Lean Product Development

Lean Product Development

Applying the Principles of Flow. With Don Reinertsen
What you will learn:

You will learn the lean techniques that can provide a quick and lasting return on investment for product development.
Developing an Economic Framework: How to quantify the financial impact of improvements in cycle time, cost, and quality.
Managing Queues: How to control the invisible and unmanaged queues that hurt cycle time, efficiency, and quality.
Understanding Variability: How to reduce the economic damage done by variability while keeping the benefits of innovation.
Reducing Batch Size: Using batch size reduction as tool to reduce queues and improve feedback.
Applying WIP Constraints: How WIP constraints and other WIP control strategies improve cycle time, efficiency and quality.
Controlling Flow: Using cadence, synchronization, and work sequencing to improve flow.
Using Fast Feedback: How to design feedback and control systems that make a difference.
Decentralizing Control: Balancing the advantages of centralized and decentralized control.

Key benefits o...
What you will learn:

You will learn the lean techniques that can provide a quick and lasting return on investment for product development.
Developing an Economic Framework: How to quantify the financial impact of improvements in cycle time, cost, and quality.
Managing Queues: How to control the invisible and unmanaged queues that hurt cycle time, efficiency, and quality.
Understanding Variability: How to reduce the economic damage done by variability while keeping the benefits of innovation.
Reducing Batch Size: Using batch size reduction as tool to reduce queues and improve feedback.
Applying WIP Constraints: How WIP constraints and other WIP control strategies improve cycle time, efficiency and quality.
Controlling Flow: Using cadence, synchronization, and work sequencing to improve flow.
Using Fast Feedback: How to design feedback and control systems that make a difference.
Decentralizing Control: Balancing the advantages of centralized and decentralized control.

Key benefits of this course:
Through experiential exercises, lectures and facilitated Q&A, you will learn:
identify when queues cause economic damage
use batch size reduction and WIP constraints to improve flow
create fast feedback loops to increase quality and efficiency
reduce the economic cost of variability without stifling innovation
develop a step-by-step implementation plan to incorporate lean principles into your own development process

Course topics:
I – Introduction
II – Establishing an Economic Framework
III – Managing Queues
IV – Exploiting Variability
V – Reducing Batch Size
VI – Applying WIP Constraints
VII – Controlling Flow 1: Congestion & Cadence
VIII – Controlling Flow 2: Synchronization & Sequencing
IX – Accelerating Feedback
X – Decentralizing Control
XI – Finding Waste
XII – Implementation

Who should attend:
You’re a manager who plays an important role in product development
If you’re reaching the point of diminishing returns using conventional approaches to product development
You wish to quickly get benefits using lean methods

Pre-Requisites
It is preferred that participants have a basic understanding of lean techniques and at least 5 years of experience in product development. Attendees should bring a calculator, since the course will involve some light calculations. The techniques covered are general methods of analysis rather than industry specific rules. Just as physics applies to both large objects and small ones, the meth
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