READ AND LEARN
The Lean Product Playbook
Reading Pick of the day! The Lean Product Playbook - How to Innovate with Minimum Viable Products and Rapid Customer Feedback - by Dan Olsen.
Today’s reading pick:
The Lean Product Playbook:
How to Innovate with Minimum Viable Products and Rapid Customer Feedback" is a book written by Dan Olsen. Dan Olsen is a product management expert and consultant who has worked with several startups and large companies to help them develop and launch successful products.
The book provides a comprehensive guide to using Minimum Viable Products (MVPs) and rapid customer feedback to innovate and create successful products. The author argues that by using this approach, organizations can validate their product ideas, gain valuable customer insights, and improve their chances of success. The book is divided into four parts: the first part provides an overview of the MVP approach, the second part examines how to create and launch MVPs, the third part looks at how to use customer feedback to improve products, and the fourth part provides guidance on how to scale and grow successful products.
Key takeaways from the book:
The Lean Product Playbook is a comprehensive guide to using Minimum Viable Products (MVPs) and rapid customer feedback to innovate and create successful products.
MVPs are a powerful tool for validating product ideas and gaining valuable customer insights.
The book covers the complete process of creating and launching MVPs, from idea generation to customer feedback.
The book provides practical tips and strategies for creating MVPs that are effective in validating product ideas and gaining customer insights.
The book emphasizes the importance of rapid customer feedback and how to use it to improve products.
The book highlights the importance of involving customers in the product development process.
The book provides guidance on how to scale and grow successful products.
The book covers the common challenges that organizations face when creating MVPs and how to overcome them.
The book is designed for both startup and established companies, making it a valuable resource for anyone looking to improve their product development process.
The book emphasizes that the ultimate goal of MVPs is to validate the product-market fit and that the MVP should be seen as a learning tool, not a product launch.
In conclusion, The Lean Product Playbook is a valuable resource for anyone looking to improve their product development process. The book provides a comprehensive guide to using Minimum Viable Products (MVPs) and rapid
Enjoy reading and improving!
Understanding A3
Reading Pick of the day! Understanding A3 thinking a Critical Component of Toyota’s PDCA Management System - by Durward K. Sobek and Art Smalley.
Today’s reading pick:
Understanding A3 thinking
A3 is a given systematic in the lean management world. This book can be seen as a manual for developing an A3 beyond just the format and functionality. The authors take you on a little journey of the development, the usage of the A3 at Toyota and the systematic approach behind it incl. the well known PDCA methodology.
The authors make it very clear that the philosophy of problem solving and the underling process of continuous improvement matter far more than only the layout of the A3 report. At Toyota the permanent use of PDCA and the A3 methodology has developed generations of critically questioning problem solvers with the positive effect of daily continuous improvements putting Toyota first in the field.
KEY take aways of this book
Toyota remains among the world’s most successful car manufactures.
The PDCA and A3 methodology strives for the ultimate philosophy of continuous improvement.
The A3 thinking process orientates itself among seven crucial elements that support visualization and a common understanding.
The A3 format can be individual adjusted based on the needs.
Toyota is mainly using the PDCA based A3 process for problem solving, status reports and proposals.
Don’t use the A3 report always in the same way. As mentioned before, style and form depend on the matter and should support the understanding.
Enjoy reading and improving!
The machine that changed the world
Reading Pick of the day! The machine that changed the world - by James P. Womack, Daniel T. Jones and Daniel Roos.
Today’s reading pick:
The machine that changed the world
The machine that changed the world by James P. Womack, Daniel T. Jones and Daniel Roos is a management classic. Not only taught in worldwide leading business schools, this book remains relevant since first published in 1990. It’s about the never ending cycle of disruption, innovation and change in markets and technologies. This book offers you great lessons of the lean revolution itself as well as the transformation trough digitization and advanced computing technology.
Key Take Aways of this Book
Coming from Toyotas lean manufacturing process - two main roots > mass and best of class production.
The price to quality ratio got Toyota on the top of the industry.
Lean production beats mass production across all process steps in car manufacturing.
In the west distribution of cars is still set up as it was during Henry Ford’s time (outdated).
The market you want to compete in is the market you have to produce.
Lean production faces the same obstacles in acceptance like mass production once did.
Lean production will develop to the mainstream format of industrial manufacturing of goods in the 21st century.
The big question after reading this book is if the western countries will be able to find their own way in lean manufacturing or if the Japanese will drive the market?
Enjoy reading and improving!
Lean Production Simplified
Reading Pick of the day! Lean Production Simplified - by Pascal Dennis.
Today’s reading pick:
Lean production simplified
Pascal Dennis’s a leading engineer and consultant was learning from the best Toyota sensei (teachers) who taught him on how to summarize the Lean Production System easy but effective. The book starts with history and purpose of Lean Manufacturing which is basically achieve more with less and how to fulfill customer expectations. Everybody in the lean world knows about the house called production system with standardization as its foundation and customer value as its roof, with several pillars for operations, depending on the field of operation itself. The heart of every Production System is the shop floor with the value adding process and its contributing processes. Lean can be described as a continuous learning process with the goal of waste free perfection.
Key Take Aways of this Book
Lean Production came out of a necessity to get car manufacturing in Japan out of the loss making.
Lean Manufacturing means achieve more with less while fulfilling customer expectations.
You can’t achieve stability without standardization.
JIT - Just in Time means it is following the 6R > The right items at the right time at the right place for the right price in the right quantity and the right quality.
JIDOKA translates as automation which ensures zero defects at workstation.
KAIZEN events involve everybody to develop problem solving skills and make incremental improvements.
HOSHIN planning helps you to align resources along your targets. Key is to have a transparent knowledge sharing to strengthen your workforce.
Having a living Lean Culture is crucial due to its standards and the drive for perfection
If you are into Lean Manufacturing and Operational Excellence, get this book and you have a great starting point.
Enjoy reading and improving!
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