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Knowledge at Wharton
It was 2003, exactly 56 years after Ole Kirk Christiansen bought the first plastic injection molding machine in Denmark to start manufacturing plastic bricks for building-block toys. On the surface, or so it seemed, the LEGO Group had done everything right over that time period.
The company was an…
MIT News
Not long ago, MIT political scientist Suzanne Berger was visiting a factory in western Massachusetts, a place that produces the plastic jugs you find in grocery stores. As she saw on the factory floor, the company has developed an innovative automation system that has increased its business:…
Knowledge at Wharton
Innovation is a tough word to define, but most would say they know it when they see it. At a recent Wharton Women in Business conference, participants were asked to discuss their personal definitions of the term and give a concrete example from their own experiences. Here is a look at what they…
Stewart Anderson
Few would argue with the proposition that a firm’s well-being depends upon its ability to innovate. Firms that lack the capacity to develop new and improved offerings which satisfy customer needs, together with improved means for realizing and providing those offerings, are not likely to remain…
Akhilesh Gulati
Cooking is not my forte, but I try. I intended my latest concoction to be interesting, new, and easy. It was a soup, made with nontraditional ingredients, and it won rave reviews at a neighborhood potluck. No one could guess all the ingredients, so it won the “unique” dish award. When asked…
Laurel Thoennes @ Quality Digest
“What makes a personal kanban any better than a to-do list?” asked Julie, crossing out a completed task on her “ta da!” list with exaggerated strokes.
“With personal kanban you visualize your work, it becomes tangible, you get kinesthetic feedback, it’s flexible, contextual, and it promotes…
