Lean Product Development

6 Myths of Product Development

Many companies have not tapped the full potential their product development process, because their management thinking has not evolved as quickly as the technology for execution:

they still approach the Highly variable information-generating work of product development as if it were like manufacturing, failing to recognize it is profoundly different.

 

Details why lean product development works and applying manufacturing principles to product development does not: 

https://hbr.org/2012/05/six-myths-of-product-development

Lean Product & Process Development TechnipFMC sub-sea oil & gas

"Investors have noticed, upgrading stock to buy and an immediate 3% jump in stock price"

TechnipFMC in developing a seafloor production system

“ in some ways these systems would be easier to install, operate and service if they were in space.”

“controlling 10,000 barrels of oil per well per day at 1,000 psi and at temperatures higher than 100 degrees F.”

“targets for the project: half the size, half the part count, half the weight, and half the cost, which would make it the foundation of a completely new way of doing business.”

conventional manifold compared to new design from LPPD principles

conventional manifold compared to new design from LPPD principles

“The team achieved the objectives of half the weight, half the size, and half the part count, and did so at a dramatically lower price point and it delivered the project on time, at cost, and at a projected lead-time reduction of 1/3 on future orders.”

“LPPD was key to enabling the disruptive change we were looking for.“


full article link:

LPPD Under the Sea: Efficient Product Design with Subsea 2.0

https://www.lean.org/LeanPost/Posting.cfm?LeanPostId=984

Why Companies expect the results Lean Product Development delivers but are unwilling to do the work?

great blog post by Dantar Oosterwal reflecting on Dr. Allen Ward - Why do organizations expect the results Lean Product Development delivers but are unwilling to do the work?

Do not try to bring lean manufacturing upstream to product development!


Allen: “I’m tired of wasting my time on companies that want improvement but won’t do the hard work to get the results.”

Dantar: ‘I can assure you that we are serious about making improvement.’

Allen: “I’ve heard that before. Call me when you know what you are asking and commit to doing the work.”

result: 4-fold improvement in product development


Allen Ward Why do Org expect LPPD results but unwilling to do the work.jpg