Lean Product Development is focused on increasing speed to market for new products through the reduction of waste in the NPD process, improving the effectiveness of project teams by focusing on how work is done, and improving cross functional alignment on priorities & resource allocation practices.
This overview of Lean-PD will cover:
What is Lean Product Development (A Three Layer Mental Model)
Why consider Lean Product Development
Speed Improvements which can be focused at Three Layers:
Pipeline Layer:
• Improved project evaluation methods
• Project prioritization & improved recurring resource allocation practices
• The importance of "Work Rules" to increase value added time and speed
Practice Layer:
• Use of effective Visual Management tools to improve project team effectiveness and project transparency
• The value of Facilitated Events to drive project improvements
Process Layer:
• Project Scope Management considerations for speed improvements
• Overview of ways to identify and eliminate waste in the NPD process
Complementary meal will be provided.
Steve Stucky is a Product Development leader with over 25 years of experience in large industrial manufacturing businesses within Westinghouse Electric, Ingersoll-Rand, and Emerson Corporation. He has led Strategic Marketing & Global Product Management teams with responsibility for developing new products and driving profitable growth. Steve has most recently led Regional & Global Program Management teams with responsibility for improving NPD processes, increasing project management competencies, and improving project execution effectiveness.
Steve’s passion is improving “how” work is done through Lean practices. He led a Lean Office Transformation effort focusing on Lean as an engine for growth, eliminating waste and shrinking Cycle Times for both the Delivery Value Stream & the Product Development process. Steve currently leads a global project management function within Emerson Corporation with responsibility for driving project speed improvements.
