ORGANIZATION

Frank M. Hull

Chapter 5 in Driving Cost-Effective Innovation with Concurrent Systems:Strategy, Process, Organization, & Tools/Technologies, 2024, pp 131-162 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Organizational practices provide the foundation of product development systems in large-scale enterprises. Organization is composed of eight subsets of practice that are profiled and grounded in case examples. Means are compared with the Best-in-Class standards as well as the lowest scores recorded in the SPOT II databank. Correlations with overall performance in Appendix Table 5 enable readers to benchmark their enterprises against BIC standards to prioritize for improving organization effectiveness. Insert the percentage of time your enterprises deploys 10 key practice to calculate Big Bangs to identify high leverage opportunities for improving performance.The cornerstone of concurrent organization design is early simultaneous influence (ESI), a critical practice for cost-effective innovation. The impact of ESI on performance is even greater in enterprises targeting radically new product developments. Excerpts from case studies illustrate the effectiveness of organization practices for improving operations for product development. For example, a division of Lockheed-Martin provides an exemplary case example of transformation to concurrent product development (CPD) by empowering cross-functional teams with charters specifying mission and resources for execution from the outset.

Keywords: Innovation Management; Technology Management; Disruptive Technologies; Radical Technology Development; Productivity Improvement; Strategic Management; Organization Behavior; Industrial Management; R&D Management; Product Development; Service Management; Concurrent Engineering; Systems Engineering; Lifecycle Management; Transformational Leadership; Project Leadership; Team Management; Enterprise Transformation; Industrial Benchmarking; Total Quality Management; Lean; Agile Systems; Software Development; Japanese Management Systems; Quality Circles; Human Capital Development; Diversity Development (search for similar items in EconPapers)
JEL-codes: O32 (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9781786343901_0005 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9781786343901_0005 (text/html)
Ebook Access is available upon purchase.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9781786343901_0005

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().