Relentlessly improve through lean is the operational strategy at Watlow. Here, employees review performance at the gemba. A skilled welder isn’t born fully fledged. Neither is a superior athlete or an ...

At least half of all product launches fail to live up to companies’ expectations. For every four projects that enter development, only one makes it to market, according to a recent study at Georgetown ...

From the moment ChatGPT was first introduced at the end of 2022, it began to transform how we think about innovation. While artificial intelligence (AI) and large language models (LLMs) have been in ...

While Lean principles have been known and applied in a variety of manufacturing processes, the applications in product development have been slower to come. Several companies have also applied Lean to ...

There is a myriad of reasons why most startups fail, ranging from a lack of organizational structure to minimal understanding of who their customer is or what their product should look like. Ten years ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...