Category: modelling

  • Innovation is betting: you’ve got to be in it to win it!

    Innovation fails Innovation is not guaranteed to work, if it were then it would not be novel enough to be termed “innovation”. So there is a risk involved. However, presumably, we would like our innovative efforts to work (that is, to pay out) some of the time, otherwise they would not be worth the price.…

  • Less is more manufacturing productivity

    Recollections of an memorable project Thinking about the concept of “less is more”, takes me back to a small and initially unpromising project that a maverick boss of mine persuaded me to get involved in many years ago. It provides an interesting example of counter-intuitive optimisation. The scene… There was a manufacturing plant which produced…

  • “Innovation” is manageable!

    This is news to many people and organisations. Many take the view that “innovation” happens somehow, and that it is fairly random, risky and unmanageable. But others are showing that this is not so. The article, The manageability of innovation, describes that this is not unlike the situation in other areas in the past. As…

  • Things counter-intuitive

    “That makes no sense!” … “How can that possibly work?” … “There is no way that I am trying that! Are these the kinds of comments you have heard from beginners at … well anything that they consider “counter-intuitive”?