In New Product Development, the ability to deliver projects quickly and on budget is critical to success. Which is why inaccurate estimates are such an important problem.
In this talk, Johanna Rothman explains how companies can tackle this issue by shifting their resource management mindset to some of the key ideas of Lean Product Development, and in particular the concept of Flow Efficiency.
Scrum, Sprints, Kanban, Niko Niko... It used to be that these words were spoken exclusively within a software development environment, where Agile methodology took root. However, some early adopters and leading manufacturers have recently been giving them a new meaning, by experimenting and translating Agile methodology into their new product development processes.