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America’s Real Manufacturing Advantage

America’s Real Manufacturing Advantage | Modern Leadership | Scoop.it
A new wave of software innovation is about to transform industry—and give the United States the chance for a lasting edge.
Chip Srull's insight:

Software's impact on the Five Steps of Product Development. 1) Product design: Increasingly powerful visualization and simulation software is enabling manufacturers to speed and improve product design, testing, and optimization.  2) Production planning: Automation design technology makes it possible to digitally design entire factories or individual pieces of equipment, and then simulate and optimize against a range of production scenarios for cost, speed, productivity, utilization, energy usage, and quality.  3) Engineering: Modern production may have hundreds of interrelated automation components. New software makes it possible for engineers to program and coordinate all automation tasks from a single portal, optimizing workflows and improving productivity.  4) Execution: Manufacturing execution systems monitor production performance in real time, enabling short-term control of manufacturing output and long-term optimization of production-unit configuration.  5) Service: Mobile devices, powerful networking, and “big data” analytics are enabling technology-based services opportunities such as remote monitoring and advanced predictive failure analysis that will reduce costs and improve utilization and productivity.

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Cognitum Techblog: Software Models - what it is all about?

Cognitum Techblog: Software Models - what it is all about? | Modern Leadership | Scoop.it

The rapid development of software engineering methodologies that has occurred with increasing complexity of computer programs is related to the need for a way to ascribe and analyze the software intensive systems at the time of their formation. 

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How to Sidestep the Excellence Trap

How to Sidestep the Excellence Trap | Modern Leadership | Scoop.it
Rita Gunther McGrath, author of The End of Competitive Advantage: How to Keep Your Strategy Moving as Fast as Your Business, introduces a passage about when—and when not—to demand excellence from Tipping Sacred Cows: Kick the Bad Work Habits That...
Chip Srull's insight:

High achievers sometimes obsess over excellence to the point of missing the bigger picture.  A manical focus on excellence (i.e. perfectionism) can lead to blind obsession that lowers productivity.

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Seizing the potential of ‘big data’ | McKinsey & Company

Seizing the potential of ‘big data’ | McKinsey & Company | Modern Leadership | Scoop.it
Companies are learning to use large-scale data gathering and analytics to shape strategy. Their experiences highlight the
principles—and potential—of big data. A McKinsey Quarterly article.
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How to Design a Winning Company

How to Design a Winning Company | Modern Leadership | Scoop.it
The eight components of your organizational genome hold the secret to unleashing superior performance.
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