Promoting innovations in a lean organization through innovative value stream mapping

Brian Peek, Hongyi Chen

Research output: Chapter in Book/Report/Conference proceedingConference contribution

5 Scopus citations

Abstract

Lean management and innovation management both play important roles in today's business success by reducing waste and increasing profit. However, as previous studies show, conflicting ideas exist in the philosophies of these two areas, and being too lean may deteriorate a company's innovation capability in the long term. To achieve an optimal balance between lean and innovation, several core concepts in both areas need to be studied and compared. In this paper, we focus on bringing the definition of value in lean management to be in line with the definition in innovation management. Based on such definition, innovation driving activities can be properly incorporated into the value stream mapping process in a company's lean practice. As part of the improved value system, effective rewarding system and management style that encourage innovative activities in a lean organization are also suggested.

Original languageEnglish (US)
Title of host publicationPICMET'11 - Portland International Center for Management of Engineering and Technology, Proceedings - Technology Management in the Energy-Smart World
StatePublished - Oct 5 2011
EventPortland International Center for Management of Engineering and Technology - Technology Management in the Energy-Smart World, PICMET'11 - Portland, OR, United States
Duration: Jul 31 2011Aug 4 2011

Publication series

NamePICMET: Portland International Center for Management of Engineering and Technology, Proceedings

Other

OtherPortland International Center for Management of Engineering and Technology - Technology Management in the Energy-Smart World, PICMET'11
CountryUnited States
CityPortland, OR
Period7/31/118/4/11

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    Peek, B., & Chen, H. (2011). Promoting innovations in a lean organization through innovative value stream mapping. In PICMET'11 - Portland International Center for Management of Engineering and Technology, Proceedings - Technology Management in the Energy-Smart World [6017744] (PICMET: Portland International Center for Management of Engineering and Technology, Proceedings).