Daily Archives: February 19, 2006

The Deming Difference

The Deming Difference (broken link removed): Everyone wants instant pudding. Then, Dr. Deming stands up and says there is no such thing as instant pudding. That we must learn how to integrate knowledge of people, statistics, and theory of knowledge into a working, breathing organizational system. That understanding these principles will lead to transformation. Instead of being competitive, individual components of the system will, for optimization, reinforce each other. This process is not spontaneous and is discontinuous. Some days little … Continue reading →

Posted in Deming | Tagged

Funding Invention Vs. Managing Innovation

Funding Invention Vs. Managing Innovation [the broken link was removed] by John Hagel and John Seely Brown But if we shift our attention from invention to innovation, we begin to see a much broader horizon. Innovation — the ability to create and capture economic value from invention — is what really drives both the economic prosperity of nations and the shareholder value of corporations. Innovation isn’t just confined to commercialization of new products. It can also build upon creative new … Continue reading →

Posted in Innovation, Management Articles | Tagged