I came across "Guest Blog: Finding Science and Success with Lean Principles in R&D" by Norbert Majerus of Goodyear on the Factory Physics website, and it describes the Factory Physics ideas as applied in new product development, and I thought it was a pretty good summary. This is also a lot of what we do with Theory of Constraints concepts applied in product development (and project management) arenas too.
All in theory of constraints
The Manager Tools podcast has a recent entry on The Five Whys which come out of the suite of tools from Toyota / Lean / Toyota Production System. It's a great root cause analysis tool, but the way the Manager Tools team describe it struck a chord with me.
Unlocking Innovation Productivity
Unlocking Innovation Productivity (Proven Strategies that Have Transformed Organizations for Profitable and Predictable New Product Growth Worldwide) by Mike Dalton is a guide to the challenges of product innovation and how to overcome them. He provides seven cumulative strategies to improve innovation, all based on Critical Chain Project Management and the underlying Theory of Constraints.
Quality, Involvement, Flow: The Systemic Organization by Domenico Lepore, Angela Montgomery and Giovanni Siepe. It's a good read for people interested in management and creating ever-flourishing organizations.
A video about multitasking told from the perspective of a design engineer who was lost in the world of multitasking - it took him four weeks to do a 2-4 day design task.
Steve Holcomb has an article on LinkedIn that describes a nice success story in using the TOC concept of Throughput Accounting to guide decision making and bring a company back to profitability. This reminds me of a similar project I had.
How many projects in businesses today are focused on building / implementing a solution without understanding why? Your problem isn't the lack of a solution.
Kristin Cox has been honored as one of eight Public Officials of the Year by Governing Magazine. She has presented keynote addresses at TOC ICO, talking about how she has used Theory of Constraints in her work in Utah's Office of Management and Budget. It's nice to see this acknowledged in a public way.
Breakthrough Project Management from Ian Heptinstall and Robert Bolton is a brief guide to getting significantly improved project performance through combining two management approaches: One is Critical Chain Project Management (CCPM) and the other is collaborative contracting. For me the material on CCPM is a confirmation of what I have been doing for many years. And the material on Project Alliancing is new, and yet it rings bells for ensuring successful projects of any type.
The project management community like to point to examples of really bad project management. Every once in awhile, there are examples of extremely good project management as well. These are all videos, but they get the story across
What does "continuous improvement" mean? What does it mean to you? There is a strong connection to humility and acknowledging that "I don't know". Or at least, I have more to learn.
Depending on who you talk to and where you listen, the Lean and Theory of Constraints communities are either close partners or opposing players in the "continuous improvement" arena. But from my perspective they are much closer to being friendly than opponents.
Mike Dalton has a nice series of articles on project management in Industry Week (and copied to LinkedIn Pulse). "Are Your Plans Realistic & Robust?" entry is on planning and using the CCPM approach to construct a plan.
Steve Holt gave a talk entitled "Stay on the Red Curve by Making Your Own Products Obsolete." He touched on a lot of topics, but the general idea is that the competitive advantage linked to innovations (in product, service, etc) can only last so long for a business.
Dee Jacob (author of Velocity) provided a workshop of a game she has been developing over many years of practice in critical chain project management. I have looked around for games or simulations to help highlight the critical pieces of critical chain, and this is the best I've seen.
Henry Camp told a parable about his own experience in trying to motivate people, in particular his sales staff. I cannot do the story justice, so I won't. Henry is a great storyteller, and he's always given off a warm, humble-but-understanding vibe. Maybe that's his Louisville roots.
Kevin Kohls had a great talk on the topic of The "Bad Luck" Obstacle - Management Churn. Essentially, he is asking the question of how people who do TOC (or any other) implementations deal with the fact of life in organization: management moves around.
Another talk on Strategy & Tactics Trees at the conference came from Michael Hannan. In this presentation he suggested updating the current "projects" S&T Tree to be more universal to any project-delivery organization.
John Ricketts from IBM talked about his view that S&T trees should be dynamic, because the assumptions under which the S&T was built could change. One must be able to pivot as the underlying conditions change.
Along with the detailed posts I've written in the past few days, there are plenty of interesting ideas and hallway conversations. Here are some of those. And a few more posts after this one.