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Value-Driven Innovation includes Lean Principles
and Approaches such as the Toyota Development
System, modern Value Engineering and Analysis,
and our own proprietary Value-driven Innovation
Models.
Value-Driven Innovation
integrates Lean Principles with our frameworks
for innovation such as the DC Cycle™
and Business Exchange Model™
to create practical approaches to designing in
high value, low system cost solutions. |
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What
is Value-Driven Innovation?
Lean Methodology has
revolutionized production practices in virtually all
world-class industries. The principles of Lean and the
associated methods have been gradually moving upstream
toward the product and concept development end of the
lifecycle.
However, a literal
translation of many of the practices of Lean in the
manufacturing area actually work counter-productively in
the concept and early development phases. For example,
while variability is avoided in manufacturing, it is a
requirement during concept development, in terms of
having design alternatives. So how principles of Lean
are interpreted and applied to the innovation stages of
the lifecycle are often very different.
What is constant is the
need to innovate toward the key values driving your
business which include both customer and company values.
Waste then is interpreted in the larger system context.
Value Engineering and
Analysis fit perfectly into the Lean scheme of things.
Value Analysis discovers customer-relevant performance
and relates it back to the systems providing that
functionality in a way that enables designers and
engineers to seek lower cost solutions to provide
equivalent product performance. In addition to reducing
costs, Value Analysis intelligently applied can become a
powerful and highly relevant Innovation Driver.
Therefore, value engineering is a key piece of the total
Value-Driven Innovation package.
Value-Driven Innovation
is a comprehensive system which prepares, informs and
directs innovation processes to focus on maximizing
business value, minimizing total system waste,
maximizing flow rates, minimizing turbulence and "stops"
(including gates!), and creating total development
system optimization rather than optimizing piecemeal.
Although the concepts
seem easy to understand, there are many components and
tricks of the trade to get it to work correctly.
Innovation Frameworks has
developed a framework for innovation which integrates
the components into a cohesive whole and adapts to a
very wide variety of situations. The framework for Lean
Innovation adapts the principles to your methods of
product development and makes Lean accessible to your
company.
Why
do we need a consultant
To use lean
terminology, a consultant can help you avoid wasted
effort and maximize total system value generated by a
product or process. You save time and energy by avoiding
common pitfalls, benefiting from cross-company
experiences and by getting the right expertise in the
right place at the right time.
Your consultant can
help you lay out a program, grow your capability in the
right sequence and avoid common mistakes.
There are many
counter-intuitive methods in Lean. Using "common sense
thinking" can actually make you do the wrong thing. Your
consultant can help you through these minefields.
Perhaps most
importantly, your consultant will address the
Value-Driven Innovation process in the context of our
Innovators Framework™.
This model is designed to properly sequence and organize
the innovation processes in your projects.
Business Exchange Model™,
Value-Driven Innovation™
, DC Cycle
™
and Innovation Frameworks
®
are trademarks or registered trademarks owned
by Innovation Frameworks LLC
All Rights Reserved