The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. One of the ways generative ...

If you’ve ever wondered why agile or lean development techniques work, The Principles of Product Development Flow: Second Generation Lean Product Development by Donald G. Reinertsen is the book for ...

The best way to reduce machining lead time is to establish a “flow” from one process to another, using cells to link, synchronize, and eliminate excessive material handling, excess inventory, and ...

While Lean principles have been known and applied in a variety of manufacturing processes, the applications in product development have been slower to come. Several companies have also applied Lean to ...

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Too many manufacturers are failing to bring new products to market on time and on budget. As a result, they are taking a hard look at their product development processes and exploring new methods, ...

There is a myriad of reasons why most startups fail, ranging from a lack of organizational structure to minimal understanding of who their customer is or what their product should look like. Ten years ...