IIPM Admission 2010

Thursday, March 23, 2006

Company’s ability to develop and introduce products

ECI’s innovation measures focus on the company’s ability to develop and introduce products rapidly. Its manufacturing improvement measure focuses on achieving stability in the manufacturing of new products rather than to improve manufacturing of existing products. In addition to measures on product and process innovation, some companies overlay specific improvement goals for their existing processes. Other companies require that managers make improvements within a specific time period.


Source: IIPM Publication

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