Knowledge creation, or idea generation, may be defined as a process of focussing upon a subject of interest with the intention of developing new ideas and concepts. This often involves an interaction between explicit knowledge (available data) and subjective knowledge (intuition)
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New Product Development Tools |
Methodologies that, when incorporated into the product design process, enable control of key factors such as cost, risk management, and quality.
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Product Lifecycle Management |
Product Lifecycle Management (PLM) involves the application of business strategies and improvement tools throughout the life-cycle of products and services. A central goal of PLM is to facilitate ongoing innovations whilst maximising the profitability and usefulness of products/services throughout their total business life-cycle i.e., from conception through to recycling or disposal. The successful outcome of PLM is reliant upon wide collaboration between all parties involved, and upon the sharing of relevant information throughout the product's life-cycle.
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Business Continuity Planning |
Business Continuity Planning (BCP, also known as contingency planning, disaster recovery, or crisis management) is the process of planning, preparing, implementing, and testing an organisation's capability to sustain critical business functions when normal operations have been unexpectedly disrupted. Business continuity planning involves the development and implementation of emergency response procedures designed to maintain the continuity of critical business functions along with the timely recovery of disrupted services.
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Lean Techniques focus on identifying and eliminating all non-value adding activities within processes; which in lean terminology are called "waste". Lean production processes are designed to improve the efficiency of how organisations use resources and typically have objectives based on minimising waste, reducing costs, and improving productivity.
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