Innovation Article

Rob Mitchum’s picture

By: Rob Mitchum

People have touted the potential of big data and computation in medicine for what feels like decades, promising more effective and personalized treatments, new research discoveries, and smarter clinical predictions. But only recently have these technologies made it to the clinic, where they can actually improve patient care.

Ryan E. Day’s picture

By: Ryan E. Day

During the 1950s, W. Edwards Deming championed quality management philosophies that helped Japan develop into a world-class industrial center. In 1954, Joseph M. Juran was invited to lecture by the Union of Japanese Scientists and Engineers. His visit marked a turning point in Japan’s quality control activities. In 2005, Gordon Styles planted his own flag of quality in the East. Styles, however, did it by founding a high-tech manufacturing facility in Dongguan, China—not exactly known as a hotbed of quality exports.

Knowledge at Wharton’s picture

By: Knowledge at Wharton

Morten Bennedsen’s picture

By: Morten Bennedsen

Employee absenteeism is a problem for companies everywhere. When employees are away from the office, for good reasons or not, the cost has been measured at somewhere around 4 percent of the world’s gross domestic product. Absences lead to delayed work, colleagues take on more, and projects are hampered, thus reducing productivity for the firm as a whole.

Ryan E. Day’s picture

By: Ryan E. Day

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For manufacturers, big parts pose big challenges. How does one measure parts that are in excess of 15 ft and also have complex geometry? Design and inspection are part and parcel of all manufacturing operations, but as product size increases, and part geometry grows more complex, the challenges take on larger proportions.

Dawn Marie Bailey’s picture

By: Dawn Marie Bailey

The message for audience members who attended the 29th Annual Quest for Excellence Conference held last week was, “Prepare for an inspiring journey.” This was the advice of keynote presenter Polly LaBarre, co-founder and director of Management Lab (MLab) and co-founder of Management Innovation eXchange (MIX).

Janet Forgrieve’s picture

By: Janet Forgrieve

Restaurant reservations systems such as OpenTable and Yelp Reservations may be one of the biggest areas where technology is working to help restaurants win new customers and build a bigger roster of loyal regulars. The services offer tools that help eateries customize the experience and add a personal touch to each interaction with a patron.

Catherine Anderson et al.’s picture

By: Catherine Anderson et al.

A well-designed product equally elevates form and function. It is pleasing to look at, easy to use, and solves a common problem. Here, five design professors answer the following question: What’s the best-designed product of all time, and why? Their responses vary from cheap, everyday products to newer, more expensive ones. But all share a story of trial, error, and ingenuity.

Henrik Werdelin’s picture

By: Henrik Werdelin

In a startup’s early days, innovation is the name of the game. But once companies gain size and recognition, they go into maintenance mode, unwilling to let new approaches take hold. When the CEOs of these larger corporations do seek innovation or change, they expect a seamless execution.

Here’s the problem: There is no such thing as flawless execution of innovation. Change and disruption, by their very nature, are messy endeavors. If an idea makes perfect sense, someone’s already done it.

Multiple Authors
By: Lars Fæste, Jim Hemerling

Digital disruption is reaching beyond technology to engulf a variety of industries, including manufacturing, transportation, energy, healthcare, and construction, that constitute a significant portion of the global economy. Manufacturing alone accounts for 12 percent of the U.S. GDP, according to The World Bank.

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