Innovation – Operational Excellence Society https://opexsociety.org Sat, 18 May 2024 16:51:49 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://opexsociety.org/wp-content/uploads/2015/11/cropped-Opex-Favicon-512x512-32x32.png Innovation – Operational Excellence Society https://opexsociety.org 32 32 Design Thinking for Operational Excellence https://opexsociety.org/featured-articles/design-thinking-for-operational-excellence/ Mon, 04 Sep 2023 13:01:13 +0000 https://opexsociety.org/?p=30903 This post Design Thinking for Operational Excellence appeared first on Operational Excellence Society.

I was the Chairman at an Operational Excellence and Business Transformation conference in Amsterdam this past March (2023) which was produced by CParity.  The lead-off workshop was on Design Thinking. I must admit; my first impression of the workshop was mixed.  I thought the concepts of Design Thinking and its approaches were novel.  But it...

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Lean Innovation Culture https://opexsociety.org/body-of-knowledge/lean-innovation-culture/ Mon, 27 Feb 2023 14:41:26 +0000 https://opexsociety.org/?p=30039 This post Lean Innovation Culture appeared first on Operational Excellence Society.

Most of us read about the recent leadership changes at Toyota. Many industry experts criticized Toyota’s lack of innovation and the gap with Tesla as the main reason for the succession. Despite Toyota’s status as an industry benchmark, we have to ask: Did “lean” impede innovation? My answer is “NO”. I had the opportunity to...

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Elon Musk; A future worth getting excited about https://opexsociety.org/body-of-knowledge/elon-musk-a-future-worth-getting-excited-about/ Wed, 30 Mar 2022 11:58:00 +0000 https://opexsociety.org/?p=26874 This post Elon Musk; A future worth getting excited about appeared first on Operational Excellence Society.

What’s on Elon Musk’s mind? In conversation with head of TED Chris Anderson, Musk details how the radical new innovations he’s working on — Tesla’s intelligent humanoid robot Optimus, SpaceX’s otherworldly Starship and Neuralink’s brain-machine interfaces, among others — could help maximize the lifespan of humanity and create a world where goods and services are...

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The Outliers Inn | Travels, Robots, Creativity, Team Effectiveness, and Bier (of course) https://opexsociety.org/body-of-knowledge/the-outliers-inn-travels-robots-creativity-team-effectiveness-and-bier-of-course/ Wed, 09 Feb 2022 21:23:00 +0000 https://opexsociety.org/?p=26461 This post The Outliers Inn | Travels, Robots, Creativity, Team Effectiveness, and Bier (of course) appeared first on Operational Excellence Society.

It’s another “Open Mic Night” at The Outliers Inn and JP and Mule are happy to welcome our guest and have a casual chat with whatever might be on their minds (and ours). JP starts off with sharing a return trip from Newark back to Frankfurt which was quite like the movie “planes, trains, and...

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The Anti-CEO Playbook https://opexsociety.org/body-of-knowledge/the-anti-ceo-playbook/ Mon, 15 Feb 2021 08:05:00 +0000 https://opexsociety.org/?p=23429 This post The Anti-CEO Playbook appeared first on Operational Excellence Society.

Profit, money, shareholders: these are the priorities of most companies today. But at what cost? In an appeal to corporate leaders worldwide, Chobani founder Hamdi Ulukaya calls for an end to the business playbook of the past — and shares his vision for a new, “anti-CEO playbook” that prioritizes people over profits. “This is the...

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What Is Disruptive Innovation? https://opexsociety.org/body-of-knowledge/what-is-disruptive-innovation/ Mon, 15 Feb 2021 07:36:00 +0000 https://opexsociety.org/?p=23425 This post What Is Disruptive Innovation? appeared first on Operational Excellence Society.

Summary.   For the past 20 years, the theory of disruptive innovation has been enormously influential in business circles and a powerful tool for predicting which industry entrants will succeed. Unfortunately, the theory has also been widely misunderstood, and the “disruptive” label has been applied too carelessly anytime a market newcomer shakes up well-established incumbents. In this...

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How understanding light has led to a hundred years of bright ideas https://opexsociety.org/body-of-knowledge/how-understanding-light-has-led-to-a-hundred-years-of-bright-ideas/ Mon, 25 Jan 2021 17:12:34 +0000 https://opexsociety.org/?p=23351 This post How understanding light has led to a hundred years of bright ideas appeared first on Operational Excellence Society.

The revolutionary theory of the nature of light which won Albert Einstein the 1921 Nobel prize for physics went on to remake the world. Oliver Morton surveys a century of innovation. Albert Einstein won the 1921 Nobel prize for physics in 1922. The temporal anomaly embodied in that sentence was not, alas, one of the...

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How Firms Can Become More Resilient in the New Normal https://opexsociety.org/body-of-knowledge/how-firms-can-become-more-resilient-in-the-new-normal/ Thu, 29 Oct 2020 08:59:11 +0000 https://opexsociety.org/?p=22765 This post How Firms Can Become More Resilient in the New Normal appeared first on Operational Excellence Society.

Emerging from the pandemic, tomorrow’s successful businesses will make themselves more resilient to unexpected crises. They will intensify the use of digital technologies in cloud computing, cyber security, cognitive and artificial intelligence tools and the Internet of Things. Empowered with these tools, they will also have greater flexibility in managing costs and the agility to...

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The Age of Accelerating Strategy Breakthroughs https://opexsociety.org/body-of-knowledge/the-age-of-accelerating-strategy-breakthroughs/ Tue, 18 Aug 2020 08:29:22 +0000 https://opexsociety.org/?p=22595 This post The Age of Accelerating Strategy Breakthroughs appeared first on Operational Excellence Society.

Several months into a global pandemic, leading organizations are redefining expectations of what is possible. Consider how offices around the world shifted virtually overnight to digitally enabled remote work. Grocery retailers and restaurants rolled out new pickup and delivery services. Hospitals rapidly expanded telehealth options. Automakers, apparel makers, and mobile phone assemblers retooled on the...

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12 Essential Strategy Insights https://opexsociety.org/body-of-knowledge/12-essential-strategy-insights/ Sun, 12 Jul 2020 21:03:56 +0000 https://opexsociety.org/?p=22495 This post 12 Essential Strategy Insights appeared first on Operational Excellence Society.

For decades, researchers have published findings in MIT Sloan Management Review about developing and executing strategy. This collection offers a dozen of our most popular strategy articles of all time. “Strategy, at its heart, is about choice,” write the authors of “Turning Strategy Into Results,” an article featured below, which takes a keen look at how leaders...

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The next wave of healthcare innovation: The evolution of ecosystems https://opexsociety.org/body-of-knowledge/next-wave-healthcare-innovation/ Sun, 12 Jul 2020 20:44:48 +0000 https://opexsociety.org/?p=22490 This post The next wave of healthcare innovation: The evolution of ecosystems appeared first on Operational Excellence Society.

Ecosystems create powerful forces that can reshape and disrupt industries.  In healthcare, they have the potential to deliver a personalized and integrated experience to consumers, enhance provider productivity, engage formal and informal caregivers, and improve outcomes and affordability. We define an ecosystem as a set of capabilities and services that integrate value chain participants (customers,...

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Tiny Robots With Giant Potential https://opexsociety.org/thought-food/tiny-robots-with-giant-potential/ Mon, 23 Mar 2020 14:55:16 +0000 https://opexsociety.org/?p=21910 This post Tiny Robots With Giant Potential appeared first on Operational Excellence Society.

Have you ever wondered how they design those tiny microrobots, no bigger than the size of a single cell? Paul McEuen and Marc Miskin explain how this is done and reveal some of the many fascinating uses for these remarkable creations from crop disease control to understanding the human brain. Read more… 

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A Guide for Working (From Home) Parents https://opexsociety.org/body-of-knowledge/a-guide-for-working-from-home-parents/ Mon, 23 Mar 2020 14:18:49 +0000 https://opexsociety.org/?p=21904 This post A Guide for Working (From Home) Parents appeared first on Operational Excellence Society.

As the Coronavirus pandemic spreads the United States and many other countries around the world are asking employees to work from home. This may sound fantastic, akin to a vacation in many ways, but productivity needs to remain and things need to operate as normal is what will be a new normal until the pandemic...

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The Outliers Inn; Resolutions for the New Year https://opexsociety.org/podcasts/the-outliers-inn-episode-45-reflections-of-the-year-2/ Wed, 05 Feb 2020 09:03:49 +0000 https://opexsociety.org/?p=21799 This post The Outliers Inn; Resolutions for the New Year appeared first on Operational Excellence Society.

Topic:  We do another theme-based episode, this time on “New Year’s Resolutions”.  It doesn’t matter whether they are funny or serious ones, but it does matter that your word and resolve is so useless that you can’t keep a promise to yourself.  In that case, you might not even have any resolutions.  But if you do,...

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The Outliers Inn – Open Mic Night https://opexsociety.org/podcasts/the-outliers-inn-open-mic-night/ Thu, 30 Jan 2020 07:42:17 +0000 https://opexsociety.org/?p=21773 This post The Outliers Inn – Open Mic Night appeared first on Operational Excellence Society.

Description: “It was a dark and stormy night”. No, actually, it’s just the gloom and cold of February. So what better way to spend your time than to stop by The Outliers Inn for some hot toddies and warm conversation – or is it warm toddies and hot conversation. In any case, with Spring just around the...

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The Outliers Inn; Reflections of the Year https://opexsociety.org/podcasts/the-outliers-inn-episode-45-reflections-of-the-year/ Fri, 20 Dec 2019 08:27:27 +0000 https://opexsociety.org/?p=21656 This post The Outliers Inn; Reflections of the Year appeared first on Operational Excellence Society.

Topic:  In this episode of The Outliers Inn, we try something new – having a “theme” for the show.  As we approach the end of another year in time and space, we (ought to) become reflective of things said and done, failures and successes, fulfillments and hopes yet to fulfill themselves.  Like the Irish man who...

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The Innovation Commitments https://opexsociety.org/thought-food/the-innovation-commitments/ Tue, 26 Nov 2019 10:29:14 +0000 https://opexsociety.org/?p=21410 This post The Innovation Commitments appeared first on Operational Excellence Society.

McKinsey puts it simple in this article, by stating that the ability to develop, deliver, and scale new products, services, processes, and business models rapidly is a muscle that virtually every organization needs to strengthen. Their latest research highlights a growing performance gap separating innovation “winners” from companies that merely muddle along, with the intent...

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Will Quantum Computers defeat Cryptogrophers? https://opexsociety.org/thought-food/will-quantum-computers-defeat-cryptogrophers/ Tue, 26 Nov 2019 09:13:28 +0000 https://opexsociety.org/?p=21404 This post Will Quantum Computers defeat Cryptogrophers? appeared first on Operational Excellence Society.

Craig Costello uses mathematics to secure the digital world, both against the threats that exist today and those that may exist in the future. In this glimpse into our technological future, this cryptographer discusses the world-altering potential of quantum computers, which could shatter the limits set by today’s machines – and give code breakers a...

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The Outliers Inn; Artificial Intelligence https://opexsociety.org/podcasts/the-outliers-inn-episode-43-artificial-intelligence/ Mon, 11 Nov 2019 15:48:29 +0000 https://opexsociety.org/?p=21548 This post The Outliers Inn; Artificial Intelligence appeared first on Operational Excellence Society.

Topic: Antlerboy (aka Benjamin Taylor) continues to be plagued by substandard internet, although right in the middle of London and across the street to MI-6, yet can only get ADSL service to his office.  How can that be in 2019?  Broadcasting from home is not possible because Antlerboy is too “afraid” to tell his wife to...

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All the Ways Hiring Algorithms Can Introduce Bias https://opexsociety.org/thought-food/all-the-ways-hiring-algorithms-can-introduce-bias/ Thu, 31 Oct 2019 09:32:15 +0000 https://opexsociety.org/?p=21372 This post All the Ways Hiring Algorithms Can Introduce Bias appeared first on Operational Excellence Society.

In today’s age, the question comes to fore: Do hiring algorithms prevent bias, or amplify it? This fundamental question has emerged as a point of tension between the technology’s proponents and its skeptics, but arriving at the answer is more complicated than it appears. HBR means that hiring is rarely a single decision, but rather...

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Using Algorithms to Understand the Biases in Your Organization https://opexsociety.org/thought-food/using-algorithms-to-understand-the-biases-in-your-organization/ Thu, 31 Oct 2019 09:30:09 +0000 https://opexsociety.org/?p=21369 This post Using Algorithms to Understand the Biases in Your Organization appeared first on Operational Excellence Society.

Algorithms have taken a lot of heat recently for producing biased decisions. People are outraged over a recruiting algorithm Amazon developed that overlooked female job applicants. Likewise, they are outraged over predictive policing and predictive sentencing that disproportionately penalize people of color. Importantly, race and gender were not included as inputs into any of these algorithms. Should we be outraged...

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The promise and challenge of the age of artificial intelligence https://opexsociety.org/thought-food/the-promise-and-challenge-of-the-age-of-artificial-intelligence/ Thu, 31 Oct 2019 09:00:35 +0000 https://opexsociety.org/?p=21366 This post The promise and challenge of the age of artificial intelligence appeared first on Operational Excellence Society.

McKinsey & Co means that embracing AI promises considerable benefits for businesses and economies through its contributions to productivity growth and innovation. At the same time, AI’s impact on work is likely to be profound. Some occupations as well as demand for some skills will decline, while others grow and many change as people work...

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Artificial Intelligence; The Next “Undiscovered Country” https://opexsociety.org/body-of-knowledge/artificial-intelligence-the-next-undiscovered-country/ Thu, 31 Oct 2019 06:24:57 +0000 https://opexsociety.org/?p=21332 This post Artificial Intelligence; The Next “Undiscovered Country” appeared first on Operational Excellence Society.

In William Shakespeare’s “The Tragedy of Hamlet, Prince of Denmark” (usually referred to simply as “Hamlet”), the main character, Hamlet, uses the phrase “undiscovered country” to refer to what lies beyond the grave – the afterlife – and our lack of knowledge of it, and our fear of it.  As it is with death, so...

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The Outliers Inn; Hemp, Cannabis, Maintenance, OpEx, Chemistry and Beer https://opexsociety.org/podcasts/episode-42-hemp-cannabis-maintenance-opex-chemistry-and-beer/ Tue, 08 Oct 2019 17:55:46 +0000 https://opexsociety.org/?p=21314 This post The Outliers Inn; Hemp, Cannabis, Maintenance, OpEx, Chemistry and Beer appeared first on Operational Excellence Society.

Topic: An eclectic bunch of visitors visited The Outliers Inn sharing a myriad of challenges. It was another successful Open Mic Night at The Outliers Inn.  Word is spreading of the new format of having random call-in guests is taking hold with the guests being greater in number and in energy. We start with Antlerboy and...

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State of Readiness; Stephane Jeanmart, Syngenta https://opexsociety.org/podcasts/state-of-readiness-stephane-jeanmart-chemistry-operational-excellence-lead-syngenta/ Thu, 25 Jul 2019 14:43:25 +0000 https://opexsociety.org/?p=21110 This post State of Readiness; Stephane Jeanmart, Syngenta appeared first on Operational Excellence Society.

Welcome to this episode of the State of Readiness podcast – with Stephane Jeanmart from Syngenta I welcome Stephane Jeanmart, Chemistry Operational Excellence Lead at Syngenta, a global agrochemical business headquartered in Basel, Switzerland.  In this episode, Stephane shares his journey from being formally trained in Chemistry, a discipline of predictable outcomes governed by formulas...

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The drumbeat of digital: How winning teams play https://opexsociety.org/thought-food/the-drumbeat-of-digital-how-winning-teams-play/ Sun, 21 Jul 2019 18:56:35 +0000 https://opexsociety.org/?p=21086 This post The drumbeat of digital: How winning teams play appeared first on Operational Excellence Society.

McKinsey & Co means that most executives we know have a powerful, intuitive feel for the rhythm of their businesses. They know how hard and fast to pull strategic levers, move their organization, and drive execution to achieve their objectives. Or at least they did. But in the light digitization that has intensified the rhythm...

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Blockchain for Business, Or: Things to know before you try https://opexsociety.org/body-of-knowledge/blockchain-for-business-or-things-to-know-before-you-try/ Mon, 15 Jul 2019 13:55:44 +0000 https://opexsociety.org/?p=21052 This post Blockchain for Business, Or: Things to know before you try appeared first on Operational Excellence Society.

Before I built a wall I’d ask to know What I was walling in or walling out, And to whom I was like to give offence…. Good fences make good neighbors — Robert Frost, 1914 In this article, I explore possible uses of blockchain technology in non-financial businesses. Possible uses because the technology and supporting...

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Big carmakers are placing vast bets on electric vehicles https://opexsociety.org/thought-food/big-carmakers-are-placing-vast-bets-on-electric-vehicles/ Wed, 22 May 2019 16:13:25 +0000 https://opexsociety.org/?p=20834 This post Big carmakers are placing vast bets on electric vehicles appeared first on Operational Excellence Society.

The Economist writes that back in 1900, only one in three cars on American roads ran on volts. Then oil began gushing out of Texas. Cheaper than batteries, and easier to top up, petrol fuelled the rise of mass-produced automobiles. Cost and worries about limited range have kept electric vehicles (evs) in a niche ever...

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Why Legacy Companies Must Reinvent—or Die https://opexsociety.org/thought-food/why-legacy-companies-must-reinvent-or-die/ Tue, 23 Apr 2019 18:51:42 +0000 https://opexsociety.org/?p=20723 This post Why Legacy Companies Must Reinvent—or Die appeared first on Operational Excellence Society.

Fortune poses the question: So, who’s winning? The disruptors or the incumbents? This article means that while incumbents often get a bad rap, the truth is that for every sector where technological change has enabled fleet-footed digital disruptors to innovate business models, there are even more where established players still prevail. Furthermore the reader is...

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The Business Value of Design https://opexsociety.org/thought-food/the-business-value-of-design/ Thu, 29 Nov 2018 15:23:50 +0000 https://opexsociety.org/?p=19424 This post The Business Value of Design appeared first on Operational Excellence Society.

According to McKinsey & Co, we certainly all know examples of bad product and service design. The USB plug (always lucky on the third try). The experience of rushing to make your connecting flight at many airports. The exhaust port on the Death Star in Star Wars. The question comes to the fore: How do the best...

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