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Automated innovation, next boom


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Pushan Banerjee
Good article but lots of things to ponder
by Pushan Banerjee on Feb 23, 2007 12:24 PM

Dear Atul,

Your article is really informative. Yet, I ave some questions:
Processes 2,3 and 5 are something that have been used in Japanese companies for many years. Their entire sales is customer centric and their sales team gives them the most valuable primary data for research. Indeed, Japanese demand graphs have a deviation of .01%. Also, coining a new term has always been the forte of American business houses. "Open Innovation" is a fancy but has been followed for years in Japanese companies. What I feel is that Automated innovation is good but is in basics a more slicker nomenclature for old concepts.
Toyota way by Jeffrey Liker outlines the giant that is Toyota and the principles that they used to become the best car company on earth. I feel that most of what is described here is imbibed at Toyota and fail to understand the hoopla.
To me this is just another American gimmick to grab attention via a slick and eye grabbig marketing exercise


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trivedi kaushik
MEMS-next big thing
by trivedi kaushik on Feb 14, 2007 05:34 PM

the way i am seeing is that the world's next major transition is towards MEMS(MICROELECTROMECHANICAL SYSTEMS).still at research level in India.

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arun sevugarathinum
Innovation
by arun sevugarathinum on Feb 14, 2007 05:07 PM

Innovation is not only related to Products.It also should be applied to every process we follow in a company.Because by Controlling the process we can save money to invest on products

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sushant kaul kaul
What about the basic priciples of bussiness
by sushant kaul kaul on Feb 14, 2007 04:29 PM

Sir if technology is given so much of weghtage then why dont maximum no. of co.s adopting them be the best co.s in the world. I guess that is what Goldratt talks about in his book The Goal.

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