Innovation and Entrepreneurship Review

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Innovation and Entrepreneurship ReviewInnovation and Entrepreneurship is a good resource for categorizing and identifying sources of innovation. Drucker does an excellent job of organizing the key elements involved in innovation and there is a fair amount of real world examples that help the reader understand the concepts. However, most books on this topic usually leave me asking for more concrete examples of the execution of the topics laid out here, and this book is no exception. Innovation and Entrepreneurship is more about creating a framework for innovation that can be used to compartmentalize current practices and shed light on their origins. Drucker accurately points out that the least likely sources of innovation are from new knowledge and bright ideas. The insight into this alone, makes the book well worth reading. If you are looking for a way to categorize and identify the most effective sources of innovation in an effort to budget the research efforts in you corporation, I highly recommend this book. If you are an entrepreneur looking for new sources, you might me better off looking elsewhere, such as Clayton Christensen's The Innovator's Dilemma.Innovation and Entrepreneurship OverviewThe first book to present innovation and entrepreneurship as purposeful and systematic discipline which explains and analyzes the challenges and opportunities of America's new entrepreneurial economy. A superbly practical book that explains what established businesses, public survey institutions, and new yentures have to know, have to learn, and have to do in today's economy and marketplace.

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Democratizing Innovation Review

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Democratizing Innovation ReviewThis is a wonderful book beyond the typical managerial how-to-do checklists. This is the reason why I recommend this book especially to managers and practitioners (innovation management researchers will read the book anyway as Eric von Hippel is one of the leading scholars in this field). Managers may find the book, on a first glance, academic, full with tables, numbers and references. But von Hippel is driven throughout his book by the motivation to present not only a fascinating new idea, but to show that this idea is already a reality and that there is empirical evidence that his concepts provide value for companies and customers. This is the main difference to other books in the area which present various fuzzy weak signals but no proof.
Von Hippel's book goes also beyond the open innovation idea of Chesbrough and others as mentioned by the first reviewer. Chesbrough names a lot of important actors in the innovation process, but neglects the - in my opinion - most important one: the customer or user of the innovation. Von Hippel starts exactly here. His approach is focused on the role of users and customers for the innovation process. In this regard, he builds on his earlier word of the 1970s and 1980s, but has a new story to tell: that user innovation is not only changing the corporate innovation process but also the nature of value creation: If manufacturing is outsourced to Asia, and users take over innovation (and perform this process superior to internal innovation processes), what is left for the corporation?Democratizing Innovation OverviewInnovation is rapidly becoming democratized. Users, aided by improvements in computer and communications technology, increasingly can develop their own new products and services. These innovating users—both individuals and firms—often freely share their innovations with others, creating user-innovation communities and a rich intellectual commons. In Democratizing Innovation, Eric von Hippel looks closely at this emerging system of user-centered innovation. He explains why and when users find it profitable to develop new products and services for themselves, and why it often pays users to reveal their innovations freely for the use of all.The trend toward democratized innovation can be seen in software and information products—most notably in the free and open-source software movement—but also in physical products. Von Hippel's many examples of user innovation in action range from surgical equipment to surfboards to software security features. He shows that product and service development is concentrated among "lead users," who are ahead on marketplace trends and whose innovations are often commercially attractive.Von Hippel argues that manufacturers should redesign their innovation processes and that they should systematically seek out innovations developed by users. He points to businesses—the custom semiconductor industry is one example—that have learned to assist user-innovators by providing them with toolkits for developing new products. User innovation has a positive impact on social welfare, and von Hippel proposes that government policies, including R&D subsidies and tax credits, should be realigned to eliminate biases against it. The goal of a democratized user-centered innovation system, says von Hippel, is well worth striving for. An electronic version of this book is available under a Creative Commons license.

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TPM Reloaded: Total Productive Maintenance Review

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TPM Reloaded: Total Productive Maintenance ReviewIf you think that you know about TPM, then think again. In this searching examination of the state of TPM practice as it stands today, Joel Levitt shows how and why modern practice varies from the original intent. In what might be a slap in the face to some practitioners and consultants, Levitt tells it how he sees it - and then backs it up with evidence.
However, what I really like about this book is that Levitt does not stop at pointing out the problems, he goes on to provide solutions. Using examples that stretch from the humble coffee machine in every café through to the Space Shuttle (and most things in between) Levitt explains what to do to design and implement TPM in the modern workplace. Importantly, this includes examining the application of TPM in different phases of the machine lifecycle.
Key topics include:
*The relationship between `Lean' and TPM
*A day in the life of a TPM shop
*Selling TPM to different stakeholders
*Achieving Autonomous Maintenance
*Overall Equipment Effectiveness (OEE) and different OEE models
*The application of RCA in TPM
*Addressing the `past sins' that both haunt us and create inertia for TPM initiatives
*Conducting `walk through' audits
*The implications for your CMMS and your MRP II interface
With sections that focus on `getting down to the nitty-gritty' and conducting `One Point Lessons' this book provides a comprehensive guide to implementation, training and achieving lasting success.
This well researched book includes references to, and quotes from, many leading thinkers in TPM, including leading Japanese executives and other international practitioners from many fields. The book also includes comprehensive references to further online resources, videos and articles.
In the introduction, Levitt reminds us that we need to `use all the capabilities of our people' and this book is set to be a key asset for anyone charged with taking their team on the TPM journey.
Phillip Slater
Operations Management Specialist, Consultant, and Author.
Author of Smart Inventory Solutions: Improving the Management of Engineering Materials and Spare Parts and A New Strategy for Continuous Improvement: 10 Steps to Lower Costs and Operational Excellence.
TPM Reloaded: Total Productive Maintenance OverviewThis is a challenging, innovative, and timely new look at implementing Total Productive Maintenance (TPM) by one of the field's leading trainers and authors. The book takes into account the economic upheavals of recent years and demonstrates that TPM is less about moving maintenance tasks to operations than moving accountability for aggregate output of the plant to operators. The author goes on to show that effective TPM - TPM reloaded -- requires a radical difference in management's view of the worker and even tougher, a radical change in the way workers view their own role.

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Benchmarking Best Practices in Maintenance Management Review

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Benchmarking Best Practices in Maintenance Management ReviewThis book contains very little information on benchmarking and even less on best practice. I have also read "developing performance indicators for managing maintenance" by the same author - equally poor. In summary, if you want a VERY broad overview and currently have NO experience then this book may represent some value - otherwise look elsewhere.Benchmarking Best Practices in Maintenance Management Overview
Provides a clear, concise benchmarking methodology.
Clearly explains and interprets the most current maintenance benchmarks.
Contains a benchmarking database from more than 100 companies.
Features current maintenance/asset management philosophies.
Offers more information on self-analysis.


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