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Lean-Driven Innovation : Powering Product Development at The Goodyear Tire & Rubber Company

By: Norbert Majerus (Author)

Extended Catalogue

Ksh 11,150.00

Format: Paperback or Softback

ISBN-10: 1482259680

ISBN-13: 9781482259681

Publisher: Apple Academic Press Inc.

Imprint: Apple Academic Press Inc.

Country of Manufacture: CA

Country of Publication: GB

Publication Date: Aug 13th, 2015

Publication Status: Active

Product extent: 493 Pages

Weight: 860.00 grams

Dimensions (height x width x thickness): 18.00 x 25.50 x 2.60 cms

Product Classification / Subject(s): Research & development management

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This book describes how the R&D team at The Goodyear Tire & Rubber Company was able to reduce its product development cycle times by 70 percent, improve its on-time delivery performance to close to 100 percent, and improve throughput three-fold by applying lean product development principles. Detailing the steps required to kick off a successful lean initiative, the book shares experiences of this seismic transformation. It explains how lean product development helped Goodyear dramatically improve revenue by having every new product available when the market needed it.

In 2005, Goodyear’s research and development (R&D) engine was not performing up to its full potential. The R&D organization developed high-quality tires, but the projects were not always successful. Goodyear embarked on a major initiative to transform its innovation creation processes by learning, understanding, and applying lean product development principles. Within five years, Goodyear saw its product development cycle times slashed by 70 percent, on-time delivery performance rise close to 100 percent, and throughput improve three-fold – all achieved with no increase in the R&D budget.

Lean-Driven Innovation: Powering Product Development at The Goodyear Tire & Rubber Company describes in great detail how the Goodyear team was able to achieve such significant improvements. Revealing the ups and downs of this successful transformation, the book shares experiences of how this seismic change was managed, how people were engaged, and how Goodyear dramatically reinvigorated its product development and innovation processes—and, in the process, delivered substantial more value to customers and to the company.

The book also explains how lean product development helped Goodyear dramatically improve revenue by having every new product available when the market needed it. Presenting wide-ranging perspectives from all levels of leadership, this book is ideal for anyone in R&D daring to take on a lean initiative in R&D or who is struggling with a lean transformation that is not delivering to its full potential. Since the book focuses on universal lean principles, it is as insightful to other manufacturing and nonmanufacturing disciplines in any industry as well.

The book presents invaluable insights gained by the author during his 36 years within Goodyear, of which 10 have been directly involved in trying to develop, implement, and sustain lean to achieve the company’s business objectives. It distills ideas, practices, failures, and successes into key principles that lean product development practitioners can easily implement.

After reading this book, you will gain a practical path for applying lean to the innovation processes of your organization, including where to begin and what to do, regardless of the industry and the status of your transformation.

Watch Norbert Majerus discuss Lean-Driven Innovation at: https://youtu.be/yIlJEMJIcyA

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