Monday, June 11, 2007

Jack Vinson: Innovation vs. Efficiency

Noted: "The innovation literature makes it clear that the job of innovation has to be allowed to be separate from the job of operations management. They are just too incompatible to make them work together. I've even heard Eli Goldratt differentiate between growing the business by creating a better service model and growing through new products. Theory of Constraints, from my current understanding, really focuses on existing products and services. New products have to come through another pathway -- one not managed by the same methods and thinking."