Another month, another scrappy foretelling of the future by Elon Musk. He is mostly known for his electrifying visions of a Mars colony and electric cars as the answer to our gas-guzzling transportation problems. He is a man noted for making bold predictions that seem impossible to fulfill, and then delivering on his promises even if he does so behind schedule.
What are the biggest drivers of change when it comes to the world of business? A 2015 survey conducted by the Economist Intelligence Unit discovered that technology is considered the most crucial factor. But how enthusiastic or reluctant are businesses to adopt new approaches?
“Especially in technology, we need revolutionary change,” announced Google’s CEO Larry Page during last month’s TED conference in Vancouver. When it comes to sports and technology, this revolution is lead by Mark Cuban, Dallas Mavericks owner, and entrepreneur, by integrating GPS tracking with the NBA. So how does this pioneering scheme assist change in sports?
Although it may seem intuitive for lean manufacturing and green manufacturing to go hand in hand—after all, both aim to make manufacturing processes more efficient and less wasteful—for many manufacturers, this isn’t always the case. Continue reading “Medical Device Manufacturers: Going Lean and Green Boosts the Bottom Line”
In an industry that is constantly pushing for less waste and higher productivity, single-minute exchange of dies (SMED) is a crucial aspect of lean manufacturing. Continue reading “How SMED Can Dramatically Improve Manufacturing Productivity”