When proposing the ExtremeFactories project we had in mind to create an agile methodology to boost innovation within SMEs, specifically manufacturing SMEs. There are two important concepts that are not brought for free to this sentence: one is “manufacturing SMEs” and the other one is “agile”. During the last years companies have very well learned [...]
Read more →Whenever we think about successful innovators, we see them as extraordinary gifted people. But actually this is not the case!! Anyone of us can be a first-class innovator. Innovation is more about psychology than intellect. Dr. Martin Ziarati defines the Innovator as a visionary, creative thinker, with the ability to constantly think “outside the box”. [...]
Read more →Over the past decade, innovation has gained a unique importance in the world of business. SMEs are becoming keen on finding out about innovation and how it can help them to improve their products and/or services or to develop new products or services. Innovation is defined as ‘business not as usual’ by Ziarati (1995). While [...]
Read more →Sometimes, SMEs have to deal with problems that can´t be resolved with traditional methods. Breaking rules and exploring radically new methods may help us to obtain a different point of view about the way of overcoming a problem of any kind at any level of the company (marketing, finance, manufacturing, engineering, etc). In “Gamestorming. A [...]
Read more →The goal of the ExtremeFactories project is to develop an online based innovation management tool that especially serves the needs of industrial SME’s. It is quite hard to think, why the tool couldn’t be applied in any organization regardless its size. Being able to direct creativity and innovativeness into areas, where they are most needed [...]
Read more →People are the most important factor when driving innovation within a company. It is mandatory to encourage your staff to exploit its creative potential if you want that an innovative culture is successfully injected into your company. Agile Methodologies in Software development and in other areas of engineering (such as product development) do also consider [...]
Read more →In this hyper-competitive economic environment if the SMEs wants to have a long-term success, they need to develop new products, services, and platforms. There are number of software solution available in the market which can help SMEs to generate tons of new ideas to develop new products. But, the question is, how one can decide [...]
Read more →Innovation is a critical factor in any company’s success, and the need to get innovative products quickly on the market is just as important. Innovating in Product/Process Development demonstrates how to achieve true innovation in product development, and how to launch a new product in the quickest and cheapest way. Companies able to master the [...]
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Read more →Introducing systematic innovation management tools for SMEs is an inspiring and challenging task. However, it is also controversial and raises questions about the risks of introducing new ways of doing into companies that could be described as “process virgins”. “How to introduce analytics driven systematic innovation process in a small creative furniture design company without [...]
Read more →VAIBMU, one of the RTD partners in the project, has created a Social Media Strategy. We are testing it right now, trying to link the most extended apps in the social web all together not to miss a single person interested in Innovation and RTD. The strategy involves the 11 participants in the project and [...]
Read more →The 3rd and 4th of November we held in Coventry our first Technical meeting for the ExtremFactories Project. The work in collaboration during these 2 days was fantastic. We reviewed the work already done, prepared the specific action plan for the next 3 months and agreed on the next technical meetings dates and locations (Germany [...]
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