Strategic foresight is a discipline that provides a structured way to investigate, not predict, the future. In the research and development context, strategic foresight is advanced portfolio management, where projects are selected based on robustness across multiple future scenarios.
Smart factories, enabled by augmented reality, predictive analytics, and the digital twin, may not be as futuristic as you think. Need inspiration to get started? Here's our vision of the factory of the future, and the people and processes that will be impacted.
Multi-category retailers design and develop a huge array of product types, often with vastly different development processes. With so many possible variations, should multi-category retailers align all product development teams onto one PLM platform, or use multiple systems?
How can hard goods manufacturers or retailers build on the PLM use cases from other industries, and what unique value can a PLM transformation offer to them?
The internet of things (IoT) is an emerging technology that has the potential to disrupt the manufacturing industry. Here are some two important ways IoT can benefit manufacturing, and some examples of companies with effective IoT manufacturing strategies.
The traditional approach to planning, one that is linear and functionally-driven, is broken. Here are the benefits of an Integrated Planning approach, and five factors to keep in mind to set yourself up for success.
Data is considered a vital strategic asset, but for most companies, the lack of usability, integrity and availability of the data impedes the ability to harness its total value. Data governance can help, but requires these six factors for true success.
When it comes to executing complex projects, clarity of communication yields results. Direct conversation provides an ideal climate that removes ambiguity and fosters real innovation in a project setting.
In the heat of any complex innovation project, there will be times where conflict arises around requests and commitments. Don't let these situations fester - escalate to quickly resolve the issue.
How does an effective manager get project participants to make commitments? By building joint accountability for project success through formal requests.