Book Excerpt: The Elegant Solution

Book Excerpt: The Elegant Solution

THE ELEGANT SOLUTION
Toyota’s Formula for Mastering Innovation

Authors: Matthew E. May

SALIENT POINTS

+ The Elegant Solution
It’s about finding the “aha” solution to a problem with the greatest parsimony of efforts and expense. The quest for elegant solution shape true innovation.

+ Three Principles and Ten Practices
In the case of Toyota it is an amalgam of three principles and ten practices the drive or fuel the innovation.

+ The Art of Ingenuity
It is all about applied creativity and it involves engagement and exploration

+ The Pursuit of Perfection
It must be disciplinary not programmatic. It must be the creative core to the daily work of everyone in the organization. That kind of discipline requires a fundamental mind shift.

+ The Rhythm of Fit
What distinguishes great innovation is its ability to serve the changing needs of society.

+ The Ten Practices
From “let the learning lead” to “keep it lean” epitomizes necessary steps to make the innovation work. By identifying the problem, the cause and possible solution it provides the pathway to search for elegant solution.

+ The Clamshell Strategy
Provide the necessary air cover and support from the top, the team does the heavy lifting from the bottom. And a pearl of innovation results.

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Book Excerpt: Mavericks At Work

Book Excerpt: Mavericks At Work

MAVERICKS AT WORK
Why The Most Original Minds in Business Win

Authors: William C. Taylor & Polly LaBarre

SALIENT POINTS

+ Rethinking Competition
Most of the prevalent strategies in business are about mimicry. Maverick leaders think differently. They don’t just strive to build high-performance companies. They create a competitive edge around an edgy critique of their industry. They espouse a fresh view on the world that jived up with customers and energizes the employees. They have a sense of purpose.

+ Reinventing Innovation
Maverick leaders understand the virtues of open-source innovation-their shared knowledge, social contacts, online reputation and computing power becoming a collective force of unprecedented power. They tap it through collaboration, healthy competition and pave the way to build an architecture of participations.

+ Reconnecting with Customers
Connecting with customers is about substance not style. In this era of oversupply, overload and overcrowded, companies that create memorable customers experience and sense of identity will win them over. This is done by evoking their emotion and arouse their feeling of shared ownership and participation.

+ Redesigning Work
Preaching about the human factor in business must be accompanied by practicing the people skills Recruitment must be geared toward getting great people on board. To attract and accommodate them workplace must be designed with a signature approach. Their potential can be unleashed by giving.

Book Excerpt is published monthly. Email to contact@yksm.com.my to inquire for subscription.

Book Excerpt: Powerful Times

Book Excerpt: Powerful Times

POWERFUL TIMES
Author: Eamonn Kelly

SALIENT POINTS

>> Making Sense of a Tranformative Era
Learning and understanding the current of underway changes and uncertainty will equip us to face and cope-up with the future as it unfold.

>> Predicting the Present
The seven “dynamic tensions” – multiple, confusing and contradictory forces are largely fueling the transition from our present to our future.
This require us to adopt a “both/and” rather than “either/or” logic.

>> Governance
As the current world order cannot take us through these powerful times, the concept of “global governance” has gained momentum.

>> Innovation
Innovation should be geared toward solving three critical areas: addressing the unmet needs of billions of people still un served by the global economy, creating more sustainable solution and improving approaches and technologies for education and learning.

>> Scenarios for the Next Decade
Any of these scenarios is plausible and elements of each are certain to unfold, the real question is which world will dominate setting the stages for decades to come.

>> Creating Our New Future
We are living through an era of transformation and we will have to learn to adopt to radically different realities. We must match our new global reality with a new global empathy based on acknowledgement that we have never been more interdependent and our interest have never been more inseparable.

Book Excerpt is published monthly. Email to contact@yksm.com.my to inquire for subscription.

Book Excerpt: Think Before Its Too Late

Book Excerpt: Think Before Its Too Late

THINK BEFORE ITS TOO LATE
Author: Edward De Bono

SALIENT POINTS

>Excellent Is Not Enough

>23 Reasons Why Thinking Is So Poor

>Creativity, Design And Judgement

>The Need For Change In Thinking Software

 

Book Excerpt is published monthly. Email to contact@yksm.com.my to inquire for subscription.