest in two full-scale innovation projects which require the same people, money and resources. But what if the costs were not the same?

LEAN 251

LEAN Resources Project Innovation Management 251

Kainexus

MAY 10, 2023

Lean continuous improvement is a systematic approach to perfecting business processes and operations by eliminating waste, increasing efficiency, and delivering more value to customers. The "lean" philosophy emphasizes eliminating non-value-added activities and processes to create more value with fewer resources.

LEAN 93

LEAN Tools Resources Culture 93

Tim Kastelle

JUNE 19, 2016

I’ve been running Lean LaunchPad programs for a couple of years now, and all along, I’ve thought that the number of customer development interviews that a team does is a good indicator of how successful they’ll be. Consequently, I thought that the magic in lean startup is customer development. I was wrong.

LEAN 80

LEAN Data Tools Learning 80

Kainexus

JANUARY 27, 2022

The result is wasted resources, low satisfaction scores, and disengaged team members. Lean product management addresses these challenges by applying Lean thinking to product development and strategy.

LEAN 97

LEAN Underperforming Technical Team Management Product Development 97

Planview

AUGUST 22, 2024

Unlock the strategies to overcome key PMO hurdles—mastering resource management, driving change, and streamlining processes—with expert insight from Athena Smith, Senior Director, Portfolio Management. Read Next: Elevate Your PMO: How Looking to the Future Drives Value Today Resource management is crucial in portfolio management.

Project 69

Project Resources LEAN Technical Review 69

CMOE

JUNE 21, 2021

With the right tools and resources by your side, you will feel more confident in driving your team forward. 12 Supervisor Resources & Tools. Fortunately, there are development opportunities for supervisors you can lean on. ATD’s Supervisor Training Resources. SHRM’s People Manager Resources. Learning plans.

Underperforming Technical Team 98

Underperforming Technical Team Resources Tools Training 98

Idea to Value

JULY 21, 2017

They can cite a number of seemingly valid reasons for this, including: My team hasn’t got the time to resources or time to take ownership of this new thing. Suggested reading: There are not that many resources out there about this theory yet as it is quite new. like P&G’s Connect and Develop platform).

Company 254

Company Innovation Brainstorming Underperforming Technical Team 254

Kainexus

MARCH 3, 2022

After working with customers for many years on everything from Lean implementation to construction project management, we've noticed several elements of project success. In most cases, the more effort you put into planning and controlling your project, the more likely you are to achieve success.

Project 96

Project Resources LEAN Management 96

Moves the Needle

SEPTEMBER 21, 2018

Before and After Lean Innovation: Overview The City of Hayward, California wanted to break away from inefficient and ineffective processes for researching and launching programs, and remove organizational bottlenecks that stood in the way of serving citizens. Related Resource: Creating an Entrepreneurial Culture in the Public Sector.

LEAN 99

LEAN Underperforming Technical Team Case Study Innovation 99

IdeaScale

DECEMBER 6, 2018

At IdeaScale’s Open Nation this year, one of our speakers addressed the challenge of managing an innovation pipeline with only one dedicated resource: herself. They are self-organizing, lean, autonomous, and multidisciplinary. So what are SLAM Teams?

LEAN 164

LEAN Conference Resources Leadership 164

Leanstack

OCTOBER 30, 2018

I often get asked if one can or should model a non-profit using a Lean Canvas. The lean canvas makes defining how we create value for the donor explicit. There are several variations of the lean and business model canvases now floating around for non-profits and social ventures. Why the lean canvas?

LEAN 71

LEAN How To Resources Tips 71

Paul Hobcraft

NOVEMBER 18, 2018

The belief that lean management principles will get the innovation out of the door quicker, has been one of those management adoptions that often trick us into believing we are achieving more than we actually are. Leans slows down and becomes increasingly burdened by fat being layered on, further down the innovation execution process.

Innovation Processes 206

Innovation Processes Innovation LEAN Agile 206

Leapfrogging

NOVEMBER 8, 2024

It gives the big shots at the top a game plan, making sure resources aren’t thrown around like confetti at a parade. Provide Resources : Make sure your team has the tools, training, and time to work their magic. Provide Resources Give access to the tools, skills, and time needed for innovation.

Artificial Inteligence 113

Artificial Inteligence Innovation Internet of things Strategy 113

Paul Hobcraft

MAY 9, 2023

The tool and techniques that stand out for me, in their contribution, value and my use have been, in no specific order, cover the jobs-to-be-done , ten types of innovation, crossing the chasm , blue ocean, business model canvas and value proposition canvas, building core competencies , lean start-up, agile and design sprints.

Artificial Inteligence 182

Artificial Inteligence Technical Review Innovation Agile 182

Digital Tonto

APRIL 28, 2024

These efforts frequently devolve into transformation theater that goes nowhere, but wastes enormous amounts of resources. There is an enormous track record of failure—study after study finds that the vast majority do not succeed.

Case Study 183

Case Study LEAN Tips Agile 183

Moves the Needle

JANUARY 3, 2019

Lean Innovation doesn’t begin and end with product development. The journey, by and large, is slow, linear, does not allow for change, and is governed by scheduling resources, versus based upon customer need or value creation. The most mature organizations deploy integrated lean innovation practices across the product lifecycle.

Product Development 75

Product Development LEAN Underperforming Technical Team Innovation 75

Qmarkets

FEBRUARY 13, 2025

Companies that embrace this approach see clear benefits: streamlined operations, better resource utilization, and higher-quality outcomes. Key Objectives of Process Improvement Increasing Efficiency: Streamline workflows to complete tasks faster and with fewer resources. Kaizen emphasizes continuous, incremental improvements.

Examples 59

Examples Strategy Strategy LEAN 59