Every step Quote by James P. Womack

“Our initial objective in creating a value stream “map” identifying every action required to design, order, and make a specific product is to sort…

— James P. Womack

“let’s just reemphasize the critical leap in embracing value stream thinking: Stop looking at aggregated activities and isolated machines—the smelter, the rolling mill, the…

— James P. Womack

“So, how do you make value flow? The first step, once value is defined and the entire value stream is identified, is to focus…

— James P. Womack

“The most important task in specifying value, once the product is defined, is to determine a target cost based on the amount of resources…

— James P. Womack

“What is the muda-free cost of this product, once unnecessary steps are removed and value is made to flow? This becomes the target cost…

— James P. Womack

“our goal is to create fast feedback and fast forward loops wherever work is performed, at all stages of the technology value stream, encompassing…

— Gene Kim

“The key is to rigorously determine the market for a new product long before the products are built, and making sure the market is…

— Madhavan Ramanujam

“The product strategy describes how the long-term goal is attained; it includes the product’s value proposition, market, key features, and business goals. The product…

— Roman Pichler

“Product development has become a faster, more flexible process, where radically better products don’t stand on the shoulders of giants, but on the shoulders…

— Eric Schmidt

“day a product development process starts, it is behind schedule and above budget.”

— Donald A. Norman

“Product is an output of efforts, skills and time”

— Sunday Adelaja

“most firms can substantially boost sales immediately if they find a mechanism for rethinking the value of their core products to their customers.”

— James P. Womack