Since the 2008 recession, organizations are pushing their research and development departments to the brink, seeking the same, or greater, levels of innovation at the same, or lower, amounts of funding. At the same time, an unprecedented level of connection across the global supply chain has brought competition to a frenzied peak, pushing companies to the brink and forcing them to efficiently work with global teams.
In this “new normal” for R&D, how can managers meet the demands of top-rung leadership and the market itself?
The Center for Operational Excellence is partnering with the Fisher College of Business Department of Managing Sciences to host award-winning Prof. Aravind Chandrasekaran (right) on Wednesday, Oct. 29, for an “Innovation Day” workshop. Prof. Chandrasekaran will share the results of his years of collaboration with top global innovators in a range of industries, presenting original research that answers critical R&D questions, chiefly:
- How can I best manage R&D teams and align incentives to achieve the type of innovation I’m pursuing?
- How do I know when to involve suppliers and other non-internal partners innovation, and when can that hurt, rather than help?
- What are the challenges involved in working with partners based around the globe, and how can I manage them?
This members-only Innovation Day event includes the exclusive workshop with Prof. Chandrasekaran, catered lunch, discussion panel and guided online simulation that sheds light on how to manage disruptive innovation with finite resources. This session is limited to 40 total attendees with a maximum of five registrants per COE member company.
Make it a two-day experience at Goodyear’s HQ
COE is thrilled to offer an optional second-day event to the innovation workshop: An exclusive presentation and tour at Goodyear Tire & Rubber Co.’s Akron headquarters on Thursday, Oct. 30. In the morning, Goodyear Senior Master Black Belt Norbert Majerus will share how the company has embedded lean product development principles throughout its R&D operation. Following lunch, attendees will embark on a tour of the company’s Akron campus, Operations Management Center, and Knowledge and Project Management division.
At the Operations Management Center, attendees will get an inside look at how Goodyear has implemented visual management as it works to develop and turn out a staggering 1,500 tire SKUs a year. In the Knowledge and Project Management division, attendees will see how the company has created standard work for projects. The company’s new campus, meanwhile, highlights how a continued drive to be collaborative and focus on the customer have influenced a multimillion-dollar construction project.
This tour, limited to 20 participants, requires attendees to provide their own transportation to and from the Goodyear campus but includes a catered lunch.
To register your company for the Innovation Day session and/or the Goodyear tour, click here.
Agenda (subject to minor changes):
Wednesday, Oct. 29
- 9:30 a.m.: Registration / Continental breakfast
- 10 – 11:30 a.m.: Presentation, Prof. Aravind Chandrasekaran
- 11:30 a.m. – 12:30 p.m.: Networking lunch
- 12:30 – 2:30 p.m.: Back Bay Battery Simulation
- 2:30 – 4 p.m.: Discussion panel
- 4-5:30 p.m.: Cocktail reception
Thursday, Oct. 30
- 10:15 a.m.: Check-in in Goodyear lobby
- 10:30 to noon: “Lean Product Development Principles at Goodyear,” Norbert Majerus
- Noon to 1 p.m.: Catered lunch
- 1 to 3 p.m.: Goodyear tour