Week 3: Navigating Innovation and Design in Operations Management

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S-Shaped Curve

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10 Terms

1

S-Shaped Curve

A model illustrating the lifecycle of an innovative idea, showing performance over time.

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2

Slow Introduction

The initial phase of an innovation where it faces resistance and technical challenges.

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3

Rapid Improvement

The phase where performance of an innovation improves quickly as adoption increases.

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4

Natural Limits

The point at which an innovation approaches its inherent performance limits, hindering further improvement.

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5

Multiple S-Shaped Curves

The concept of continuous innovation where new ideas each follow their own S-curve, leading to sustained improvement.

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6

Design Funnel

A model visualizing the design process from concept to final product, emphasizing narrowing possibilities and increasing certainty.

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7

Concept Stage

The initial phase of the design funnel with many potential designs and high uncertainty.

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8

Evaluation and Screening

The process of systematically eliminating less viable design options through assessments.

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9

Final Design Specification

The outcome of the design funnel, converging on a detailed design that resolves uncertainties.

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10

Innovation Cycles

The understanding of S-shaped curves that helps operations managers anticipate the need for new innovations.

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